Sei Investments Co. Acquires 3,636 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Sei Investments Co. raised its holdings in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 8.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 44,432 shares of the utilities provider’s stock after purchasing an additional 3,636 shares during the quarter. Sei Investments Co.’s holdings in Chunghwa Telecom were worth $1,716,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of CHT. O Shaughnessy Asset Management LLC lifted its position in Chunghwa Telecom by 27.7% during the first quarter. O Shaughnessy Asset Management LLC now owns 105,189 shares of the utilities provider’s stock valued at $4,117,000 after purchasing an additional 22,835 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in Chunghwa Telecom by 31.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 86,453 shares of the utilities provider’s stock valued at $3,338,000 after purchasing an additional 20,846 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of 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 period. Catalina Capital Group LLC purchased a new stake in shares of Chunghwa Telecom in the first quarter valued at $520,000. Finally, Blue Trust Inc. raised its stake in shares of Chunghwa Telecom by 115.0% in the second quarter. Blue Trust Inc. now owns 19,623 shares of the utilities provider’s stock valued at $768,000 after acquiring an additional 10,495 shares during the period. Institutional investors own 2.11% of the company’s stock.

Wall Street Analyst Weigh In

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

Chunghwa Telecom Trading Up 0.4 %

Shares of CHT opened at $38.84 on Friday. Chunghwa Telecom Co., Ltd. has a twelve month low of $35.44 and a twelve month high of $40.62. The company has a market cap of $30.13 billion, a P/E ratio of 25.89, a P/E/G ratio of 18.91 and a beta of 0.19. The company has a current ratio of 1.28, a quick ratio of 1.16 and a debt-to-equity ratio of 0.08. The company’s fifty day simple moving average is $38.56 and its 200-day simple moving average is $38.46.

Chunghwa Telecom (NYSE:CHT) last announced its earnings results on Tuesday, August 6th. The utilities provider reported $0.39 earnings per share for the quarter. The business had revenue of $1.67 billion for the quarter. Chunghwa Telecom had a net margin of 16.27% and a return on equity of 9.27%. As a group, analysts expect that Chunghwa Telecom Co., Ltd. will post 1.49 EPS 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.