Natixis Advisors LLC Grows Holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Natixis Advisors LLC grew its position in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 17.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,416 shares of the utilities provider’s stock after purchasing an additional 5,184 shares during the period. Natixis Advisors LLC’s holdings in Chunghwa Telecom were worth $1,405,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CHT. Allworth Financial LP boosted its position in Chunghwa Telecom by 40.5% during the third quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 265 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Chunghwa Telecom by 14.2% during the 2nd quarter. GAMMA Investing LLC now owns 2,543 shares of the utilities provider’s stock worth $98,000 after purchasing an additional 317 shares during the period. V Square Quantitative Management LLC acquired a new stake in shares of Chunghwa Telecom during the second quarter worth $120,000. EverSource Wealth Advisors LLC grew its position in shares of Chunghwa Telecom by 80.1% in the first quarter. EverSource Wealth Advisors LLC now owns 3,345 shares of the utilities provider’s stock valued at $126,000 after purchasing an additional 1,488 shares during the period. Finally, CWM LLC increased its stake in Chunghwa Telecom by 31.8% in the second quarter. CWM LLC now owns 3,443 shares of the utilities provider’s stock valued at $133,000 after purchasing an additional 830 shares during the last quarter. 2.11% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut Chunghwa Telecom from an “overweight” rating to a “neutral” rating in a report on Tuesday, August 6th.

Chunghwa Telecom Trading Down 0.2 %

Shares of CHT opened at $38.36 on Wednesday. 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 Co., Ltd. has a 12 month low of $35.92 and a 12 month high of $40.62. The stock has a market cap of $29.76 billion, a PE ratio of 26.27, a P/E/G ratio of 18.35 and a beta of 0.19. The stock’s 50-day moving average is $38.36 and its two-hundred day moving average is $38.30.

Chunghwa Telecom Company 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.