Victory Capital Management Inc. Invests $544,000 in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Victory Capital Management Inc. purchased a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 33,077 shares of the utilities provider’s stock, valued at approximately $544,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at approximately $53,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter worth approximately $247,000. Allspring Global Investments Holdings LLC raised its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider’s stock worth $74,966,000 after purchasing an additional 98,552 shares in the last quarter. Haven Global Partners LLC acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter worth approximately $3,291,000. Finally, First Affirmative Financial Network raised its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.6% during the fourth quarter. First Affirmative Financial Network now owns 13,720 shares of the utilities provider’s stock worth $226,000 after purchasing an additional 972 shares in the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 0.9 %

TLK stock opened at $14.22 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.14. Perusahaan Perseroan has a twelve month low of $13.99 and a twelve month high of $24.63. The company’s 50 day moving average is $15.66 and its two-hundred day moving average is $17.17. The stock has a market cap of $14.08 billion, a P/E ratio of 9.87, a PEG ratio of 2.18 and a beta of 0.76.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, value added services, and mobile broadband services.