Quadrant Capital Group LLC Buys 5,334 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Quadrant Capital Group LLC lifted its position in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 10.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,570 shares of the utilities provider’s stock after buying an additional 5,334 shares during the quarter. Quadrant Capital Group LLC’s holdings in Chunghwa Telecom were worth $2,130,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Public Employees Retirement System of Ohio acquired a new position in shares of Chunghwa Telecom during the third quarter worth approximately $4,095,000. Barclays PLC purchased a new stake in shares of Chunghwa Telecom in the third quarter valued at about $397,000. GAMMA Investing LLC lifted its position in shares of Chunghwa Telecom by 71.4% during the 4th quarter. GAMMA Investing LLC now owns 3,085 shares of the utilities provider’s stock worth $116,000 after buying an additional 1,285 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Chunghwa Telecom by 4.2% in the fourth quarter. Sivia Capital Partners LLC now owns 9,785 shares of the utilities provider’s stock worth $368,000 after purchasing an additional 391 shares during the last quarter. Finally, Kathmere Capital Management LLC boosted its holdings in shares of Chunghwa Telecom by 59.5% in the 4th quarter. Kathmere Capital Management LLC now owns 34,401 shares of the utilities provider’s stock worth $1,295,000 after buying an additional 12,828 shares during the last quarter. 2.11% of the stock is currently owned by institutional investors and hedge funds.

Chunghwa Telecom Stock Performance

Shares of CHT opened at $38.80 on Friday. 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 Co., Ltd. has a 12-month low of $35.92 and a 12-month high of $40.62. The company has a market cap of $30.10 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 21.42 and a beta of 0.19. The stock has a 50-day moving average price of $38.94 and a 200-day moving average price of $38.42.

Chunghwa Telecom (NYSE:CHT) last released its earnings results on Thursday, January 23rd. The utilities provider reported $0.36 EPS for the quarter. Chunghwa Telecom had a net margin of 16.18% and a return on equity of 9.53%. As a group, equities analysts forecast that Chunghwa Telecom Co., Ltd. will post 1.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Chunghwa Telecom from a “hold” rating to a “buy” rating in a research note on Monday, March 17th.

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.