State of New Jersey Common Pension Fund D held its stake in PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 628,500 shares of the utilities provider’s stock at the end of the second quarter. State of New Jersey Common Pension Fund D owned 0.06% of PT Telekomunikasi Indonesia, Tbk worth $21,162,000 as of its most recent filing with the SEC.

Separately, NGAM Advisors L.P. raised its stake in PT Telekomunikasi Indonesia, Tbk by 1.5% in the second quarter. NGAM Advisors L.P. now owns 197,751 shares of the utilities provider’s stock valued at $6,658,000 after buying an additional 3,003 shares during the period. 5.80% of the stock is owned by institutional investors and hedge funds.

Shares of PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) opened at 35.06 on Monday. PT Telekomunikasi Indonesia, Tbk has a 52 week low of $27.17 and a 52 week high of $35.97. The firm has a market cap of $34.73 billion, a price-to-earnings ratio of 21.91 and a beta of 0.59. The firm has a 50 day moving average of $34.20 and a 200 day moving average of $31.74.

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Several equities research analysts recently weighed in on the stock. BidaskClub lowered shares of PT Telekomunikasi Indonesia, Tbk from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Goldman Sachs Group, Inc. (The) upgraded shares of PT Telekomunikasi Indonesia, Tbk from a “buy” rating to a “conviction-buy” rating in a research note on Friday, April 28th.

PT Telekomunikasi Indonesia, Tbk Company Profile

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk offers telecommunications and network services. The Company’s segments include Corporate, Home, Personal and Others. The Corporate segment provides telecommunications services, including interconnection, leased lines, satellite, contact center, broadband access, information technology services, and data and Internet services to companies and institutions.

Institutional Ownership by Quarter for PT Telekomunikasi Indonesia, Tbk (NYSE:TLK)

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