Vident Advisory LLC Buys 62,147 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Vident Advisory LLC lifted its holdings in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) by 80.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 138,978 shares of the utilities provider's stock after purchasing an additional 62,147 shares during the quarter. Vident Advisory LLC's holdings in Chunghwa Telecom were worth $5,233,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Chunghwa Telecom by 6.0% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 970,763 shares of the utilities provider's stock worth $36,549,000 after buying an additional 54,910 shares during the period. Northern Trust Corp boosted its holdings in shares of Chunghwa Telecom by 420.8% during the 4th quarter. Northern Trust Corp now owns 676,302 shares of the utilities provider's stock worth $25,463,000 after buying an additional 546,436 shares during the period. Schroder Investment Management Group boosted its holdings in shares of Chunghwa Telecom by 2.3% during the 4th quarter. Schroder Investment Management Group now owns 650,358 shares of the utilities provider's stock worth $24,662,000 after buying an additional 14,911 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Chunghwa Telecom by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 424,763 shares of the utilities provider's stock worth $16,003,000 after buying an additional 3,416 shares during the period. Finally, Rhumbline Advisers boosted its holdings in shares of Chunghwa Telecom by 1.3% during the 4th quarter. Rhumbline Advisers now owns 255,514 shares of the utilities provider's stock worth $9,620,000 after buying an additional 3,393 shares during the period. 2.11% of the stock is owned by institutional investors.

Chunghwa Telecom Stock Performance

Shares of NYSE CHT traded down $0.03 during trading hours on Friday, hitting $44.39. 109,780 shares of the stock were exchanged, compared to its average volume of 109,296. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.47 and a quick ratio of 1.29. The company's 50 day moving average is $40.62 and its 200 day moving average is $39.09. The firm has a market capitalization of $34.43 billion, a P/E ratio of 29.79, a P/E/G ratio of 21.42 and a beta of 0.21. Chunghwa Telecom Co., Ltd. has a one year low of $35.92 and a one year high of $44.44.

Chunghwa Telecom (NYSE:CHT - Get Free Report) last issued 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 net margin of 16.18% and a return on equity of 9.53%. The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $56.11 billion. On average, research analysts expect that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current year.

Analyst Upgrades and Downgrades

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

About Chunghwa Telecom

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.