Hexavest Inc. Purchases 65,974 Shares of Chunghwa Telecom Co., Ltd (CHT)

Hexavest Inc. lifted its position in shares of Chunghwa Telecom Co., Ltd (NYSE:CHT) by 26.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 319,563 shares of the utilities provider’s stock after buying an additional 65,974 shares during the period. Hexavest Inc.’s holdings in Chunghwa Telecom were worth $11,325,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. grew its holdings in Chunghwa Telecom by 20.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 361,389 shares of the utilities provider’s stock valued at $12,729,000 after purchasing an additional 61,008 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in Chunghwa Telecom by 16.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,258 shares of the utilities provider’s stock valued at $220,000 after purchasing an additional 875 shares in the last quarter. Commonwealth Bank of Australia grew its holdings in Chunghwa Telecom by 9.1% during the 2nd quarter. Commonwealth Bank of Australia now owns 10,644 shares of the utilities provider’s stock valued at $374,000 after purchasing an additional 886 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Chunghwa Telecom by 9.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 12,847 shares of the utilities provider’s stock valued at $452,000 after purchasing an additional 1,078 shares in the last quarter. Finally, Profund Advisors LLC grew its holdings in Chunghwa Telecom by 8.1% during the 2nd quarter. Profund Advisors LLC now owns 17,520 shares of the utilities provider’s stock valued at $617,000 after purchasing an additional 1,307 shares in the last quarter. 3.08% of the stock is currently owned by institutional investors and hedge funds.

Chunghwa Telecom Co., Ltd (CHT) traded down $0.67 on Monday, reaching $36.43. 116,065 shares of the company were exchanged, compared to its average volume of 121,769. The firm has a market cap of $28,780.14, a price-to-earnings ratio of 22.08, a price-to-earnings-growth ratio of 4.17 and a beta of 0.35. Chunghwa Telecom Co., Ltd has a 1-year low of $31.93 and a 1-year high of $37.53.

Chunghwa Telecom (NYSE:CHT) last announced its quarterly earnings data on Wednesday, January 31st. The utilities provider reported $0.37 earnings per share for the quarter. The company had revenue of $2.02 billion during the quarter. Chunghwa Telecom had a net margin of 17.08% and a return on equity of 10.63%. sell-side analysts anticipate that Chunghwa Telecom Co., Ltd will post 1.69 earnings per share for the current year.

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Chunghwa Telecom Company Profile

Chunghwa Telecom Co, Ltd. provides telecommunication services. The Company’s segments include Domestic fixed communications business, which is engaged in the provision of local telephone services, domestic long distance telephone services, broadband access and related services; Mobile communications business, which is engaged in the provision of mobile services, sales of mobile handsets and data cards, and related services; Internet business, which is engaged in the provision of HiNet services and related services; International fixed communications business, which includes international long distance telephone services, international leased line services, international data services, satellite services, and information and communication technology (ICT) and other international services, and Others, which is engaged in the provision of non-telecom services.

Institutional Ownership by Quarter for Chunghwa Telecom (NYSE:CHT)

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