Chunghwa Telecom Co., Ltd. (NYSE:CHT) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. grew its position in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 10.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,661 shares of the utilities provider’s stock after buying an additional 14,072 shares during the quarter. American Century Companies Inc.’s holdings in Chunghwa Telecom were worth $5,163,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Renaissance Technologies LLC grew its stake in shares of Chunghwa Telecom by 2.0% in the second quarter. Renaissance Technologies LLC now owns 3,049,769 shares of the utilities provider’s stock valued at $113,726,000 after buying an additional 59,489 shares in the last quarter. BlackRock Inc. grew its stake in shares of Chunghwa Telecom by 6.3% in the second quarter. BlackRock Inc. now owns 2,893,770 shares of the utilities provider’s stock valued at $107,909,000 after buying an additional 170,632 shares in the last quarter. Macquarie Group Ltd. acquired a new stake in shares of Chunghwa Telecom in the first quarter valued at $86,880,000. Morgan Stanley grew its stake in shares of Chunghwa Telecom by 7.7% in the third quarter. Morgan Stanley now owns 1,175,582 shares of the utilities provider’s stock valued at $42,250,000 after buying an additional 84,339 shares in the last quarter. Finally, Schroder Investment Management Group grew its stake in shares of Chunghwa Telecom by 0.9% in the third quarter. Schroder Investment Management Group now owns 508,882 shares of the utilities provider’s stock valued at $18,289,000 after buying an additional 4,459 shares in the last quarter. 2.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Chunghwa Telecom Trading Up 0.4 %

CHT opened at $39.33 on Thursday. Chunghwa Telecom Co., Ltd. has a 12 month low of $35.44 and a 12 month high of $41.58. The stock has a market capitalization of $30.51 billion, a price-to-earnings ratio of 25.71 and a beta of 0.17. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 1.23. The business has a fifty day moving average price of $38.38 and a 200 day moving average price of $37.50.

Chunghwa Telecom (NYSE:CHT) last released its earnings results on Tuesday, January 30th. The utilities provider reported $0.33 EPS for the quarter. Chunghwa Telecom had a return on equity of 9.49% and a net margin of 16.57%. The firm had revenue of $1.94 billion during the quarter. Sell-side analysts expect that Chunghwa Telecom Co., Ltd. will post 1.5 earnings per share for the current fiscal year.

Chunghwa Telecom 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.