Chunghwa Telecom Co., Ltd. (NYSE:CHT) Shares Bought by V Square Quantitative Management LLC

V Square Quantitative Management LLC boosted its stake in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 31.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,065 shares of the utilities provider’s stock after buying an additional 961 shares during the quarter. V Square Quantitative Management LLC’s holdings in Chunghwa Telecom were worth $153,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Allworth Financial LP grew its position in Chunghwa Telecom by 40.5% during the third quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock worth $36,000 after buying an additional 265 shares during the period. Sivia Capital Partners LLC grew its position in shares of Chunghwa Telecom by 4.2% in the fourth quarter. Sivia Capital Partners LLC now owns 9,785 shares of the utilities provider’s stock valued at $368,000 after purchasing an additional 391 shares during the last quarter. OneDigital Investment Advisors LLC grew its position in shares of Chunghwa Telecom by 6.2% in the third quarter. OneDigital Investment Advisors LLC now owns 7,964 shares of the utilities provider’s stock valued at $316,000 after purchasing an additional 468 shares during the last quarter. First Affirmative Financial Network grew its position in shares of Chunghwa Telecom by 2.1% in the fourth quarter. First Affirmative Financial Network now owns 31,156 shares of the utilities provider’s stock valued at $1,173,000 after purchasing an additional 655 shares during the last quarter. Finally, Lester Murray Antman dba SimplyRich grew its position in shares of Chunghwa Telecom by 5.7% in the fourth quarter. Lester Murray Antman dba SimplyRich now owns 14,896 shares of the utilities provider’s stock valued at $560,000 after purchasing an additional 800 shares during the last quarter. 2.11% of the stock is currently owned by institutional investors and hedge funds.

Chunghwa Telecom Stock Performance

Shares of CHT opened at $38.52 on Tuesday. 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 company has a market capitalization of $29.88 billion, a price-to-earnings ratio of 25.86, a PEG ratio of 21.25 and a beta of 0.20. The company’s 50 day simple moving average is $38.07 and its 200 day simple moving average is $38.25. Chunghwa Telecom Co., Ltd. has a 1 year low of $35.92 and a 1 year high of $40.62.

Chunghwa Telecom (NYSE:CHT) last announced its quarterly earnings data on Thursday, January 23rd. The utilities provider reported $0.36 earnings per share (EPS) for the quarter. Chunghwa Telecom had a net margin of 16.18% and a return on equity of 9.53%. On average, sell-side analysts predict that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Chunghwa Telecom from a “hold” rating to a “buy” rating in a research report on Friday, January 24th.

About Chunghwa Telecom

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.