Signaturefd LLC increased its position in Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 28.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,437 shares of the utilities provider's stock after purchasing an additional 7,427 shares during the period. Signaturefd LLC's holdings in Chunghwa Telecom were worth $1,259,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of CHT. Sierra Ocean LLC purchased a new stake in shares of Chunghwa Telecom during the 4th quarter valued at about $54,000. GAMMA Investing LLC increased its position in shares of Chunghwa Telecom by 71.4% during the 4th quarter. GAMMA Investing LLC now owns 3,085 shares of the utilities provider's stock valued at $116,000 after purchasing an additional 1,285 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Chunghwa Telecom during the 4th quarter valued at about $127,000. V Square Quantitative Management LLC increased its position in shares of Chunghwa Telecom by 31.0% during the 4th quarter. V Square Quantitative Management LLC now owns 4,065 shares of the utilities provider's stock valued at $153,000 after purchasing an additional 961 shares during the last quarter. Finally, Lindbrook Capital LLC increased its position in shares of Chunghwa Telecom by 35.6% during the 4th quarter. Lindbrook Capital LLC now owns 5,257 shares of the utilities provider's stock valued at $198,000 after purchasing an additional 1,379 shares during the last quarter. Institutional investors own 2.11% of the company's stock.
Chunghwa Telecom Stock Performance
Chunghwa Telecom stock traded up $0.19 during midday trading on Friday, hitting $39.20. The stock had a trading volume of 96,067 shares, compared to its average volume of 91,922. The firm's fifty day moving average is $38.66 and its two-hundred day moving average is $38.41. The company has a market capitalization of $30.41 billion, a PE ratio of 26.31, a P/E/G ratio of 21.42 and a beta of 0.19. Chunghwa Telecom Co., Ltd. has a 52-week low of $35.92 and a 52-week high of $40.62. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06.
Chunghwa Telecom (NYSE:CHT - Get Free Report) last released its earnings results 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, research analysts forecast that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Chunghwa Telecom from a "hold" rating to a "buy" rating in a research report on Monday, March 17th.
View Our Latest Research Report on Chunghwa Telecom
Chunghwa Telecom Company Profile
(
Free Report)
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.
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