Chunghwa Telecom Co., Ltd. (NYSE:CHT) Shares Purchased by Lester Murray Antman dba SimplyRich

Lester Murray Antman dba SimplyRich grew its stake in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,896 shares of the utilities provider’s stock after buying an additional 800 shares during the quarter. Lester Murray Antman dba SimplyRich’s holdings in Chunghwa Telecom were worth $560,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Allworth Financial LP raised its position in Chunghwa Telecom by 40.5% in the third quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 265 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Chunghwa Telecom by 71.4% in the 4th quarter. GAMMA Investing LLC now owns 3,085 shares of the utilities provider’s stock worth $116,000 after purchasing an additional 1,285 shares in the last quarter. R Squared Ltd bought a new stake in shares of Chunghwa Telecom in the 4th quarter worth approximately $127,000. BSW Wealth Partners acquired a new stake in Chunghwa Telecom during the third quarter valued at approximately $208,000. Finally, Simon Quick Advisors LLC bought a new stake in Chunghwa Telecom during the fourth quarter worth approximately $208,000. 2.11% of the stock is owned by institutional investors and hedge funds.

Chunghwa Telecom Trading Up 0.0 %

Shares of NYSE CHT opened at $38.52 on Wednesday. The business has a fifty day simple moving average of $38.05 and a 200-day simple moving average of $38.20. The company has a market cap of $29.88 billion, a price-to-earnings ratio of 25.85, a P/E/G ratio of 21.25 and a beta of 0.20. Chunghwa Telecom Co., Ltd. has a 12 month low of $35.92 and a 12 month 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.

Chunghwa Telecom (NYSE:CHT) last posted its quarterly earnings data 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%. Sell-side analysts predict that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Chunghwa Telecom from a “hold” rating to a “buy” rating in a report on Friday, January 24th.

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.