Rhumbline Advisers Purchases 8,859 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Rhumbline Advisers lifted its holdings in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 3.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 264,373 shares of the utilities provider's stock after acquiring an additional 8,859 shares during the quarter. Rhumbline Advisers' holdings in Chunghwa Telecom were worth $10,366,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in Chunghwa Telecom by 6,440.5% during the first quarter. GAMMA Investing LLC now owns 201,775 shares of the utilities provider's stock valued at $7,912,000 after buying an additional 198,690 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Chunghwa Telecom by 15.8% in the fourth quarter. Public Employees Retirement System of Ohio now owns 119,556 shares of the utilities provider's stock valued at $4,501,000 after acquiring an additional 16,325 shares during the last quarter. Vident Advisory LLC raised its position in Chunghwa Telecom by 80.9% in the 4th quarter. Vident Advisory LLC now owns 138,978 shares of the utilities provider's stock worth $5,233,000 after purchasing an additional 62,147 shares during the last quarter. Quantinno Capital Management LP boosted its stake in Chunghwa Telecom by 46.2% in the fourth quarter. Quantinno Capital Management LP now owns 29,190 shares of the utilities provider's stock valued at $1,099,000 after acquiring an additional 9,219 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of Chunghwa Telecom by 617.4% in the 4th quarter. BNP Paribas Financial Markets now owns 1,693 shares of the utilities provider's stock valued at $64,000 after buying an additional 1,457 shares during the period. Institutional investors own 2.11% of the company's stock.

Chunghwa Telecom Trading Up 0.3%

Shares of Chunghwa Telecom stock traded up $0.13 during trading on Wednesday, hitting $44.35. The company's stock had a trading volume of 88,972 shares, compared to its average volume of 111,870. Chunghwa Telecom Co., Ltd. has a 52 week low of $35.92 and a 52 week high of $44.51. The stock has a 50-day moving average price of $41.75 and a two-hundred day moving average price of $39.60. The stock has a market cap of $34.40 billion, a price-to-earnings ratio of 29.76, a price-to-earnings-growth ratio of 21.42 and a beta of 0.23. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.47 and a quick ratio of 1.29.

Chunghwa Telecom (NYSE:CHT - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The utilities provider reported $0.38 EPS for the quarter, meeting analysts' consensus estimates of $0.38. Chunghwa Telecom had a return on equity of 9.53% and a net margin of 16.18%. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $56.11 billion. Equities research analysts anticipate that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.