Quantinno Capital Management LP Purchases 9,219 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Quantinno Capital Management LP raised its stake in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 46.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 29,190 shares of the utilities provider's stock after acquiring an additional 9,219 shares during the period. Quantinno Capital Management LP's holdings in Chunghwa Telecom were worth $1,099,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of CHT. Sierra Ocean LLC bought a new position in Chunghwa Telecom during the 4th quarter valued at about $54,000. BNP Paribas Financial Markets lifted its stake in Chunghwa Telecom by 617.4% during the 4th quarter. BNP Paribas Financial Markets now owns 1,693 shares of the utilities provider's stock valued at $64,000 after acquiring an additional 1,457 shares during the period. GeoWealth Management LLC bought a new position in Chunghwa Telecom during the 4th quarter valued at about $117,000. R Squared Ltd bought a new position in Chunghwa Telecom during the 4th quarter valued at about $127,000. Finally, V Square Quantitative Management LLC lifted its stake in shares of Chunghwa Telecom by 31.0% in the 4th quarter. V Square Quantitative Management LLC now owns 4,065 shares of the utilities provider's stock worth $153,000 after purchasing an additional 961 shares during the period. Institutional investors own 2.11% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Chunghwa Telecom from a "buy" rating to a "hold" rating in a research note on Monday, April 14th.

Chunghwa Telecom Price Performance

Shares of NYSE:CHT opened at $44.38 on Friday. The firm's 50 day moving average price is $40.52 and its 200-day moving average price is $39.04. Chunghwa Telecom Co., Ltd. has a twelve month low of $35.92 and a twelve month high of $44.41. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $34.43 billion, a PE ratio of 29.79, a price-to-earnings-growth ratio of 21.42 and a beta of 0.21.

Chunghwa Telecom (NYSE:CHT - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The utilities provider reported $0.38 earnings per share for the quarter, hitting the consensus estimate of $0.38. Chunghwa Telecom had a net margin of 16.18% and a return on equity of 9.53%. The firm had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $56.11 billion. Equities research analysts expect that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current year.

Chunghwa Telecom 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.

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