Crossmark Global Holdings Inc. Has $3.54 Million Stock Position in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Crossmark Global Holdings Inc. decreased its position in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 10.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 90,260 shares of the utilities provider's stock after selling 10,032 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Chunghwa Telecom were worth $3,539,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of CHT. GAMMA Investing LLC raised its position in Chunghwa Telecom by 66.8% in the first quarter. GAMMA Investing LLC now owns 5,146 shares of the utilities provider's stock worth $202,000 after acquiring an additional 2,061 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Chunghwa Telecom by 617.4% during the fourth quarter. BNP Paribas Financial Markets now owns 1,693 shares of the utilities provider's stock worth $64,000 after buying an additional 1,457 shares during the last quarter. Natixis Advisors LLC raised its stake in shares of Chunghwa Telecom by 19.3% in the fourth quarter. Natixis Advisors LLC now owns 42,242 shares of the utilities provider's stock valued at $1,590,000 after purchasing an additional 6,826 shares in the last quarter. Invesco Ltd. grew its position in Chunghwa Telecom by 40.0% in the fourth quarter. Invesco Ltd. now owns 9,588 shares of the utilities provider's stock valued at $361,000 after acquiring an additional 2,738 shares during the period. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of Chunghwa Telecom during the fourth quarter worth $266,000. Institutional investors and hedge funds own 2.11% of the company's stock.

Chunghwa Telecom Stock Up 0.5%

NYSE CHT traded up $0.24 during trading on Friday, hitting $44.51. The stock had a trading volume of 146,273 shares, compared to its average volume of 117,200. Chunghwa Telecom Co., Ltd. has a 12 month low of $36.29 and a 12 month high of $47.03. The company has a market capitalization of $34.53 billion, a PE ratio of 29.87 and a beta of 0.25. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.46 and a current ratio of 1.63. The company's 50-day moving average price is $44.59 and its two-hundred day moving average price is $40.78.

Chunghwa Telecom (NYSE:CHT - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The utilities provider reported $0.38 earnings per share for the quarter, meeting analysts' consensus estimates of $0.38. Chunghwa Telecom had a return on equity of 9.63% and a net margin of 16.29%. The business had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $56.11 billion. As a group, sell-side analysts forecast that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current year.

Chunghwa Telecom Increases Dividend

The business also recently announced an annual dividend, which will be paid on Friday, August 8th. Stockholders of record on Thursday, July 3rd will be issued a dividend of $1.6695 per share. This is a positive change from Chunghwa Telecom's previous annual dividend of $1.47. This represents a dividend yield of 2.9%. The ex-dividend date is Thursday, July 3rd. Chunghwa Telecom's dividend payout ratio is 87.25%.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Chunghwa Telecom from a "buy" rating to a "hold" rating in a research report on Monday, April 14th.

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.