Public Employees Retirement System of Ohio acquired a new position in Chunghwa Telecom Co., Ltd. (NYSE:CHT – Free Report) in the third quarter, HoldingsChannel.com reports. The firm acquired 103,231 shares of the utilities provider’s stock, valued at approximately $4,095,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Chunghwa Telecom by 120.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 915,853 shares of the utilities provider’s stock valued at $36,332,000 after acquiring an additional 500,475 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Chunghwa Telecom by 4.2% in the second quarter. Dimensional Fund Advisors LP now owns 407,062 shares of the utilities provider’s stock worth $15,710,000 after purchasing an additional 16,428 shares during the last quarter. American Century Companies Inc. grew its position in Chunghwa Telecom by 5.9% in the 2nd quarter. American Century Companies Inc. now owns 179,356 shares of the utilities provider’s stock worth $6,925,000 after purchasing an additional 9,968 shares during the period. Creative Planning raised its stake in Chunghwa Telecom by 1.1% during the 3rd quarter. Creative Planning now owns 124,913 shares of the utilities provider’s stock valued at $4,955,000 after buying an additional 1,420 shares during the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of Chunghwa Telecom by 178.8% during the 2nd quarter. Bank of Montreal Can now owns 103,593 shares of the utilities provider’s stock valued at $4,074,000 after buying an additional 66,441 shares during the period. 2.11% of the stock is owned by institutional investors.
Chunghwa Telecom Stock Performance
Shares of CHT opened at $38.17 on Monday. The firm has a market capitalization of $29.61 billion, a P/E ratio of 26.14, a PEG ratio of 18.43 and a beta of 0.19. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.47 and a quick ratio of 1.29. Chunghwa Telecom Co., Ltd. has a one year low of $35.92 and a one year high of $40.62. The business has a fifty day moving average of $38.04 and a 200 day moving average of $38.23.
About Chunghwa Telecom
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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