PLDT Inc (NYSE:PHI) has earned an average broker rating score of 0.00 () from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell rating.

Analysts have set a 12 month consensus price target of $29.43 for the company, according to Zacks. Zacks has also given PLDT an industry rank of 71 out of 265 based on the ratings given to its competitors.

A number of research analysts have commented on PHI shares. Zacks Investment Research raised PLDT from a “sell” rating to a “hold” rating in a research report on Saturday, December 31st. Credit Suisse Group AG raised PLDT from an “underperform” rating to a “neutral” rating in a research report on Tuesday, March 7th.

Shares of PLDT (NYSE:PHI) opened at 30.75 on Thursday. PLDT has a one year low of $25.50 and a one year high of $46.13. The company’s 50-day moving average price is $29.43 and its 200-day moving average price is $30.80. The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of 16.77 and a beta of 1.25.

The company also recently announced a semiannual dividend, which will be paid on Friday, April 14th. Stockholders of record on Monday, March 20th will be given a $0.5564 dividend. This represents a dividend yield of 3.62%. The ex-dividend date is Thursday, March 16th. PLDT’s dividend payout ratio is currently 83.87%.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. Marshall Wace LLP purchased a new position in shares of PLDT during the fourth quarter valued at about $224,000. Comerica Bank raised its position in shares of PLDT by 12.5% in the fourth quarter. Comerica Bank now owns 12,307 shares of the company’s stock valued at $362,000 after buying an additional 1,365 shares in the last quarter. Two Sigma Investments LP purchased a new position in shares of PLDT during the fourth quarter valued at about $2,547,000. Dimensional Fund Advisors LP raised its position in shares of PLDT by 7.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 317,463 shares of the company’s stock valued at $8,747,000 after buying an additional 22,184 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of PLDT by 5.9% in the fourth quarter. Renaissance Technologies LLC now owns 2,684,400 shares of the company’s stock valued at $73,955,000 after buying an additional 150,300 shares in the last quarter. 9.89% of the stock is owned by hedge funds and other institutional investors.

About PLDT

PLDT, Inc, formerly Philippine Long Distance Telephone Company (PLDT), is a telecommunications service provider in the Philippines. The Company operates through three business segments: Wireless, Fixed Line and Others. The Company, through its business segments, offers a range of telecommunications services across the Philippines’ fiber optic backbone and wireless and fixed line networks.

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