Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Buys Shares of 3,000 Chunghwa Telecom (CHT)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. bought a new position in Chunghwa Telecom (NYSE:CHT) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,000 shares of the utilities provider’s stock, valued at approximately $117,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Deutsche Bank AG raised its holdings in shares of Chunghwa Telecom by 7.4% in the 4th quarter. Deutsche Bank AG now owns 3,931,024 shares of the utilities provider’s stock worth $139,314,000 after acquiring an additional 270,080 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of Chunghwa Telecom by 8.4% in the 4th quarter. Renaissance Technologies LLC now owns 3,149,084 shares of the utilities provider’s stock worth $111,604,000 after acquiring an additional 242,936 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Chunghwa Telecom by 1.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 891,713 shares of the utilities provider’s stock worth $30,399,000 after acquiring an additional 10,402 shares during the last quarter. Schroder Investment Management Group raised its holdings in shares of Chunghwa Telecom by 2.2% in the 4th quarter. Schroder Investment Management Group now owns 830,820 shares of the utilities provider’s stock worth $29,444,000 after acquiring an additional 18,227 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Chunghwa Telecom by 17.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 137,714 shares of the utilities provider’s stock worth $4,880,000 after acquiring an additional 19,968 shares during the last quarter. Institutional investors own 3.00% of the company’s stock.

NYSE:CHT opened at $35.98 on Wednesday. The stock has a market capitalization of $28.32 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 4.08 and a beta of 0.32. Chunghwa Telecom has a 52 week low of $36.00 and a 52 week high of $36.08.

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.

Chunghwa Telecom Profile

Chunghwa Telecom Co, Ltd. provides telecommunication services primarily in Taiwan. The company's Domestic Fixed Communications Business segment provides local telephone, domestic long distance telephone, broadband access, local and domestic long distance leased line, Wi-Fi, and multimedia on demand services; and other domestic services, including information and communication technology (ICT), corporate solution services, and bill handling services.

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

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