Chunghwa Telecom (CHT) Holdings Raised by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. raised its position in Chunghwa Telecom (NYSE:CHT) by 17.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 137,714 shares of the utilities provider’s stock after acquiring an additional 19,968 shares during the period. Goldman Sachs Group Inc.’s holdings in Chunghwa Telecom were worth $4,880,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CHT. BNP Paribas Arbitrage SA boosted its stake in Chunghwa Telecom by 34.0% in the third quarter. BNP Paribas Arbitrage SA now owns 8,386 shares of the utilities provider’s stock valued at $286,000 after acquiring an additional 2,128 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its stake in Chunghwa Telecom by 6.1% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 37,555 shares of the utilities provider’s stock valued at $1,281,000 after acquiring an additional 2,144 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in Chunghwa Telecom by 7.4% in the third quarter. Schwab Charles Investment Management Inc. now owns 387,957 shares of the utilities provider’s stock valued at $13,234,000 after acquiring an additional 26,568 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Chunghwa Telecom by 1.2% in the third quarter. Dimensional Fund Advisors LP now owns 891,713 shares of the utilities provider’s stock valued at $30,399,000 after acquiring an additional 10,402 shares in the last quarter. Finally, OxFORD Asset Management LLP boosted its stake in Chunghwa Telecom by 164.2% in the third quarter. OxFORD Asset Management LLP now owns 39,479 shares of the utilities provider’s stock valued at $1,347,000 after acquiring an additional 24,536 shares in the last quarter. Institutional investors own 2.98% of the company’s stock.

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Separately, Zacks Investment Research upgraded shares of Chunghwa Telecom from a “sell” rating to a “hold” rating in a research note on Tuesday, February 6th.

Shares of CHT opened at $38.57 on Friday. The company has a market capitalization of $30,098.91, a price-to-earnings ratio of 23.52, a PEG ratio of 4.36 and a beta of 0.32. Chunghwa Telecom has a twelve month low of $33.00 and a twelve month high of $39.06.

Chunghwa Telecom (NYSE:CHT) last announced its earnings results 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 10.57%. equities research analysts anticipate that Chunghwa Telecom will post 1.69 EPS for the current year.

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About Chunghwa Telecom

Chunghwa Telecom Co, Ltd. engages in the provision of telecommunication and information related services. It operates through the following business segments: Domestic Fixed Communications, Mobile Communications, Internet, International Fixed Communications, and Others. The company was founded on June 15, 1996 and is headquartered in Taipei, Taiwan.

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

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