Koninklijke Philips (NYSE:PHG) Given Consensus Rating of “Hold” by Analysts

Shares of Koninklijke Philips (NYSE:PHG) have earned a consensus rating of “Hold” from the five analysts that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.

Several research firms have recently weighed in on PHG. Jefferies Financial Group raised shares of Koninklijke Philips from an “underperform” rating to a “hold” rating in a report on Tuesday, October 29th. StockNews.com lowered shares of Koninklijke Philips from a “buy” rating to a “hold” rating in a report on Thursday, November 14th.

Institutional Trading of Koninklijke Philips

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Huntington National Bank increased its holdings in shares of Koninklijke Philips by 1,582.6% in the fourth quarter. Huntington National Bank now owns 4,745 shares of the technology company’s stock valued at $120,000 after purchasing an additional 4,463 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in Koninklijke Philips by 6.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 29,533 shares of the technology company’s stock valued at $748,000 after acquiring an additional 1,671 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Koninklijke Philips by 107.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 129,624 shares of the technology company’s stock valued at $3,282,000 after acquiring an additional 67,289 shares during the last quarter. Intrust Bank NA boosted its stake in Koninklijke Philips by 41.0% in the fourth quarter. Intrust Bank NA now owns 16,454 shares of the technology company’s stock valued at $417,000 after acquiring an additional 4,781 shares during the last quarter. Finally, Orion Portfolio Solutions LLC boosted its stake in Koninklijke Philips by 38.2% in the fourth quarter. Orion Portfolio Solutions LLC now owns 13,497 shares of the technology company’s stock valued at $342,000 after acquiring an additional 3,731 shares during the last quarter. Institutional investors and hedge funds own 13.67% of the company’s stock.

Koninklijke Philips Stock Performance

NYSE PHG opened at $28.19 on Thursday. The firm has a market cap of $26.50 billion, a price-to-earnings ratio of -67.12, a PEG ratio of 0.90 and a beta of 0.77. The company has a 50 day moving average of $26.08 and a 200-day moving average of $28.20. The company has a current ratio of 1.16, a quick ratio of 0.74 and a debt-to-equity ratio of 0.60. Koninklijke Philips has a 1-year low of $19.55 and a 1-year high of $32.91.

About Koninklijke Philips

Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. The company operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. It also provides diagnostic imaging solutions, includes magnetic resonance imaging, X-ray systems, and computed tomography (CT) systems and software comprising detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; echography solutions focused on diagnosis, treatment planning and guidance for cardiology, general imaging, obstetrics/gynecology, and point-of-care applications; integrated interventional systems, and interventional diagnostic and therapeutic devices to treat coronary artery and peripheral vascular disease.