Robeco Institutional Asset Management B.V. Raises Position in PLDT Inc. (NYSE:PHI)

Robeco Institutional Asset Management B.V. increased its stake in PLDT Inc. (NYSE:PHI - Free Report) by 655.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 105,364 shares of the technology company's stock after buying an additional 91,418 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in PLDT were worth $2,334,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PHI. Creative Planning boosted its holdings in shares of PLDT by 21.1% in the third quarter. Creative Planning now owns 67,897 shares of the technology company's stock valued at $1,825,000 after purchasing an additional 11,847 shares during the period. Blue Trust Inc. lifted its holdings in shares of PLDT by 70.4% in the 4th quarter. Blue Trust Inc. now owns 23,655 shares of the technology company's stock worth $524,000 after buying an additional 9,772 shares during the period. Ascent Group LLC bought a new position in shares of PLDT during the 3rd quarter worth $218,000. Kathmere Capital Management LLC grew its position in shares of PLDT by 15.6% during the 4th quarter. Kathmere Capital Management LLC now owns 29,035 shares of the technology company's stock worth $643,000 after buying an additional 3,915 shares in the last quarter. Finally, Quantinno Capital Management LP increased its stake in shares of PLDT by 37.2% during the third quarter. Quantinno Capital Management LP now owns 13,495 shares of the technology company's stock valued at $363,000 after buying an additional 3,659 shares during the period. Institutional investors own 2.26% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of PLDT from a "buy" rating to a "strong-buy" rating in a report on Thursday, November 14th.

PLDT Stock Down 1.2 %

PHI stock traded down $0.28 during trading on Friday, hitting $23.03. 49,440 shares of the company's stock traded hands, compared to its average volume of 59,322. The firm has a market capitalization of $4.98 billion, a P/E ratio of 7.60, a PEG ratio of 1.08 and a beta of 0.66. PLDT Inc. has a 1 year low of $21.00 and a 1 year high of $30.39. The company has a quick ratio of 0.32, a current ratio of 0.34 and a debt-to-equity ratio of 2.24. The business has a fifty day simple moving average of $22.42 and a two-hundred day simple moving average of $24.61.

PLDT (NYSE:PHI - Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The technology company reported $0.68 earnings per share (EPS) for the quarter. The business had revenue of $933.44 million for the quarter. PLDT had a return on equity of 22.11% and a net margin of 12.34%. Sell-side analysts anticipate that PLDT Inc. will post 2.76 EPS for the current year.

PLDT Company Profile

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.