Session Recap: Viewing Unusual Volume for Koninklijke Philips NV (NYSE:PHG)

Next Financial Group, Inc reduced its holdings by shedding 43 shares a decrease of 4.3% in the quarter. Walleye Trading LLC purchased a new stake in Koninklijke Philips N.V. during the second quarter valued at $101,000. As of the end of the quarter Chartwell Investment Partners, LLC had disposed of 94,000 shares trimming its stake by 12.9%. The company's quarterly revenue was up 3.9% compared to the same quarter previous year. Logan Capital Management Inc. raised its stake in Koninklijke Philips 10.7% in the second quarter. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued. "Analysts" was posted by StockNewsTimes and is the property of of StockNewsTimes. Capital Fund Management S.A. now owns 63,273 shares of the technology company's stock valued at $2,266,000 after buying an additional 46,173 shares during the period. The value of the investment in PHG went from $11,665,000 to $8,866,000 decreasing 24.0% quarter to quarter.

A few notable investment firms have updated their holdings.

Short traders are more bullish on Koninklijke Philips N.V. NY Reg recently if you pay attention to the fall in short interest. While the stock price moved along with the volume change, shares are touching $41.22. The firm has a market capitalization of $26.81 billion, a P/E ratio of 17.488 and a beta of 1.39.

Koninklijke Philips N.V. NY Reg now has a P/E ratio of 22.4731 and the market cap is 38.79B. Stockholders of record on Tuesday, May 16th will be paid a $0.8634 dividend. Northwestern Mutual Wealth Management Co. grew its position in Koninklijke Philips 7.5% during the second quarter. The ex-dividend date was Friday the 12th of May 2017. This dividend amount represented a yeild of $2.21.

Several brokerages recently issued reports on PHG. Zacks Investment Research lowered shares of Koninklijke Philips N.V. from a "hold" rating to a "strong sell" rating in a report on Tuesday, December 27th. Citigroup Inc. assumed coverage on shares of Koninklijke Philips a report on Wednesday, November 23rd. Franklin Resources Inc. now owns 15,146 shares of the technology company's stock valued at $543,000 after buying an additional 2,177 shares during the period. Deutsche Bank AG set a €34.00 ($40.48) target price on shares of Koninklijke Philips NV and gave the stock a "neutral" rating in a research report on Tuesday, June 20th. They set a "hold" rating for the company. (The) set a €38.00 ($45.24) target price on shares of Koninklijke Philips NV and gave the stock a "buy" rating in a research report on Thursday, June 29th. Finally, J P Morgan Chase & Co reiterated a "buy" rating on shares of Koninklijke Philips a research report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company's stock. Koninklijke Philips NV now has a consensus rating of "Buy" and an average price target of €33.64 ($40.04).

Koninklijke Philips N.V. (NYSE:PHG)'s market cap, the total dollar value of all of their outstanding shares, is 37488.07m. The Company operates through three segments: Healthcare, Consumer Lifestyle and Lighting.

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