Signaturefd LLC Purchases 1,172 Shares of PLDT Inc. (NYSE:PHI)

Signaturefd LLC grew its position in PLDT Inc. (NYSE:PHI) by 8.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,219 shares of the technology company’s stock after purchasing an additional 1,172 shares during the period. Signaturefd LLC’s holdings in PLDT were worth $337,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of PHI. SBI Securities Co. Ltd. bought a new stake in PLDT in the 4th quarter valued at approximately $49,000. BNP Paribas Financial Markets bought a new stake in shares of PLDT in the third quarter worth $79,000. Ascent Group LLC acquired a new position in PLDT during the third quarter worth $218,000. Sequoia Financial Advisors LLC boosted its holdings in PLDT by 12.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 11,629 shares of the technology company’s stock worth $258,000 after purchasing an additional 1,310 shares during the last quarter. Finally, West Family Investments Inc. increased its stake in PLDT by 42.1% in the 4th quarter. West Family Investments Inc. now owns 12,352 shares of the technology company’s stock valued at $274,000 after buying an additional 3,659 shares during the last quarter. 2.26% of the stock is owned by institutional investors and hedge funds.

PLDT Stock Down 2.7 %

PHI stock opened at $22.75 on Friday. PLDT Inc. has a twelve month low of $21.00 and a twelve month high of $29.05. The company has a market cap of $4.91 billion, a price-to-earnings ratio of 8.68, a P/E/G ratio of 1.14 and a beta of 0.68. 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 50 day moving average price of $23.29 and a two-hundred day moving average price of $23.88.

PLDT (NYSE:PHI) last issued its earnings results on Thursday, March 13th. The technology company reported $0.67 earnings per share for the quarter. The business had revenue of $960.62 million for the quarter. PLDT had a net margin of 12.34% and a return on equity of 22.11%. Analysts anticipate that PLDT Inc. will post 2.76 EPS for the current fiscal year.

PLDT Announces Dividend

The firm also recently declared 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 is Wednesday, March 12th. PLDT’s payout ratio is currently 44.66%.

Wall Street Analysts Forecast Growth

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

PLDT 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.