Highland Capital Management LLC held its stake in Koninklijke Philips NV (NYSE:PHG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,705 shares of the company’s stock at the end of the third quarter. Highland Capital Management LLC’s holdings in Koninklijke Philips NV were worth $2,447,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PHG. Hotchkis & Wiley Capital Management LLC raised its stake in Koninklijke Philips NV by 12.5% in the second quarter. Hotchkis & Wiley Capital Management LLC now owns 9,574,104 shares of the company’s stock worth $238,778,000 after buying an additional 1,067,118 shares in the last quarter. Cambiar Investors LLC raised its stake in Koninklijke Philips NV by 6.6% in the second quarter. Cambiar Investors LLC now owns 4,163,464 shares of the company’s stock worth $103,837,000 after buying an additional 258,321 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Koninklijke Philips NV by 3.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,953,829 shares of the company’s stock worth $48,728,000 after buying an additional 59,794 shares in the last quarter. Thornburg Investment Management Inc. raised its stake in Koninklijke Philips NV by 60.2% in the second quarter. Thornburg Investment Management Inc. now owns 954,907 shares of the company’s stock worth $23,815,000 after buying an additional 358,988 shares in the last quarter. Finally, Mizuho Trust & Banking Co. Ltd. raised its stake in Koninklijke Philips NV by 2.8% in the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 814,274 shares of the company’s stock worth $20,308,000 after buying an additional 22,073 shares in the last quarter. Institutional investors own 6.69% of the company’s stock.

Institutional Ownership by Quarter for Koninklijke Philips NV (NYSE:PHG)

Shares of Koninklijke Philips NV (NYSE:PHG) traded down 2.22% during midday trading on Monday, hitting $28.65. 1,278,829 shares of the stock traded hands. The company’s 50-day moving average is $29.33 and its 200 day moving average is $27.69. The firm has a market capitalization of $26.48 billion, a PE ratio of 32.41 and a beta of 1.38. Koninklijke Philips NV has a 52 week low of $23.00 and a 52 week high of $30.61.

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Several equities research analysts have commented on the stock. Zacks Investment Research upgraded shares of Koninklijke Philips NV from a “sell” rating to a “hold” rating in a research note on Thursday, November 10th. TheStreet upgraded shares of Koninklijke Philips NV from a “hold” rating to a “buy” rating in a research note on Wednesday, August 24th. HSBC upgraded shares of Koninklijke Philips NV from a “hold” rating to a “buy” rating in a research note on Wednesday, October 26th. Credit Suisse Group AG reiterated a “buy” rating and issued a $30.00 price objective on shares of Koninklijke Philips NV in a research note on Monday, October 24th. Finally, Citigroup Inc. assumed coverage on shares of Koninklijke Philips NV in a research note on Wednesday, November 23rd. They issued a “buy” rating for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company. Koninklijke Philips NV currently has an average rating of “Buy” and a consensus target price of $31.00.

Koninklijke Philips NV Company Profile

Koninklijke Philips N.V. is a health and well-being company. The Company operates through three segments: Healthcare, Consumer Lifestyle and Lighting. Its Healthcare segment consists of imaging systems, healthcare informatics, services and solutions, patient care and monitoring solutions, and customer services.

5 Day Chart for NYSE:PHG

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