Aperio Group LLC has recently announced that it has increased stake in PLDT Inc. (NYSE:PHI) by 7.25%. After grabbing 0.81 million shares, the institutional investor is now in possession of 54583.0 shares of the Communication Services Company. The new investment brought the stake of investor firm to 0.37% having worth around $18.42 million. Moreover, Parametric Portfolio Associates L increased its share by 57240.0 to have a control over 0.57 million shares. And Nia Impact Advisors LLC raised its holdings to 46638.0 shares by acquiring 90996.0 shares or 0.04% of the stake.
PLDT Inc. (PHI) concluded trading on 01/19/23 at a closing price of $26.64, with 0.15 million shares of worth about $3.95 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -7.71% during that period and on Thursday the price saw a gain of about 2.54%. Currently the company’s common shares owned by public are about 216.06M shares, out of which, 216.00M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 11 analysts are covering the PHI stock and their offered price forecasts bring an average price target of $31.98. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $38.52 and could fall to a lowest price of $25.49. The stock’s current price level is 35.5% above of average price target set by the analysts, while a rise to estimated low would result in loss of -4.51% for the stock. However, touching the estimated high of $38.52 would mean a gain of 30.84% for the stock.
DFA Emerging Markets Core Equity, Objectif Actions Emergentes, and First Trust NASDAQ Technology Div are the top 3 mutual funds which are holding stakes in PLDT Inc. DFA Emerging Markets Core Equity is currently holding 0.13 million shares of worth totaling $3.06 million. The company recently came selling 8660.0 shares which brought its stake up to 0.06% of the company’s outstanding shares. First Trust NASDAQ Technology Div, after selling 74103.0 shares, have now control over 0.03% of the stake in the company. It holds 117.0 shares of worth $1.69 million.
PLDT Inc. (NYSE: PHI) started trading at $26.38, above $0.4 from concluding price of the previous day. However, the stock later moved at a day high price of 26.94, or with a gain of 2.54%. Stock saw a price change of 4.27% in past 5 days and over the past one month there was a price change of -0.63%. Year-to-date (YTD), PHI shares are showing a performance of 16.84% which decreased to -25.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.20 but also hit the highest price of $38.40 during that period. The average intraday trading volume for PLDT Inc. shares is 81.20K. The stock is currently trading 12.12% above its 20-day simple moving average (SMA20), while that difference is up 0.49% for SMA50 and it goes to -10.92% lower than SMA200.
Aperio Group LLC acquired 0.81 million shares of PLDT Inc. having value of about $18.42 million. Data submitted at the U.S SEC by Aperio Group LLC revealed that the firm now holds 54583.0 shares in the company valued at close to $1454091.12, or have control over 7.25% stake in the company. PLDT Inc. (NYSE: PHI) currently have 216.06M outstanding shares and institutions hold larger chunk of about 2.70% of that. Holding of mutual funds in the company is about 0.33% while other institutional holders and individual stake holders have control over 2.29% and — of the stake respectively.
The stock has a current market capitalization of $5.73B and its 3Y-monthly beta is at 0.54. PE ratio of stock for trailing 12 months is 9.09, while it has posted earnings per share of $2.93 in the same period. Its PEG reads 6.06 and has Quick Ratio of 0.30 while making debt-to-equity ratio of 2.39. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PHI, volatility over the week remained 2.34% while standing at 3.48% over the month.
Analysts are in expectations that PLDT Inc. (PHI) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 8.60%. EPS is likely to shrink at an annualized rate of 1.50% for next 5-years, compared to annual growth of 5.70% made by the stock over the past 5-years.
Analysts at 11 brokerage firms have issued recommendations for the PLDT Inc. (PHI)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 11 Wall Street analysts, 10 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Stock get a Neutral rating from Credit Suisse on March 07, 2019.