Corient Private Wealth LLC Acquires 10,487 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Corient Private Wealth LLC increased its stake in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 41.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 35,932 shares of the utilities provider's stock after buying an additional 10,487 shares during the period. Corient Private Wealth LLC's holdings in Chunghwa Telecom were worth $1,353,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Chunghwa Telecom by 6.0% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 970,763 shares of the utilities provider's stock worth $36,549,000 after acquiring an additional 54,910 shares during the period. Rhumbline Advisers boosted its stake in Chunghwa Telecom by 1.3% in the 4th quarter. Rhumbline Advisers now owns 255,514 shares of the utilities provider's stock valued at $9,620,000 after purchasing an additional 3,393 shares during the period. Mondrian Investment Partners LTD grew its holdings in Chunghwa Telecom by 101.4% in the 4th quarter. Mondrian Investment Partners LTD now owns 236,641 shares of the utilities provider's stock valued at $9,191,000 after buying an additional 119,143 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in Chunghwa Telecom during the 3rd quarter worth $4,095,000. Finally, Blue Trust Inc. lifted its holdings in shares of Chunghwa Telecom by 35.8% during the fourth quarter. Blue Trust Inc. now owns 50,088 shares of the utilities provider's stock worth $1,987,000 after buying an additional 13,195 shares in the last quarter. Institutional investors and hedge funds own 2.11% of the company's stock.

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Chunghwa Telecom Stock Performance

Shares of CHT traded down $0.21 during mid-day trading on Friday, hitting $39.25. 118,833 shares of the company's stock were exchanged, compared to its average volume of 92,721. 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 firm has a market cap of $30.45 billion, a price-to-earnings ratio of 26.34, a price-to-earnings-growth ratio of 21.42 and a beta of 0.19. The stock's 50-day simple moving average is $38.84 and its 200-day simple moving average is $38.42. Chunghwa Telecom Co., Ltd. has a 52 week low of $35.92 and a 52 week high of $40.62.

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

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Chunghwa Telecom from a "hold" rating to a "buy" rating in a research note on Monday, March 17th.

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.