Caprock Group LLC Grows Stock Position in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Caprock Group LLC increased its holdings in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHTFree Report) by 9.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,737 shares of the utilities provider’s stock after buying an additional 755 shares during the quarter. Caprock Group LLC’s holdings in Chunghwa Telecom were worth $341,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. BlackRock Inc. lifted its position in Chunghwa Telecom by 6.3% during the second quarter. BlackRock Inc. now owns 2,893,770 shares of the utilities provider’s stock worth $107,909,000 after buying an additional 170,632 shares during the period. Macquarie Group Ltd. purchased a new position in shares of Chunghwa Telecom in the 1st quarter worth about $86,880,000. Morgan Stanley raised its holdings in shares of Chunghwa Telecom by 7.7% in the 3rd quarter. Morgan Stanley now owns 1,175,582 shares of the utilities provider’s stock worth $42,250,000 after purchasing an additional 84,339 shares during the period. Schroder Investment Management Group raised its holdings in shares of Chunghwa Telecom by 0.9% in the 3rd quarter. Schroder Investment Management Group now owns 508,882 shares of the utilities provider’s stock worth $18,289,000 after purchasing an additional 4,459 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Chunghwa Telecom by 2.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 362,894 shares of the utilities provider’s stock worth $13,554,000 after purchasing an additional 9,167 shares during the period. 2.11% of the stock is currently owned by hedge funds and other institutional investors.

Chunghwa Telecom Trading Up 0.5 %

Shares of Chunghwa Telecom stock opened at $39.35 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 1.33 and a debt-to-equity ratio of 0.08. The firm has a market cap of $30.53 billion, a price-to-earnings ratio of 25.72 and a beta of 0.17. The business has a fifty day simple moving average of $38.47 and a 200-day simple moving average of $37.56. Chunghwa Telecom Co., Ltd. has a fifty-two week low of $35.44 and a fifty-two week high of $41.58.

Chunghwa Telecom (NYSE:CHTGet Free Report) last announced its quarterly earnings data on Tuesday, January 30th. The utilities provider reported $0.33 earnings per share for the quarter. The business had revenue of $1.94 billion during the quarter. Chunghwa Telecom had a return on equity of 9.49% and a net margin of 16.57%. On average, equities analysts forecast that Chunghwa Telecom Co., Ltd. will post 1.5 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Chunghwa Telecom from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd.

Read Our Latest Stock Report on CHT

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.

Further Reading

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Institutional Ownership by Quarter for Chunghwa Telecom (NYSE:CHT)

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