Nia Impact Advisors LLC Has $369,000 Stock Position in PLDT Inc. (NYSE:PHI)

Nia Impact Advisors LLC trimmed its stake in PLDT Inc. (NYSE:PHI - Free Report) by 80.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,662 shares of the technology company's stock after selling 67,819 shares during the period. Nia Impact Advisors LLC's holdings in PLDT were worth $369,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Invesco Ltd. boosted its holdings in PLDT by 19.8% in the 4th quarter. Invesco Ltd. now owns 1,536,883 shares of the technology company's stock valued at $34,042,000 after purchasing an additional 254,110 shares during the period. Northern Trust Corp lifted its holdings in shares of PLDT by 1,189.5% during the fourth quarter. Northern Trust Corp now owns 138,992 shares of the technology company's stock valued at $3,079,000 after acquiring an additional 128,213 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in PLDT by 40.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 113,316 shares of the technology company's stock worth $2,510,000 after buying an additional 32,791 shares during the last quarter. American Century Companies Inc. raised its position in PLDT by 13.8% in the 4th quarter. American Century Companies Inc. now owns 110,252 shares of the technology company's stock valued at $2,442,000 after purchasing an additional 13,406 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its position in PLDT by 655.5% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 105,364 shares of the technology company's stock valued at $2,334,000 after acquiring an additional 91,418 shares in the last quarter. Institutional investors own 2.26% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered PLDT from a "strong-buy" rating to a "buy" rating in a research note on Tuesday.

PLDT Trading Down 1.2%

NYSE:PHI traded down $0.28 during mid-day trading on Friday, hitting $23.24. The company had a trading volume of 67,186 shares, compared to its average volume of 53,266. 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 firm has a market cap of $5.02 billion, a P/E ratio of 8.87, a P/E/G ratio of 1.14 and a beta of 0.76. The business's fifty day moving average is $22.88 and its two-hundred day moving average is $22.84. PLDT Inc. has a fifty-two week low of $20.29 and a fifty-two week high of $29.05.

PLDT (NYSE:PHI - Get Free Report) last posted its earnings results on Thursday, March 13th. The technology company reported $0.67 earnings per share for the quarter. The firm had revenue of $960.62 million for 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 earnings per share for the current year.

PLDT Dividend Announcement

The company also recently announced a semi-annual dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, March 12th were paid a $0.812 dividend. This represents a yield of 5.4%. The ex-dividend date of this dividend was Wednesday, March 12th. PLDT's payout ratio is 45.42%.

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.