Vanguard Personalized Indexing Management LLC acquires 2,903 shares of PLDT Inc. (NYSE:PHI)

Vanguard Personalized Indexing Management LLC grew its holdings in PLDT Inc. (NYSE:PHI – Free Report) by 21.6% in the second quarter, HoldingsChannel reports. The fund owned 16,341 shares of the technology company’s stock after buying an additional 2,903 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in PLDT were worth $396,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its position in shares of PLDT by 141.9% in the first quarter. EverSource Wealth Advisors LLC now owns 1,396 shares of the technology company’s stock valued at $33,000 after acquiring an additional 819 shares during the period. SageView Advisory Group LLC bought a new stake in PLDT in the 1st quarter worth about $62,000. Blue Trust Inc. lifted its position in PLDT by 392.6% during the second quarter. Blue Trust Inc. now owns 4,709 shares of the technology company’s stock worth $116,000 after buying an additional 3,753 shares during the period. Barometer Capital Management Inc. bought a new stake in PLDT during the fourth quarter valued at about $117,000. Finally, Sequoia Financial Advisors LLC lifted its position in PLDT by 19.7% in the second quarter. Sequoia Financial Advisors LLC now owns 10,439 shares of the technology company’s stock worth $256,000 after buying an additional 1,719 shares during the period. Institutional investors hold 2.26% of the company’s shares.

PLDT trading down 1.0%

PHI opened at $27.37 on Friday. PLDT Inc. it has a twelve month low of $20.27 and a twelve month high of $30.39. The company has a 50-day simple moving average of $26.91 and a 200-day simple moving average of $25.28. The company has a quick ratio of 0.32, a current ratio of 0.33, and a debt-to-equity ratio of 2.21. The stock has a market cap of $5.91 billion, a price-to-earnings ratio of 10.29, a P/E/G ratio of 1.40 and a beta of 0.67.

PLDT (NYSE:PHI – Get Your Free Report ) last posted its earnings results on Tuesday, August 13th. The technology company reported $0.67 EPS for the quarter. The firm had revenue of $923.00 million during the quarter. PLDT had a return on equity of 21.49% and a net margin of 12.33%. Analysts predict that PLDT Inc. will record 2.76 EPS for the current fiscal year.

PLDT increases dividend

The firm also recently announced a semiannual dividend, which was paid on Wednesday, September 25th. Stockholders of record on Monday, August 26th were paid a dividend of $0.634 per share. This is an increase from PLDT’s previous semi-annual dividend of $0.60. The ex-dividend date was Monday, August 26. This represents a yield of 4.4%.

Changes in Analyst Ratings

Separately, StockNews.com raised shares of PLDT from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 4th.

Check out our latest report on PLDT

PLDT profile

(Free Report)

PLDT Inc provides telecommunications and digital services in the Philippines. The company operates through three segments: Wireless, Fixed Line and Others. Provides cellular mobile telephony, Internet broadband distribution, operational support, software development, and satellite messaging and information services; and sells Wi-Fi access equipment.

See Also

Want to see what other hedge funds hold PHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for PLDT Inc. (NYSE:PHI – Free Report).

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