Insider Selling: PLDT (NYSE:PHI) Director Sells 4,505 Shares of Stock

PLDT Inc. (NYSE:PHI - Get Free Report) Director Alfredo Santos Panlilio sold 4,505 shares of PLDT stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $22.64, for a total value of $101,993.20. Following the transaction, the director directly owned 3,000 shares of the company's stock, valued at $67,920. The trade was a 60.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.PLDT Trading Up 0.4%Shares of PHI stock opened at $21.00 on Monday. The business's fifty day moving average is $22.50 and its 200 day moving average is $21.47. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.37 and a current ratio of 0.38. The company has a market capitalization of $4.54 billion, a PE ratio of 8.68 and a beta of 0.71. PLDT Inc. has a 52-week low of $18.61 and a 52-week high of $24.51. PLDT (NYSE:PHI - Get Free Report) last issued its earnings results on Friday, February 27th. The technology company reported $0.67 earnings per share (EPS) for the quarter. PLDT had a return on equity of 28.11% and a net margin of 13.78%.The business had revenue of $905.99 million during the quarter. On average, equities research analysts anticipate that PLDT Inc. will post 2.76 EPS for the current fiscal year. PLDT Dividend AnnouncementThe company also recently declared a dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, March 25th will be given a dividend of $0.7977 per share. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a dividend yield of 746.0%. PLDT's dividend payout ratio (DPR) is 47.93%. Analyst Upgrades and DowngradesSeparately, Weiss Ratings reissued a "hold (c-)" rating on shares of PLDT in a report on Monday, December 29th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, PLDT has a consensus rating of "Hold".Get Our Latest Stock Analysis on PLDTHedge Funds Weigh In On PLDTA number of institutional investors have recently bought and sold shares of PHI. Invesco Ltd. increased its holdings in PLDT by 14.1% in the 3rd quarter. Invesco Ltd. now owns 1,697,399 shares of the technology company's stock worth $31,741,000 after acquiring an additional 209,385 shares in the last quarter. UBS Group AG lifted its stake in PLDT by 41.4% in the 3rd quarter. UBS Group AG now owns 251,013 shares of the technology company's stock valued at $4,694,000 after buying an additional 73,439 shares in the last quarter. Jane Street Group LLC boosted its holdings in PLDT by 227.9% in the 1st quarter. Jane Street Group LLC now owns 77,493 shares of the technology company's stock worth $1,695,000 after buying an additional 53,861 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in PLDT by 20.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 181,574 shares of the technology company's stock worth $3,951,000 after buying an additional 30,803 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of PLDT by 106.8% during the first quarter. Goldman Sachs Group Inc. now owns 53,776 shares of the technology company's stock valued at $1,176,000 after acquiring an additional 27,769 shares during the last quarter. 2.26% of the stock is owned by hedge funds and other institutional investors. About PLDT (Get Free Report)Philippine Long Distance Telephone Company (PLDT) is the largest integrated telecommunications provider in the Philippines, offering a comprehensive suite of fixed‐line, wireless, broadband Internet, and digital solutions to residential, enterprise, and government customers. Founded in 1928, PLDT has played a pivotal role in the development of the country's communications infrastructure, evolving from a traditional operator of long‐distance telephone lines into a diversified digital services provider. PLDT operates two main business segments: its fixed‐line and broadband operations under the PLDT brand and its wireless services through subsidiary Smart Communications.Featured StoriesFive stocks we like better than PLDTThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in PLDT Right Now?Before you consider PLDT, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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