Mondrian Investment Partners LTD Buys 119,143 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Mondrian Investment Partners LTD raised its holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 101.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 236,641 shares of the utilities provider's stock after purchasing an additional 119,143 shares during the quarter. Mondrian Investment Partners LTD's holdings in Chunghwa Telecom were worth $9,191,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. OneDigital Investment Advisors LLC boosted its stake in Chunghwa Telecom by 6.2% in the third quarter. OneDigital Investment Advisors LLC now owns 7,964 shares of the utilities provider's stock valued at $316,000 after buying an additional 468 shares in the last quarter. Natixis Advisors LLC lifted its holdings in shares of Chunghwa Telecom by 17.1% in the third quarter. Natixis Advisors LLC now owns 35,416 shares of the utilities provider's stock worth $1,405,000 after acquiring an additional 5,184 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Chunghwa Telecom by 39.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 21,554 shares of the utilities provider's stock valued at $855,000 after purchasing an additional 6,120 shares in the last quarter. West Family Investments Inc. grew its holdings in shares of Chunghwa Telecom by 7.2% during the 3rd quarter. West Family Investments Inc. now owns 40,453 shares of the utilities provider's stock valued at $1,605,000 after purchasing an additional 2,705 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Chunghwa Telecom by 120.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 915,853 shares of the utilities provider's stock valued at $36,332,000 after purchasing an additional 500,475 shares during the last quarter. Institutional investors own 2.11% of the company's stock.

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Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Chunghwa Telecom from a "hold" rating to a "buy" rating in a research note on Monday.

Chunghwa Telecom Trading Down 0.3 %

Chunghwa Telecom stock traded down $0.13 during trading hours on Tuesday, hitting $39.18. The stock had a trading volume of 113,659 shares, compared to its average volume of 91,219. The stock has a market cap of $30.39 billion, a price-to-earnings ratio of 26.29, a P/E/G 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. The business's 50 day simple moving average is $38.51 and its 200-day simple moving average is $38.39. Chunghwa Telecom Co., Ltd. has a one year low of $35.92 and a one year high of $40.62.

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