XTX Topco Ltd acquired a new position in Chunghwa Telecom Co., Ltd. (NYSE:CHT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,032 shares of the utilities provider's stock, valued at approximately $302,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in CHT. Mondrian Investment Partners LTD grew its holdings in Chunghwa Telecom by 101.4% in the 4th quarter. Mondrian Investment Partners LTD now owns 236,641 shares of the utilities provider's stock worth $9,191,000 after buying an additional 119,143 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Chunghwa Telecom by 6.0% in 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 in the last quarter. American Century Companies Inc. raised its stake in shares of Chunghwa Telecom by 15.3% in the 4th quarter. American Century Companies Inc. now owns 255,122 shares of the utilities provider's stock worth $9,605,000 after buying an additional 33,831 shares in the last quarter. Allianz SE bought a new position in Chunghwa Telecom during the fourth quarter valued at about $1,175,000. Finally, Cerity Partners LLC grew its holdings in Chunghwa Telecom by 90.6% during the fourth quarter. Cerity Partners LLC now owns 39,633 shares of the utilities provider's stock worth $1,505,000 after acquiring an additional 18,839 shares during the period. 2.11% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered Chunghwa Telecom from a "buy" rating to a "hold" rating in a report on Monday, April 14th.
Get Our Latest Stock Analysis on Chunghwa Telecom
Chunghwa Telecom Price Performance
NYSE:CHT traded up $0.56 during mid-day trading on Wednesday, reaching $40.47. 93,392 shares of the stock were exchanged, compared to its average volume of 100,700. The business has a fifty day moving average price of $39.21 and a 200 day moving average price of $38.47. The firm has a market capitalization of $31.39 billion, a PE ratio of 27.16, a PEG ratio of 21.42 and a beta of 0.22. Chunghwa Telecom Co., Ltd. has a 1-year low of $35.92 and a 1-year high of $40.62. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06.
Chunghwa Telecom Company Profile
(
Free Report)
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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