O Shaughnessy Asset Management LLC Boosts Stock Holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

O Shaughnessy Asset Management LLC grew its stake in Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 12.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,015 shares of the utilities provider's stock after purchasing an additional 10,775 shares during the period. O Shaughnessy Asset Management LLC's holdings in Chunghwa Telecom were worth $3,766,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. raised its position in Chunghwa Telecom by 6.0% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 970,763 shares of the utilities provider's stock worth $36,549,000 after buying an additional 54,910 shares during the last quarter. Schroder Investment Management Group raised its position in Chunghwa Telecom by 2.3% during the fourth quarter. Schroder Investment Management Group now owns 650,358 shares of the utilities provider's stock worth $24,662,000 after acquiring an additional 14,911 shares during the last quarter. Rhumbline Advisers lifted 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 buying an additional 3,393 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Chunghwa Telecom by 15.3% during the fourth quarter. American Century Companies Inc. now owns 255,122 shares of the utilities provider's stock valued at $9,605,000 after acquiring an additional 33,831 shares during the last quarter. Finally, Mondrian Investment Partners LTD raised its stake 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 purchasing an additional 119,143 shares during the last quarter. 2.11% of the stock is owned by institutional investors and hedge funds.

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Chunghwa Telecom Trading Down 2.7 %

CHT stock traded down $1.04 during midday trading on Monday, hitting $37.76. The stock had a trading volume of 175,958 shares, compared to its average volume of 95,031. The company's 50-day moving average price is $38.90 and its 200 day moving average price is $38.41. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.47 and a quick ratio of 1.29. The firm has a market cap of $29.29 billion, a PE ratio of 25.34, a price-to-earnings-growth ratio of 21.42 and a beta of 0.22. Chunghwa Telecom Co., Ltd. has a 12-month low of $35.92 and a 12-month 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 EPS 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 predict that Chunghwa Telecom Co., Ltd. will post 1.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Chunghwa Telecom from a "hold" rating to a "buy" rating in a report 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.