American Century Companies Inc. Increases Stock Position in PLDT Inc. (NYSE:PHI)

American Century Companies Inc. boosted its stake in shares of PLDT Inc. (NYSE:PHI - Free Report) by 13.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 110,252 shares of the technology company's stock after buying an additional 13,406 shares during the quarter. American Century Companies Inc. owned 0.05% of PLDT worth $2,442,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. acquired a new stake in shares of PLDT in the 4th quarter worth approximately $49,000. BNP Paribas Financial Markets acquired a new stake in PLDT in the third quarter valued at $79,000. Sequoia Financial Advisors LLC grew its holdings in 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 purchasing an additional 1,310 shares during the last quarter. West Family Investments Inc. increased its position in shares of PLDT by 42.1% in the fourth 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 in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of PLDT by 6.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 12,842 shares of the technology company's stock worth $284,000 after buying an additional 807 shares during the last quarter. 2.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

PLDT Price Performance

PHI stock traded up $0.40 on Friday, reaching $22.38. The company had a trading volume of 98,591 shares, compared to its average volume of 50,841. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.32 and a current ratio of 0.34. The company's fifty day moving average is $23.06 and its 200 day moving average is $23.35. The company has a market cap of $4.84 billion, a P/E ratio of 8.54, a PEG ratio of 1.14 and a beta of 0.86. PLDT Inc. has a 1 year low of $20.29 and a 1 year high of $29.05.

PLDT (NYSE:PHI - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The technology company reported $0.67 EPS for the quarter. The firm 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%. On average, research analysts forecast that PLDT Inc. will post 2.76 earnings per share for the current year.

PLDT Dividend Announcement

The company also recently announced 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 yield of 5.4%. PLDT's dividend payout ratio (DPR) is currently 44.66%.

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.