8,090 Shares in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Acquired by Moreno Evelyn V

Moreno Evelyn V purchased a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 8,090 shares of the utilities provider’s stock, valued at approximately $208,000.

Several other institutional investors have also modified their holdings of TLK. EverSource Wealth Advisors LLC grew its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 107.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,170 shares of the utilities provider’s stock worth $56,000 after purchasing an additional 1,124 shares in the last quarter. CWM LLC increased its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 153.0% during the fourth quarter. CWM LLC now owns 2,517 shares of the utilities provider’s stock worth $65,000 after buying an additional 1,522 shares during the period. KLR Investment Advisors LLC acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the third quarter valued at approximately $183,000. NewEdge Wealth LLC acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter worth approximately $204,000. Finally, Vestmark Advisory Solutions Inc. acquired a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at $204,000.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Down 0.5 %

Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock traded down $0.09 during trading hours on Thursday, hitting $18.24. The company had a trading volume of 295,408 shares, compared to its average volume of 268,232. Perusahaan Perseroan has a twelve month low of $18.18 and a twelve month high of $28.26. The company has a current ratio of 0.87, a quick ratio of 0.85 and a debt-to-equity ratio of 0.16. The company’s 50-day moving average is $20.86 and its two-hundred day moving average is $23.60.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) last announced its earnings results on Thursday, April 18th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter. The firm had revenue of $2.25 billion during the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a return on equity of 15.72% and a net margin of 16.12%. Sell-side analysts anticipate that Perusahaan Perseroan will post 1.72 EPS for the current year.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Cuts Dividend

The business also recently declared an annual dividend, which will be paid on Monday, June 17th. Investors of record on Monday, May 20th will be given a $1.1116 dividend. This represents a yield of 8.8%. The ex-dividend date is Friday, May 17th. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk’s dividend payout ratio (DPR) is presently 52.80%.

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 note on Saturday, April 20th.

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.