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

Nia Impact Advisors LLC cut its stake in PLDT Inc. (NYSE:PHI - Free Report) by 80.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,662 shares of the technology company's stock after selling 67,819 shares during the quarter. 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 hedge funds also recently bought and sold shares of PHI. Bank of America Corp DE grew its stake in shares of PLDT by 12.5% in the fourth quarter. Bank of America Corp DE now owns 27,170 shares of the technology company's stock valued at $602,000 after buying an additional 3,023 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of PLDT by 49.4% in the 4th quarter. BNP Paribas Financial Markets now owns 4,396 shares of the technology company's stock valued at $97,000 after buying an additional 1,453 shares during the period. Jane Street Group LLC lifted its holdings in shares of PLDT by 199.9% in the 4th quarter. Jane Street Group LLC now owns 23,632 shares of the technology company's stock valued at $523,000 after buying an additional 15,752 shares during the period. Northern Trust Corp grew its holdings in shares of PLDT by 1,189.5% in the 4th quarter. Northern Trust Corp now owns 138,992 shares of the technology company's stock worth $3,079,000 after acquiring an additional 128,213 shares during the period. Finally, Walleye Capital LLC purchased a new position in PLDT during the fourth quarter worth $266,000. Hedge funds and other institutional investors own 2.26% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com cut PLDT from a "strong-buy" rating to a "buy" rating in a report on Tuesday, May 13th.

PLDT Price Performance

Shares of NYSE PHI traded up $0.11 during trading on Monday, hitting $23.35. The company had a trading volume of 26,816 shares, compared to its average volume of 53,240. The company has a market cap of $5.04 billion, a P/E ratio of 9.23, a PEG ratio of 1.14 and a beta of 0.76. PLDT Inc. has a 52 week low of $20.29 and a 52 week high of $29.05. The business's 50-day moving average is $22.88 and its 200 day moving average is $22.82. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.32 and a current ratio of 0.34.

PLDT (NYSE:PHI - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The technology company reported $0.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.73 by ($0.02). PLDT had a return on equity of 22.11% and a net margin of 12.34%. The business had revenue of $991.52 million during the quarter. Equities research analysts predict that PLDT Inc. will post 2.76 earnings per share for the current fiscal year.

PLDT Announces Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, March 12th were issued a dividend of $0.812 per share. This represents a dividend yield of 5.4%. The ex-dividend date of this dividend was Wednesday, March 12th. PLDT's payout ratio is 47.04%.

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.