Chunghwa Telecom Co., Ltd. (NYSE:CHT) Stock Holdings Boosted by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 120.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 915,853 shares of the utilities provider's stock after purchasing an additional 500,475 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.12% of Chunghwa Telecom worth $36,332,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CHT. Bank of Montreal Can lifted its position in Chunghwa Telecom by 178.8% in the 2nd quarter. Bank of Montreal Can now owns 103,593 shares of the utilities provider's stock valued at $4,074,000 after acquiring an additional 66,441 shares in the last quarter. Creative Planning grew its position 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 acquiring an additional 30,410 shares during the last quarter. O Shaughnessy Asset Management LLC increased its stake in Chunghwa Telecom by 27.7% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 105,189 shares of the utilities provider's stock worth $4,117,000 after buying an additional 22,835 shares during the period. Vanguard Personalized Indexing Management LLC increased its position in Chunghwa Telecom by 31.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 86,453 shares of the utilities provider's stock valued at $3,338,000 after purchasing an additional 20,846 shares during the period. Finally, Blue Trust Inc. boosted its holdings in shares of Chunghwa Telecom by 88.0% in the 3rd quarter. Blue Trust Inc. now owns 36,893 shares of the utilities provider's stock valued at $1,424,000 after buying an additional 17,270 shares in the last quarter. Institutional investors own 2.11% of the company's stock.

Chunghwa Telecom Stock Down 0.8 %

Chunghwa Telecom stock traded down $0.30 during mid-day trading on Wednesday, hitting $37.74. The company had a trading volume of 154,561 shares, compared to its average volume of 86,170. The stock has a market cap of $29.28 billion, a price-to-earnings ratio of 26.05, a PEG ratio of 18.28 and a beta of 0.19. Chunghwa Telecom Co., Ltd. has a 1 year low of $35.92 and a 1 year high of $40.62. The business has a fifty day moving average of $38.46 and a 200 day moving average of $38.31. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 0.06.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lowered shares of Chunghwa Telecom from an "overweight" rating to a "neutral" rating in a report on Tuesday, August 6th.

Chunghwa Telecom 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.