Chunghwa Telecom Co., Ltd. (NYSE:CHT) Holdings Lifted by West Family Investments Inc.

West Family Investments Inc. grew its stake in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 7.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 40,453 shares of the utilities provider’s stock after acquiring an additional 2,705 shares during the period. West Family Investments Inc.’s holdings in Chunghwa Telecom were worth $1,605,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CHT. Thrivent Financial for Lutherans increased its holdings in shares of Chunghwa Telecom by 39.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 21,554 shares of the utilities provider’s stock valued at $855,000 after acquiring an additional 6,120 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of Chunghwa Telecom by 17.1% in the 3rd quarter. Natixis Advisors LLC now owns 35,416 shares of the utilities provider’s stock worth $1,405,000 after buying an additional 5,184 shares in the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of Chunghwa Telecom by 6.2% during the third quarter. OneDigital Investment Advisors LLC now owns 7,964 shares of the utilities provider’s stock valued at $316,000 after acquiring an additional 468 shares during the period. Crossmark Global Holdings Inc. lifted its holdings in Chunghwa Telecom by 12.9% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 101,894 shares of the utilities provider’s stock valued at $4,042,000 after purchasing an additional 11,663 shares during the last quarter. Finally, BSW Wealth Partners acquired a new position in shares of Chunghwa Telecom in the 3rd quarter worth approximately $208,000. Hedge funds and other institutional investors own 2.11% of the company’s stock.

Wall Street Analysts Forecast Growth

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 Stock Up 0.7 %

Shares of NYSE CHT opened at $37.85 on Tuesday. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $29.36 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 18.15 and a beta of 0.19. The firm’s 50-day moving average is $38.48 and its 200-day moving average is $38.32. Chunghwa Telecom Co., Ltd. has a 1 year low of $35.92 and a 1 year high of $40.62.

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.