Allianz SE Purchases Shares of 55,966 Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)

Allianz SE acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 55,966 shares of the utilities provider’s stock, valued at approximately $921,000.

Several other large investors also recently modified their holdings of TLK. Citigroup Inc. boosted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.7% during the 3rd quarter. Citigroup Inc. now owns 213,810 shares of the utilities provider’s stock worth $4,229,000 after buying an additional 42,304 shares during the period. Cerity Partners LLC boosted its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 35.7% during the third quarter. Cerity Partners LLC now owns 21,253 shares of the utilities provider’s stock worth $420,000 after acquiring an additional 5,597 shares during the period. Bank of Montreal Can grew its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 19.5% in the third quarter. Bank of Montreal Can now owns 143,556 shares of the utilities provider’s stock valued at $2,904,000 after purchasing an additional 23,467 shares during the last quarter. FMR LLC increased its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 230.6% during the third quarter. FMR LLC now owns 17,894 shares of the utilities provider’s stock worth $354,000 after purchasing an additional 12,481 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 3rd quarter worth approximately $1,308,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

TLK opened at $14.73 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69. The business has a fifty day simple moving average of $15.47 and a 200 day simple moving average of $16.95. Perusahaan Perseroan has a 1 year low of $13.88 and a 1 year high of $22.38. The company has a market capitalization of $14.59 billion, a PE ratio of 10.23, a price-to-earnings-growth ratio of 2.18 and a beta of 0.76.

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.