24,724 Shares in PT Telekomunikasi Indonesia, Tbk $TLK Bought by Klein Pavlis & Peasley Financial Inc.

Klein Pavlis & Peasley Financial Inc. bought a new stake in PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 24,724 shares of the utilities provider’s stock, valued at approximately $465,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. First Horizon Corp acquired a new position in shares of PT Telekomunikasi Indonesia, Tbk in the third quarter valued at approximately $26,000. Raymond James Financial Inc. acquired a new stake in PT Telekomunikasi Indonesia, Tbk during the 2nd quarter worth approximately $25,000. Smartleaf Asset Management LLC grew its holdings in PT Telekomunikasi Indonesia, Tbk by 70.8% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,222 shares of the utilities provider’s stock worth $37,000 after acquiring an additional 921 shares during the last quarter. Allworth Financial LP increased its position in PT Telekomunikasi Indonesia, Tbk by 1,032.4% in the 2nd quarter. Allworth Financial LP now owns 2,412 shares of the utilities provider’s stock valued at $41,000 after acquiring an additional 2,199 shares during the period. Finally, Hantz Financial Services Inc. raised 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 acquiring an additional 2,266 shares during the last quarter.

PT Telekomunikasi Indonesia, Tbk Stock Down 0.4%

PT Telekomunikasi Indonesia, Tbk stock opened at $21.73 on Friday. The firm has a market cap of $21.53 billion, a price-to-earnings ratio of 16.10, a PEG ratio of 2.98 and a beta of 0.39. PT Telekomunikasi Indonesia, Tbk has a 52-week low of $13.15 and a 52-week high of $22.39. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.76 and a current ratio of 0.77. The firm has a 50 day moving average price of $21.38 and a two-hundred day moving average price of $19.63.

PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) last posted its quarterly earnings data on Monday, December 1st. The utilities provider reported ($0.01) earnings per share for the quarter. PT Telekomunikasi Indonesia, Tbk had a return on equity of 13.86% and a net margin of 14.78%.The firm had revenue of ($4,514.03) million for the quarter. Equities analysts predict that PT Telekomunikasi Indonesia, Tbk will post 1.5 EPS for the current year.

Analyst Upgrades and Downgrades

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

About PT Telekomunikasi Indonesia, Tbk

PT Telekomunikasi Indonesia, Tbk, commonly known as Telkom Indonesia, is Indonesia’s largest integrated telecommunications provider. The company’s core operations encompass the provision of fixed-line and mobile voice services, broadband internet, and network infrastructure. It serves a broad customer base that includes residential subscribers, businesses, government agencies and wholesale partners, offering connectivity across urban and rural areas of Indonesia.

Telkom’s product and service portfolio spans consumer broadband and digital entertainment, enterprise ICT solutions, managed network services, data center and cloud platforms, and wholesale international connectivity.