Natixis Advisors LLC Buys 6,826 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Natixis Advisors LLC grew its position in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 19.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,242 shares of the utilities provider’s stock after buying an additional 6,826 shares during the quarter. Natixis Advisors LLC’s holdings in Chunghwa Telecom were worth $1,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sierra Ocean LLC bought a new position in Chunghwa Telecom in the fourth quarter valued at about $54,000. GAMMA Investing LLC lifted its stake in shares of Chunghwa Telecom by 71.4% in the 4th quarter. GAMMA Investing LLC now owns 3,085 shares of the utilities provider’s stock worth $116,000 after purchasing an additional 1,285 shares during the period. R Squared Ltd purchased a new position in shares of Chunghwa Telecom in the fourth quarter worth approximately $127,000. V Square Quantitative Management LLC grew its position in Chunghwa Telecom by 31.0% during the fourth quarter. V Square Quantitative Management LLC now owns 4,065 shares of the utilities provider’s stock valued at $153,000 after buying an additional 961 shares during the period. Finally, Lindbrook Capital LLC increased its holdings in Chunghwa Telecom by 35.6% during the fourth quarter. Lindbrook Capital LLC now owns 5,257 shares of the utilities provider’s stock valued at $198,000 after buying an additional 1,379 shares during the last quarter. 2.11% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Chunghwa Telecom from a “hold” rating to a “buy” rating in a research report on Monday, March 17th.

Chunghwa Telecom Stock Down 0.3 %

NYSE CHT opened at $39.03 on Tuesday. The stock’s 50-day moving average price is $38.70 and its 200-day moving average price is $38.40. The company has a market capitalization of $30.28 billion, a P/E ratio of 26.19, a price-to-earnings-growth ratio of 21.42 and a beta of 0.19. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 0.06. Chunghwa Telecom Co., Ltd. has a 52 week low of $35.92 and a 52 week high of $40.62.

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

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.