Chunghwa Telecom Co., Ltd. (NYSE:CHT) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. boosted its position in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 15.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 255,122 shares of the utilities provider’s stock after purchasing an additional 33,831 shares during the quarter. American Century Companies Inc.’s holdings in Chunghwa Telecom were worth $9,605,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ieq Capital LLC raised its holdings in shares of Chunghwa Telecom by 5.7% during the fourth quarter. Ieq Capital LLC now owns 5,621 shares of the utilities provider’s stock valued at $212,000 after buying an additional 301 shares during the last quarter. Sivia Capital Partners LLC boosted its position in Chunghwa Telecom by 4.2% during the 4th quarter. Sivia Capital Partners LLC now owns 9,785 shares of the utilities provider’s stock worth $368,000 after acquiring an additional 391 shares during the period. First Affirmative Financial Network grew its stake 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 purchasing an additional 655 shares in the last quarter. Lester Murray Antman dba SimplyRich raised its stake in shares of Chunghwa Telecom by 5.7% during 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 in the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in Chunghwa Telecom by 31.0% in the fourth quarter. V Square Quantitative Management LLC now owns 4,065 shares of the utilities provider’s stock worth $153,000 after purchasing an additional 961 shares during the period. 2.11% of the stock is owned by institutional investors and hedge funds.

Chunghwa Telecom Stock Performance

NYSE:CHT opened at $39.35 on Thursday. 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 company has a 50-day moving average of $38.92 and a 200-day moving average of $38.42. Chunghwa Telecom Co., Ltd. has a twelve month low of $35.92 and a twelve month high of $40.62. The firm has a market cap of $30.53 billion, a price-to-earnings ratio of 26.41, a price-to-earnings-growth ratio of 21.42 and a beta of 0.19.

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 return on equity of 9.53% and a net margin of 16.18%. Analysts forecast that Chunghwa Telecom Co., Ltd. will post 1.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.