Schroder Investment Management Group Purchases 14,911 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Schroder Investment Management Group grew its stake in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 2.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 650,358 shares of the utilities provider’s stock after acquiring an additional 14,911 shares during the period. Schroder Investment Management Group owned 0.08% of Chunghwa Telecom worth $24,662,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in CHT. Allianz SE purchased a new position in shares of Chunghwa Telecom in the 4th quarter valued at approximately $1,175,000. Mizuho Securities Co. Ltd. grew its position in shares of Chunghwa Telecom by 163.8% during the 4th quarter. Mizuho Securities Co. Ltd. now owns 14,493 shares of the utilities provider’s stock valued at $550,000 after acquiring an additional 9,000 shares during the period. American Century Companies Inc. increased its position in shares of Chunghwa Telecom by 15.3% in the fourth quarter. American Century Companies Inc. now owns 255,122 shares of the utilities provider’s stock valued at $9,605,000 after buying an additional 33,831 shares in the last quarter. PDS Planning Inc raised its position in Chunghwa Telecom by 14.5% during the fourth quarter. PDS Planning Inc now owns 15,532 shares of the utilities provider’s stock worth $585,000 after acquiring an additional 1,964 shares during the period. Finally, Signaturefd LLC boosted its holdings in Chunghwa Telecom by 28.6% in the 4th quarter. Signaturefd LLC now owns 33,437 shares of the utilities provider’s stock worth $1,259,000 after buying an additional 7,427 shares during the last quarter. 2.11% of the stock is currently owned by institutional investors.

Chunghwa Telecom Stock Up 0.0 %

Shares of NYSE:CHT opened at $39.35 on Thursday. Chunghwa Telecom Co., Ltd. has a 1 year low of $35.92 and a 1 year high of $40.62. The firm’s 50-day moving average is $38.92 and its two-hundred day moving average is $38.42. The firm has a market capitalization of $30.53 billion, a PE ratio of 26.41, a price-to-earnings-growth ratio of 21.42 and a beta of 0.19. 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 (NYSE:CHT) last released its quarterly earnings data on Thursday, January 23rd. The utilities provider reported $0.36 earnings per share (EPS) for the quarter. Chunghwa Telecom had a net margin of 16.18% and a return on equity of 9.53%. Analysts predict that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current year.

Wall Street Analysts Forecast Growth

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

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.