2 weeks Ago By ABMN Staff
StockNews.com downgraded shares of PLDT ( NYSE:PHI – Free Report ) from a strong-buy rating to a buy rating in a report issued on Monday morning. PLDT Stock Down 2.
6 % Shares of NYSE PHI opened at $26.74 on Monday. The company has a quick ratio of 0.
32, a current ratio of 0.33 and a debt-to-equity ratio of 2.21.
PLDT has a 52 week low of $20.27 and a 52 week high of $30.39.
The firm’s fifty day moving average is $26.94 and its 200 day moving average is $25.29.
The company has a market cap of $5.78 billion, a price-to-earnings ratio of 8.91, a PEG ratio of 1.
41 and a beta of 0.67. PLDT ( NYSE:PHI – Get Free Report ) last announced its earnings results on Tuesday, August 13th.
The technology company reported $0.67 EPS for the quarter. The firm had revenue of $923.
00 million for the quarter. PLDT had a net margin of 12.33% and a return on equity of 21.
49%. On average, equities research analysts expect that PLDT will post 2.76 earnings per share for the current year.
PLDT Increases Dividend Institutional Inflows and Outflows Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. O Shaughnessy Asset Management LLC lifted its position in shares of PLDT by 337.8% during the first quarter.
O Shaughnessy Asset Management LLC now owns 37,877 shares of the technology company’s stock valued at $934,000 after buying an additional 29,225 shares during the last quarter. Kathmere Capital Management LLC acquired a new position in PLDT in the 1st quarter worth approximately $258,000. American Century Companies Inc.
increased its holdings in PLDT by 10.9% in the 2nd quarter. American Century Companies Inc.
now owns 93,479 shares of the technology company’s stock worth $2,296,000 after buying an additional 9,206 shares during the period. Creative Planning grew its stake in shares of PLDT by 19.6% during the 2nd quarter.
Creative Planning now owns 56,050 shares of the technology company’s stock worth $1,377,000 after purchasing an additional 9,169 shares during the period. Finally, Barometer Capital Management Inc. acquired a new stake in shares of PLDT during the 4th quarter worth approximately $117,000.
2.26% of the stock is currently owned by institutional investors. About PLDT ( Get Free Report ) PLDT Inc provides telecommunications and digital services in the Philippines.
The company operates through three segments: Wireless, Fixed Line, and Others. It offers cellular mobile, Internet broadband distribution, operations support, software development, and satellite information and messaging services; and sells Wi-Fi access equipment. Recommended Stories Receive News & Ratings for PLDT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PLDT and related companies with MarketBeat.
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