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

Signaturefd LLC grew its stake in PLDT Inc. (NYSE:PHI) by 8.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,219 shares of the technology company’s stock after purchasing an additional 1,172 shares during the quarter. Signaturefd LLC’s holdings in PLDT were worth $337,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. PNC Financial Services Group Inc. boosted its stake in PLDT by 6.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 12,842 shares of the technology company’s stock valued at $284,000 after purchasing an additional 807 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of PLDT by 12.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 11,629 shares of the technology company’s stock valued at $258,000 after acquiring an additional 1,310 shares during the period. Ballentine Partners LLC grew its stake in shares of PLDT by 12.5% in the fourth quarter. Ballentine Partners LLC now owns 14,448 shares of the technology company’s stock valued at $320,000 after acquiring an additional 1,610 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in PLDT during the fourth quarter worth about $49,000. Finally, BNP Paribas Financial Markets bought a new position in PLDT during the third quarter worth about $79,000. Institutional investors and hedge funds own 2.26% of the company’s stock.

PLDT Price Performance

PLDT stock opened at $22.75 on Friday. The stock’s fifty day moving average price is $23.29 and its two-hundred day moving average price is $23.88. The firm has a market cap of $4.91 billion, a PE ratio of 8.68, a price-to-earnings-growth ratio of 1.14 and a beta of 0.68. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.34 and a quick ratio of 0.32. PLDT Inc. has a one year low of $21.00 and a one year high of $29.05.

PLDT (NYSE:PHI) last posted its quarterly earnings results 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%. As a group, research analysts expect that PLDT Inc. will post 2.76 EPS for the current fiscal year.

PLDT Announces Dividend

The company also recently declared a semi-annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, March 12th will be given a dividend of $0.812 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a dividend yield of 5.4%. PLDT’s dividend payout ratio is 44.66%.

Analyst Upgrades and Downgrades

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

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.