Renaissance Technologies LLC decreased its holdings in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,959,956 shares of the utilities provider's stock after selling 118,700 shares during the quarter. Renaissance Technologies LLC owned approximately 0.38% of Chunghwa Telecom worth $111,442,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Sierra Ocean LLC bought a new position in Chunghwa Telecom in the 4th quarter worth about $54,000. GAMMA Investing LLC raised its stake in 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 acquiring an additional 1,285 shares in the last quarter. R Squared Ltd acquired a new position in Chunghwa Telecom during the 4th quarter worth $127,000. V Square Quantitative Management LLC grew its stake in shares of Chunghwa Telecom by 31.0% in the fourth quarter. V Square Quantitative Management LLC now owns 4,065 shares of the utilities provider's stock worth $153,000 after purchasing an additional 961 shares in the last quarter. Finally, Lindbrook Capital LLC increased its holdings in shares of Chunghwa Telecom by 35.6% during the fourth 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 period. Institutional investors own 2.11% of the company's stock.
Chunghwa Telecom Price Performance
CHT traded down $0.56 during trading on Monday, reaching $39.73. The stock had a trading volume of 63,654 shares, compared to its average volume of 117,240. Chunghwa Telecom Co., Ltd. has a 1-year low of $35.92 and a 1-year high of $40.62. 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 stock has a 50 day moving average of $38.91 and a two-hundred day moving average of $38.37. The firm has a market capitalization of $30.82 billion, a price-to-earnings ratio of 26.66, a price-to-earnings-growth ratio of 21.42 and a beta of 0.22.
Chunghwa Telecom (NYSE:CHT - Get Free Report) last released its earnings results on Thursday, January 23rd. The utilities provider reported $0.36 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.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of Chunghwa Telecom from a "hold" rating to a "buy" rating in a research note on Monday, March 17th.
View Our Latest Stock Report on Chunghwa Telecom
About Chunghwa Telecom
(
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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