Signaturefd LLC Invests $242,000 in Chunghwa Telecom (CHT) Stock

Signaturefd LLC acquired a new position in shares of Chunghwa Telecom (NYSE:CHT) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,215 shares of the utilities provider’s stock, valued at approximately $242,000.

Several other institutional investors and hedge funds have also modified their holdings of CHT. Augustine Asset Management Inc. increased its stake in shares of Chunghwa Telecom by 9.1% in the 4th quarter. Augustine Asset Management Inc. now owns 41,163 shares of the utilities provider’s stock valued at $1,458,000 after purchasing an additional 3,438 shares during the last quarter. Schroder Investment Management Group increased its stake 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 valued at $29,444,000 after purchasing an additional 18,227 shares during the last quarter. Suntrust Banks Inc. bought a new position in shares of Chunghwa Telecom in the 4th quarter valued at $210,000. Mackenzie Financial Corp bought a new position in shares of Chunghwa Telecom in the 4th quarter valued at $269,000. Finally, Alliancebernstein L.P. increased its stake in shares of Chunghwa Telecom by 7.0% in the 4th quarter. Alliancebernstein L.P. now owns 50,981 shares of the utilities provider’s stock valued at $1,807,000 after purchasing an additional 3,322 shares during the last quarter. Institutional investors own 3.00% of the company’s stock.

Chunghwa Telecom opened at $36.06 on Friday, according to Marketbeat.com. Chunghwa Telecom has a twelve month low of $36.01 and a twelve month high of $36.03. The firm has a market cap of $27.96 billion, a P/E ratio of 21.84, a PEG ratio of 4.03 and a beta of 0.32.

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

Chunghwa Telecom Company 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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