Signaturefd LLC Has $1.05 Million Position in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Signaturefd LLC raised its position in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 7.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 26,884 shares of the utilities provider’s stock after purchasing an additional 1,901 shares during the period. Signaturefd LLC’s holdings in Chunghwa Telecom were worth $1,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in CHT. Lindbrook Capital LLC grew its stake in shares of Chunghwa Telecom by 10.7% in the fourth quarter. Lindbrook Capital LLC now owns 3,919 shares of the utilities provider’s stock valued at $153,000 after acquiring an additional 380 shares in the last quarter. DGS Capital Management LLC grew its position in shares of Chunghwa Telecom by 6.5% during the 4th quarter. DGS Capital Management LLC now owns 9,381 shares of the utilities provider’s stock worth $367,000 after purchasing an additional 575 shares in the last quarter. Simplicity Solutions LLC bought a new position in shares of Chunghwa Telecom during the fourth quarter worth approximately $213,000. AlphaQ Advisors LLC increased its holdings in shares of Chunghwa Telecom by 18.9% during the fourth quarter. AlphaQ Advisors LLC now owns 8,509 shares of the utilities provider’s stock worth $332,000 after purchasing an additional 1,353 shares during the period. Finally, Janiczek Wealth Management LLC raised its position in shares of Chunghwa Telecom by 21.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 13,628 shares of the utilities provider’s stock valued at $532,000 after buying an additional 2,367 shares in the last quarter. Institutional investors own 2.11% of the company’s stock.

Chunghwa Telecom Stock Up 1.8 %

CHT stock opened at $38.54 on Tuesday. The firm has a 50-day moving average price of $38.60 and a 200-day moving average price of $37.85. Chunghwa Telecom Co., Ltd. has a 12 month low of $35.44 and a 12 month high of $41.58. The company has a current ratio of 1.52, a quick ratio of 1.35 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $29.90 billion, a P/E ratio of 25.19 and a beta of 0.17.

Chunghwa Telecom (NYSE:CHT) last issued its quarterly earnings data on Tuesday, January 30th. The utilities provider reported $0.33 earnings per share for the quarter. Chunghwa Telecom had a return on equity of 9.38% and a net margin of 16.57%. The business had revenue of $1.94 billion for the quarter. As a group, equities research analysts anticipate that Chunghwa Telecom Co., Ltd. will post 1.5 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.