Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 134,331 shares traded hands during mid-day trading, an increase of 46% from the previous session's volume of 91,859 shares.The stock last traded at $38.91 and had previously closed at $38.82.
Analyst Ratings Changes
Separately, StockNews.com upgraded Chunghwa Telecom from a "hold" rating to a "buy" rating in a research note on Monday, March 17th.
Check Out Our Latest Report on Chunghwa Telecom
Chunghwa Telecom Price Performance
The firm has a market cap of $30.30 billion, a P/E ratio of 26.21, a price-to-earnings-growth ratio of 21.42 and a beta of 0.19. The stock's 50-day moving average is $38.66 and its 200-day moving average is $38.40. 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 (NYSE:CHT - Get Free Report) last posted 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%. As a group, equities analysts anticipate that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current fiscal year.
Institutional Trading of Chunghwa Telecom
A number of hedge funds have recently modified their holdings of CHT. Natixis Advisors LLC raised its stake 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 valued at $1,405,000 after purchasing an additional 5,184 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in 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 buying an additional 6,120 shares during the period. Cerity Partners LLC raised its stake in shares of Chunghwa Telecom by 30.0% in the 3rd quarter. Cerity Partners LLC now owns 20,794 shares of the utilities provider's stock valued at $825,000 after buying an additional 4,801 shares in the last quarter. Townsquare Capital LLC lifted its holdings in shares of Chunghwa Telecom by 72.1% during the 3rd quarter. Townsquare Capital LLC now owns 10,830 shares of the utilities provider's stock worth $430,000 after acquiring an additional 4,537 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Chunghwa Telecom during the 3rd quarter valued at about $4,095,000. Institutional investors own 2.11% of the company's stock.
Chunghwa Telecom Company Profile
(
Get 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.
Further Reading
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