Koninklijke Philips N.V. Company Profile (NYSE:PHG)

Koninklijke Philips N.V. trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHG."

Koninklijke Philips N.V. declared an annual dividend on Monday, February 6th. Stockholders of record on Tuesday, May 16th will be paid a dividend of $0.8634 per share on Wednesday, June 14th. This represents a dividend yield of 2.95%. The ex-dividend date is Friday, May 12th. This is a positive change from Koninklijke Philips N.V.'s previous annual dividend of $0.75. View Koninklijke Philips N.V.'s Dividend History.

Koninklijke Philips N.V. announced that its Board of Directors has initiated a stock buyback program on Tuesday, July 25th 2017, which authorizes the company to buyback outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 4.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Koninklijke Philips N.V. (NYSE:PHG) posted its earnings results on Monday, July, 24th. The company reported $0.20 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.18. The business earned $4.29 billion during the quarter, compared to analyst estimates of $4.38 billion. Koninklijke Philips N.V. had a return on equity of 8.92% and a net margin of 6.39%. The business's revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.46 EPS. View Koninklijke Philips N.V.'s Earnings History.

Koninklijke Philips N.V. is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Koninklijke Philips N.V..

10 brokers have issued 1 year target prices for Koninklijke Philips N.V.'s stock. Their forecasts range from $30.00 to $37.00. On average, they anticipate Koninklijke Philips N.V.'s stock price to reach $33.50 in the next year. View Analyst Ratings for Koninklijke Philips N.V..

Koninklijke Philips N.V. saw a drop in short interest during the month of August. As of August 15th, there was short interest totalling 1,058,318 shares, a drop of 42.6% from the July 31st total of 1,843,836 shares. Based on an average daily trading volume, of 837,782 shares, the short-interest ratio is currently 1.3 days. Currently, 0.1% of the shares of the stock are short sold.

Some companies that are related to Koninklijke Philips N.V. include Thermo Fisher Scientific (TMO), Danaher Corporation (DHR), Boston Scientific Corporation (BSX), Intuitive Surgical (ISRG), Illumina (ILMN), Edwards Lifesciences Corporation (EW), Cerner Corporation (CERN), Agilent Technologies (A), Waters Corporation (WAT), ResMed (RMD), Hologic (HOLX), Varian Medical Systems (VAR), PerkinElmer (PKI), ABIOMED (ABMD), Bruker Corporation (BRKR), Alere (ALR), Quidel Corporation (QDEL) and Mazor Robotics (MZOR).

Koninklijke Philips N.V.'s management team includes the folowing people:

• Jeroen van der Veer, Independent Chairman of the Supervisory Board
• Francois Adrianus van Houten, President, Chief Executive Officer and Chairman of the Board of Management
• Christine A. Poon, Independent Vice Chairman of the Supervisory Board, Secretary
• Abhijit Bhattacharya, Chief Financial Officer, Member of the Board of Management
• Sophie Bechu, Executive Vice President, Chief Operating Officer
• Ronald de Jong, Executive Vice President- Chief Human Resource Officer
• Pieter A. J. Nota, Executive Vice President & Chief Executive Officer of Personal Health, Chief Marketing Officer, Member of the Board of Management
• Marnix van Ginneken, Executive Vice President, Chief Legal & Compliance Officer, Secretary
• Robert Cascella, Executive Vice President
• Henk de Jong, Executive Vice President, Chief of International Markets

Koninklijke Philips N.V.'s stock is owned by many different of institutional and retail investors. Top institutional investors include Hotchkis & Wiley Capital Management LLC (1.33%), Boston Partners (1.22%), Arrowstreet Capital Limited Partnership (0.57%), BlackRock Inc. (0.44%), Steadfast Capital Management LP (0.21%) and Wells Fargo & Company MN (0.14%). View Institutional Ownership Trends for Koninklijke Philips N.V..

Koninklijke Philips N.V.'s stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Wells Fargo & Company MN, Balyasny Asset Management LLC, Boston Partners, Skba Capital Management LLC, JPMorgan Chase & Co., Flippin Bruce & Porter Inc. and Chartwell Investment Partners LLC. View Insider Buying and Selling for Koninklijke Philips N.V..

Koninklijke Philips N.V.'s stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Steadfast Capital Management LP, Arrowstreet Capital Limited Partnership, TPG Group Holdings SBS Advisors Inc., Quantitative Investment Management LLC, Financial Counselors Inc., BlueMountain Capital Management LLC and Meritage Portfolio Management. View Insider Buying and Selling for Koninklijke Philips N.V..

Shares of Koninklijke Philips N.V. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Koninklijke Philips N.V. stock can currently be purchased for approximately $41.74.