Walleye Capital LLC Takes Position in PLDT Inc. (NYSE:PHI)

Walleye Capital LLC acquired a new position in PLDT Inc. (NYSE:PHI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,000 shares of the technology company's stock, valued at approximately $266,000.

A number of other institutional investors have also bought and sold shares of the company. Invesco Ltd. boosted its holdings in PLDT by 19.8% during the 4th quarter. Invesco Ltd. now owns 1,536,883 shares of the technology company's stock valued at $34,042,000 after acquiring an additional 254,110 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in PLDT by 655.5% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 105,364 shares of the technology company's stock worth $2,334,000 after acquiring an additional 91,418 shares in the last quarter. Allianz SE purchased a new stake in PLDT in the 4th quarter worth $906,000. Arrowstreet Capital Limited Partnership lifted its stake in PLDT by 40.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 113,316 shares of the technology company's stock worth $2,510,000 after purchasing an additional 32,791 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of PLDT by 13.8% during the 4th quarter. American Century Companies Inc. now owns 110,252 shares of the technology company's stock valued at $2,442,000 after buying an additional 13,406 shares in the last quarter. Institutional investors own 2.26% of the company's stock.

PLDT Stock Performance

Shares of PHI traded down $0.24 during mid-day trading on Tuesday, reaching $23.13. The company had a trading volume of 61,695 shares, compared to its average volume of 52,222. The stock has a market capitalization of $5.00 billion, a P/E ratio of 8.83, a PEG ratio of 1.14 and a beta of 0.86. The stock has a 50 day moving average of $23.01 and a two-hundred day moving average of $23.00. The company has a quick ratio of 0.32, a current ratio of 0.34 and a debt-to-equity ratio of 2.24. PLDT Inc. has a 52-week low of $20.29 and a 52-week high of $29.05.

PLDT (NYSE:PHI - Get Free Report) last posted its earnings results on Thursday, March 13th. The technology company reported $0.67 earnings per share (EPS) for the quarter. The company 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, analysts expect that PLDT Inc. will post 2.76 earnings per share for the current year.

PLDT Dividend Announcement

The business also recently declared a semi-annual dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, March 12th were paid a $0.812 dividend. The ex-dividend date was Wednesday, March 12th. This represents a yield of 5.4%. PLDT's dividend payout ratio is currently 45.42%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of PLDT from a "buy" rating to a "strong-buy" rating in a research note on Friday, March 7th.

About PLDT

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.