Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Acquired by Saturna Capital Corp

Saturna Capital Corp increased its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) by 0.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,782 shares of the utilities provider’s stock after acquiring an additional 782 shares during the period. Saturna Capital Corp’s holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk were worth $1,657,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. American Century Companies Inc. increased its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.5% in the 2nd quarter. American Century Companies Inc. now owns 475,666 shares of the utilities provider’s stock worth $8,895,000 after acquiring an additional 33,360 shares during the period. Van ECK Associates Corp grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 127.3% in the 3rd quarter. Van ECK Associates Corp now owns 198,504 shares of the utilities provider’s stock valued at $3,710,000 after buying an additional 111,162 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 2nd quarter valued at about $616,000. Renaissance Technologies LLC grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 0.4% in the 2nd quarter. Renaissance Technologies LLC now owns 3,908,714 shares of the utilities provider’s stock valued at $73,093,000 after buying an additional 14,600 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 112.3% in the 1st quarter. Advisors Asset Management Inc. now owns 28,092 shares of the utilities provider’s stock valued at $625,000 after buying an additional 14,860 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “hold” rating to a “buy” rating in a research report on Friday, October 4th.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

Shares of TLK opened at $16.34 on Wednesday. The firm has a 50-day moving average price of $19.09 and a 200 day moving average price of $18.79. 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 52-week low of $16.00 and a 52-week high of $26.85.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

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.