Key Points
- PLDT director Alfredo Santos Panlilio sold 4,505 shares on April 10 at an average price of $22.64 for $101,993.20, leaving him with 3,000 shares — a 60.03% drop in his ownership.
- PLDT declared a dividend of $0.7977 per share payable April 30 to holders of record on March 25, with the report citing an indicated yield of 746.0%.
- Shares trade near their 50-day average (~$22.46) with a market cap of $4.43 billion and a PE of 8.47; last quarter EPS was $0.67 and analysts maintain a consensus "Hold" rating with projected FY EPS of 2.76.
PLDT Inc. (NYSE:PHI - Get Free Report) Director Alfredo Santos Panlilio sold 4,505 shares of PLDT stock in a transaction on Friday, April 10th. The stock was sold at an average price of $22.64, for a total value of $101,993.20. Following the transaction, the director directly owned 3,000 shares of the company's stock, valued at approximately $67,920. This represents a 60.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
PLDT Stock Performance
Shares of PHI stock opened at $20.51 on Tuesday. The stock has a fifty day moving average price of $22.46 and a 200 day moving average price of $21.48. The stock has a market cap of $4.43 billion, a PE ratio of 8.47 and a beta of 0.71. PLDT Inc. has a 1 year low of $18.61 and a 1 year high of $24.51. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.37 and a current ratio of 0.38.
PLDT (NYSE:PHI - Get Free Report) last issued its quarterly earnings data on Friday, February 27th. The technology company reported $0.67 earnings per share (EPS) for the quarter. The firm had revenue of $905.99 million during the quarter. PLDT had a return on equity of 28.11% and a net margin of 13.78%. Sell-side analysts forecast that PLDT Inc. will post 2.76 earnings per share for the current fiscal year.
PLDT Announces Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, March 25th will be issued a dividend of $0.7977 per share. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a yield of 746.0%. PLDT's payout ratio is currently 47.93%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of PLDT in a report on Monday, December 29th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold".
Check Out Our Latest Stock Analysis on PLDT
Hedge Funds Weigh In On PLDT
Hedge funds have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in PLDT during the fourth quarter worth $26,000. Farther Finance Advisors LLC increased its position in PLDT by 272.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,306 shares of the technology company's stock worth $28,000 after buying an additional 955 shares in the last quarter. Arax Advisory Partners increased its position in PLDT by 429.4% during the fourth quarter. Arax Advisory Partners now owns 1,710 shares of the technology company's stock worth $37,000 after buying an additional 1,387 shares in the last quarter. CWM LLC increased its position in PLDT by 22.1% during the fourth quarter. CWM LLC now owns 2,590 shares of the technology company's stock worth $56,000 after buying an additional 469 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in PLDT by 155.1% during the second quarter. EverSource Wealth Advisors LLC now owns 3,069 shares of the technology company's stock worth $67,000 after buying an additional 1,866 shares in the last quarter. Hedge funds and other institutional investors own 2.26% of the company's stock.
About PLDT
(
Get Free Report)
Philippine Long Distance Telephone Company (PLDT) is the largest integrated telecommunications provider in the Philippines, offering a comprehensive suite of fixed‐line, wireless, broadband Internet, and digital solutions to residential, enterprise, and government customers. Founded in 1928, PLDT has played a pivotal role in the development of the country's communications infrastructure, evolving from a traditional operator of long‐distance telephone lines into a diversified digital services provider.
PLDT operates two main business segments: its fixed‐line and broadband operations under the PLDT brand and its wireless services through subsidiary Smart Communications.
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