Chunghwa Telecom Co., Ltd. (NYSE:CHT) Shares Acquired by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD grew its stake in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 101.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 236,641 shares of the utilities provider’s stock after purchasing an additional 119,143 shares during the quarter. Mondrian Investment Partners LTD’s holdings in Chunghwa Telecom were worth $9,191,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CHT. OneDigital Investment Advisors LLC grew its position in shares of Chunghwa Telecom by 6.2% in the third quarter. OneDigital Investment Advisors LLC now owns 7,964 shares of the utilities provider’s stock valued at $316,000 after purchasing an additional 468 shares during the period. Natixis Advisors LLC boosted its position in Chunghwa Telecom by 17.1% during the third quarter. Natixis Advisors LLC now owns 35,416 shares of the utilities provider’s stock worth $1,405,000 after acquiring an additional 5,184 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in Chunghwa Telecom by 39.7% during the third quarter. Thrivent Financial for Lutherans now owns 21,554 shares of the utilities provider’s stock worth $855,000 after acquiring an additional 6,120 shares during the last quarter. West Family Investments Inc. boosted its position in Chunghwa Telecom by 7.2% during the third quarter. West Family Investments Inc. now owns 40,453 shares of the utilities provider’s stock worth $1,605,000 after acquiring an additional 2,705 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in Chunghwa Telecom by 120.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 915,853 shares of the utilities provider’s stock worth $36,332,000 after acquiring an additional 500,475 shares during the last quarter. Institutional investors and hedge funds own 2.11% of the company’s stock.

Chunghwa Telecom Stock Performance

CHT opened at $39.17 on Friday. The firm has a market capitalization of $30.38 billion, a PE ratio of 26.29, a PEG ratio of 21.42 and a beta of 0.19. Chunghwa Telecom Co., Ltd. has a twelve month low of $35.92 and a twelve month high of $40.62. The firm’s 50-day moving average price is $38.44 and its 200 day moving average price is $38.39. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06.

Chunghwa Telecom (NYSE:CHT) last issued 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, sell-side analysts expect that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Chunghwa Telecom from a “buy” rating to a “hold” rating in a research report on Saturday, March 8th.

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.