Blue Trust Inc. Purchases 13,195 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Blue Trust Inc. boosted its stake in Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 35.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,088 shares of the utilities provider's stock after acquiring an additional 13,195 shares during the quarter. Blue Trust Inc.'s holdings in Chunghwa Telecom were worth $1,987,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its stake in Chunghwa Telecom by 4.2% in the 2nd 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 in the last quarter. Sei Investments Co. boosted its holdings in Chunghwa Telecom by 8.9% during the second quarter. Sei Investments Co. now owns 44,432 shares of the utilities provider's stock worth $1,716,000 after purchasing an additional 3,636 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in Chunghwa Telecom by 117.6% during the second quarter. Thrivent Financial for Lutherans now owns 15,434 shares of the utilities provider's stock worth $596,000 after purchasing an additional 8,341 shares during the last quarter. Bank of Montreal Can grew its position in Chunghwa Telecom by 178.8% in the second quarter. Bank of Montreal Can now owns 103,593 shares of the utilities provider's stock valued at $4,074,000 after purchasing an additional 66,441 shares in the last quarter. Finally, Creative Planning increased its stake in Chunghwa Telecom by 32.7% in the 2nd quarter. Creative Planning now owns 123,493 shares of the utilities provider's stock valued at $4,768,000 after buying an additional 30,410 shares during the last quarter. 2.11% of the stock is owned by institutional investors and hedge funds.

Chunghwa Telecom Stock Performance

NYSE:CHT traded up $0.05 during mid-day trading on Friday, hitting $38.89. The stock had a trading volume of 84,365 shares, compared to its average volume of 98,448. The company's 50 day simple moving average is $38.01 and its 200 day simple moving average is $38.08. The stock has a market cap of $30.17 billion, a price-to-earnings ratio of 26.10, a PEG ratio of 21.48 and a beta of 0.20. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.29 and a current ratio of 1.47. Chunghwa Telecom Co., Ltd. has a twelve month low of $35.92 and a twelve month high of $40.62.

Chunghwa Telecom (NYSE:CHT - Get Free Report) last released 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 forecast that Chunghwa Telecom Co., Ltd. will post 1.44 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised Chunghwa Telecom from a "hold" rating to a "buy" rating in a report on Friday, January 24th.

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.