Lester Murray Antman dba SimplyRich Has $560,000 Stock Position in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Lester Murray Antman dba SimplyRich increased its holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,896 shares of the utilities provider’s stock after acquiring an additional 800 shares during the period. Lester Murray Antman dba SimplyRich’s holdings in Chunghwa Telecom were worth $560,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP increased its holdings in shares of Chunghwa Telecom by 40.5% in the 3rd quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 265 shares during the period. GAMMA Investing LLC grew its position in Chunghwa Telecom by 71.4% during the fourth quarter. GAMMA Investing LLC now owns 3,085 shares of the utilities provider’s stock valued at $116,000 after purchasing an additional 1,285 shares in the last quarter. R Squared Ltd acquired a new position in Chunghwa Telecom in the 4th quarter valued at approximately $127,000. BSW Wealth Partners purchased a new stake in Chunghwa Telecom in the 3rd quarter worth approximately $208,000. Finally, Simon Quick Advisors LLC acquired a new stake in shares of Chunghwa Telecom during the 4th quarter valued at $208,000. 2.11% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Chunghwa Telecom Stock Up 0.0 %

CHT opened at $38.52 on Wednesday. The company has a market capitalization of $29.88 billion, a PE ratio of 25.85, a price-to-earnings-growth ratio of 21.25 and a beta of 0.20. 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 fifty-two week low of $35.92 and a fifty-two week high of $40.62. The business has a 50-day moving average of $38.05 and a 200-day moving average of $38.20.

Chunghwa Telecom (NYSE:CHT) last released 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%. Equities research analysts forecast that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current fiscal year.

Chunghwa Telecom Company 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.