PLDT Inc. (NYSE:PHI - Get Free Report)'s stock price hit a new 52-week low on Monday . The stock traded as low as $10.00 and last traded at $21.00, with a volume of 395 shares traded. The stock had previously closed at $21.27.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of PLDT from a "buy" rating to a "strong-buy" rating in a research note on Friday, March 7th.
Read Our Latest Report on PHI
PLDT Stock Up 1.8 %
The firm's 50-day simple moving average is $23.06 and its 200 day simple moving average is $23.35. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.32 and a current ratio of 0.34. The company has a market cap of $4.84 billion, a P/E ratio of 8.54, a PEG ratio of 1.14 and a beta of 0.86.
PLDT (NYSE:PHI - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The technology company reported $0.67 EPS for the quarter. The business had revenue of $960.62 million during the quarter. PLDT had a return on equity of 22.11% and a net margin of 12.34%. On average, research analysts forecast that PLDT Inc. will post 2.76 earnings per share for the current fiscal year.
PLDT Dividend Announcement
The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, March 12th will be issued a dividend of $0.812 per share. This represents a yield of 5.4%. The ex-dividend date of this dividend is Wednesday, March 12th. PLDT's dividend payout ratio is currently 44.66%.
Hedge Funds Weigh In On PLDT
A number of hedge funds and other institutional investors have recently made changes to their positions in PHI. BNP Paribas Financial Markets acquired a new stake in PLDT during the 3rd quarter worth $79,000. Robeco Institutional Asset Management B.V. lifted its holdings in shares of PLDT by 655.5% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 105,364 shares of the technology company's stock valued at $2,334,000 after purchasing an additional 91,418 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of PLDT by 40.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 113,316 shares of the technology company's stock valued at $2,510,000 after purchasing an additional 32,791 shares during the period. Allianz SE bought a new stake in PLDT during the 4th quarter worth approximately $906,000. Finally, American Century Companies Inc. increased its stake in PLDT by 13.8% during the 4th quarter. American Century Companies Inc. now owns 110,252 shares of the technology company's stock worth $2,442,000 after purchasing an additional 13,406 shares in the last quarter. 2.26% of the stock is owned by institutional investors.
PLDT Company Profile
(
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.
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