Natixis Advisors LLC Boosts Stock Holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Natixis Advisors LLC lifted its stake in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 17.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,416 shares of the utilities provider’s stock after purchasing an additional 5,184 shares during the period. Natixis Advisors LLC’s holdings in Chunghwa Telecom were worth $1,405,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allworth Financial LP increased its holdings in Chunghwa Telecom by 40.5% in the third quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock valued at $36,000 after buying an additional 265 shares during the last quarter. GAMMA Investing LLC boosted its stake in Chunghwa Telecom by 14.2% in the second quarter. GAMMA Investing LLC now owns 2,543 shares of the utilities provider’s stock valued at $98,000 after acquiring an additional 317 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Chunghwa Telecom during the second quarter worth about $120,000. EverSource Wealth Advisors LLC increased its position in shares of Chunghwa Telecom by 80.1% during the first quarter. EverSource Wealth Advisors LLC now owns 3,345 shares of the utilities provider’s stock worth $126,000 after purchasing an additional 1,488 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of Chunghwa Telecom by 31.8% in the 2nd quarter. CWM LLC now owns 3,443 shares of the utilities provider’s stock valued at $133,000 after purchasing an additional 830 shares during the last quarter. 2.11% of the stock is owned by institutional investors and hedge funds.

Chunghwa Telecom Trading Down 0.2 %

NYSE CHT opened at $38.36 on Wednesday. The firm’s fifty day moving average is $38.36 and its two-hundred day moving average is $38.30. Chunghwa Telecom Co., Ltd. has a one year low of $35.92 and a one year high of $40.62. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.29 and a current ratio of 1.47. The firm has a market cap of $29.76 billion, a PE ratio of 26.27, a P/E/G ratio of 18.35 and a beta of 0.19.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. downgraded Chunghwa Telecom from an “overweight” rating to a “neutral” rating in a report on Tuesday, August 6th.

Chunghwa Telecom Company Profile

Chunghwa Telecom Co, Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Consumer Business, Enterprise Business, International Business, and Others segments. The company offers local, domestic long distance, and international long distance fixed-line telephone services; mobile services such as prepaid and postpaid plans; broadband plans; and internet and data services.