Chunghwa Telecom Co., Ltd. (NYSE:CHT) Shares Bought by BSW Wealth Partners

BSW Wealth Partners grew its holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 30.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,857 shares of the utilities provider’s stock after purchasing an additional 1,620 shares during the quarter. BSW Wealth Partners’ holdings in Chunghwa Telecom were worth $258,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its stake in shares of Chunghwa Telecom by 4.2% in the second quarter. Dimensional Fund Advisors LP now owns 407,062 shares of the utilities provider’s stock worth $15,710,000 after acquiring an additional 16,428 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Chunghwa Telecom by 120.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 915,853 shares of the utilities provider’s stock worth $36,332,000 after purchasing an additional 500,475 shares during the period. Creative Planning boosted its stake in shares of Chunghwa Telecom by 32.7% in the 2nd quarter. Creative Planning now owns 123,493 shares of the utilities provider’s stock valued at $4,768,000 after buying an additional 30,410 shares during the period. Bank of Montreal Can grew its position in shares of Chunghwa Telecom by 178.8% during the second quarter. Bank of Montreal Can now owns 103,593 shares of the utilities provider’s stock worth $4,074,000 after buying an additional 66,441 shares in the last quarter. Finally, Barclays PLC purchased a new stake in shares of Chunghwa Telecom during the third quarter worth approximately $397,000. Institutional investors and hedge funds own 2.11% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Chunghwa Telecom from a “hold” rating to a “buy” rating in a research note on Friday, January 24th.

Chunghwa Telecom Stock Performance

NYSE:CHT opened at $38.94 on Thursday. Chunghwa Telecom Co., Ltd. has a 12 month low of $35.92 and a 12 month high of $40.62. 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 firm has a market capitalization of $30.20 billion, a PE ratio of 26.67, a price-to-earnings-growth ratio of 19.75 and a beta of 0.20. The business’s fifty day moving average price is $37.97 and its 200 day moving average price is $38.07.

Chunghwa Telecom (NYSE:CHT) last issued its earnings results on Thursday, January 23rd. The utilities provider reported $0.36 earnings per share for the quarter. Chunghwa Telecom had a return on equity of 9.25% and a net margin of 16.09%. On average, sell-side analysts anticipate that Chunghwa Telecom Co., Ltd. will post 1.47 earnings per share for the current fiscal year.

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.