Geode Capital Management LLC Sells 5,929 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Geode Capital Management LLC lowered its position in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 43.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,688 shares of the utilities provider’s stock after selling 5,929 shares during the quarter. Geode Capital Management LLC’s holdings in Chunghwa Telecom were worth $305,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Chunghwa Telecom by 120.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 915,853 shares of the utilities provider’s stock valued at $36,332,000 after acquiring an additional 500,475 shares during the period. Dimensional Fund Advisors LP increased its stake in Chunghwa Telecom by 4.2% in the second quarter. Dimensional Fund Advisors LP now owns 407,062 shares of the utilities provider’s stock valued at $15,710,000 after acquiring an additional 16,428 shares during the last quarter. American Century Companies Inc. increased its stake in Chunghwa Telecom by 5.9% in the second quarter. American Century Companies Inc. now owns 179,356 shares of the utilities provider’s stock valued at $6,925,000 after acquiring an additional 9,968 shares during the last quarter. Creative Planning boosted its position in Chunghwa Telecom by 1.1% during the third quarter. Creative Planning now owns 124,913 shares of the utilities provider’s stock valued at $4,955,000 after buying an additional 1,420 shares during the period. Finally, Bank of Montreal Can boosted its holdings in shares of Chunghwa Telecom by 178.8% during the second quarter. Bank of Montreal Can now owns 103,593 shares of the utilities provider’s stock worth $4,074,000 after purchasing an additional 66,441 shares during the period. Institutional investors own 2.11% of the company’s stock.

Chunghwa Telecom Stock Performance

Chunghwa Telecom stock opened at $37.07 on Tuesday. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06. The firm has a 50-day moving average of $37.90 and a 200-day moving average of $37.99. The firm has a market cap of $28.76 billion, a P/E ratio of 25.39, a P/E/G ratio of 18.43 and a beta of 0.20. Chunghwa Telecom Co., Ltd. has a 1-year low of $35.92 and a 1-year high of $40.62.

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.