Chunghwa Telecom Co., Ltd. (NYSE:CHT) Shares Acquired by Rhumbline Advisers

Rhumbline Advisers increased its position in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 255,514 shares of the utilities provider’s stock after acquiring an additional 3,393 shares during the quarter. Rhumbline Advisers’ holdings in Chunghwa Telecom were worth $9,620,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP lifted 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 increased its stake in shares of Chunghwa Telecom by 4.2% during the 4th quarter. Sivia Capital Partners LLC now owns 9,785 shares of the utilities provider’s stock valued at $368,000 after acquiring an additional 391 shares during the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of Chunghwa Telecom by 6.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,964 shares of the utilities provider’s stock worth $316,000 after acquiring an additional 468 shares during the period. First Affirmative Financial Network boosted 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 worth $1,173,000 after acquiring an additional 655 shares during the last quarter. Finally, Lester Murray Antman dba SimplyRich grew its holdings in 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 period. 2.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Chunghwa Telecom Price Performance

Shares of Chunghwa Telecom stock opened at $39.21 on Tuesday. The business’s fifty day moving average price is $38.14 and its 200 day moving average price is $38.32. Chunghwa Telecom Co., Ltd. has a twelve month low of $35.92 and a twelve month high of $40.62. 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 stock has a market capitalization of $30.41 billion, a P/E ratio of 26.31, a PEG ratio of 21.42 and a beta of 0.20.

Chunghwa Telecom (NYSE:CHT) last released its quarterly earnings data on Thursday, January 23rd. The utilities provider reported $0.36 earnings per share for the quarter. Chunghwa Telecom had a return on equity of 9.53% and a net margin of 16.18%. As a group, research analysts anticipate that Chunghwa Telecom Co., Ltd. will post 1.44 earnings per share for the current year.

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.