C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Acquires Shares of 15,000 Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 15,000 shares of the utilities provider’s stock, valued at approximately $247,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp boosted its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 127.3% in the third quarter. Van ECK Associates Corp now owns 198,504 shares of the utilities provider’s stock valued at $3,710,000 after acquiring an additional 111,162 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.1% in the third quarter. Sanctuary Advisors LLC now owns 42,484 shares of the utilities provider’s stock valued at $840,000 after acquiring an additional 10,070 shares during the last quarter. Northcape Capital Pty Ltd boosted its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% in the fourth quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider’s stock valued at $8,716,000 after acquiring an additional 77,655 shares during the last quarter. Haven Global Partners LLC bought a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at approximately $3,291,000. Finally, DGS Capital Management LLC boosted its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% in the fourth quarter. DGS Capital Management LLC now owns 75,421 shares of the utilities provider’s stock valued at $1,241,000 after acquiring an additional 18,035 shares during the last quarter.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

Shares of TLK stock opened at $16.18 on Friday. Perusahaan Perseroan has a 52-week low of $14.16 and a 52-week high of $26.66. The stock has a market cap of $16.03 billion, a PE ratio of 11.24, a PEG ratio of 2.21 and a beta of 0.77. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70. The firm’s 50 day moving average price is $16.21 and its two-hundred day moving average price is $17.69.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk 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.