16,633 Shares in PT Telekomunikasi Indonesia, Tbk $TLK Purchased by D Orazio & Associates Inc.

D Orazio & Associates Inc. bought a new stake in shares of PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 16,633 shares of the utilities provider’s stock, valued at approximately $282,000.

Several other large investors have also modified their holdings of the business. Hantz Financial Services Inc. boosted its stake in shares of PT Telekomunikasi Indonesia, Tbk by 1,258.9% during the second quarter. Hantz Financial Services Inc. now owns 2,446 shares of the utilities provider’s stock valued at $41,000 after purchasing an additional 2,266 shares in the last quarter. Allworth Financial LP raised its stake in PT Telekomunikasi Indonesia, Tbk by 1,032.4% in the second quarter. Allworth Financial LP now owns 2,412 shares of the utilities provider’s stock worth $41,000 after buying an additional 2,199 shares in the last quarter. GAMMA Investing LLC lifted its holdings in PT Telekomunikasi Indonesia, Tbk by 146.2% during the second quarter. GAMMA Investing LLC now owns 2,656 shares of the utilities provider’s stock worth $45,000 after buying an additional 1,577 shares during the period. Assetmark Inc. lifted its holdings in PT Telekomunikasi Indonesia, Tbk by 1,368.7% during the first quarter. Assetmark Inc. now owns 3,701 shares of the utilities provider’s stock worth $55,000 after buying an additional 3,449 shares during the period. Finally, SBI Securities Co. Ltd. boosted its position in PT Telekomunikasi Indonesia, Tbk by 37.7% during the 1st quarter. SBI Securities Co. Ltd. now owns 4,417 shares of the utilities provider’s stock valued at $65,000 after acquiring an additional 1,210 shares in the last quarter.

PT Telekomunikasi Indonesia, Tbk Price Performance

Shares of TLK opened at $20.54 on Friday. The company has a 50 day moving average of $19.39 and a two-hundred day moving average of $18.08. The company has a quick ratio of 0.70, a current ratio of 0.71 and a debt-to-equity ratio of 0.17. PT Telekomunikasi Indonesia, Tbk has a twelve month low of $13.15 and a twelve month high of $21.36. The company has a market cap of $20.35 billion, a price-to-earnings ratio of 14.37, a price-to-earnings-growth ratio of 3.84 and a beta of 0.61.

PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) last issued its quarterly earnings data on Thursday, October 30th. The utilities provider reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). The business had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $38,172.05 billion. PT Telekomunikasi Indonesia, Tbk had a net margin of 15.49% and a return on equity of 14.72%. As a group, analysts predict that PT Telekomunikasi Indonesia, Tbk will post 1.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of PT Telekomunikasi Indonesia, Tbk in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

About 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.