Kathmere Capital Management LLC Grows Position in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Kathmere Capital Management LLC raised its position in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 59.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,401 shares of the utilities provider’s stock after acquiring an additional 12,828 shares during the quarter. Kathmere Capital Management LLC’s holdings in Chunghwa Telecom were worth $1,295,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP increased its holdings in shares of Chunghwa Telecom by 40.5% in the 3rd quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 265 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Chunghwa Telecom by 71.4% in the fourth quarter. GAMMA Investing LLC now owns 3,085 shares of the utilities provider’s stock valued at $116,000 after purchasing an additional 1,285 shares in the last quarter. BSW Wealth Partners purchased a new position in Chunghwa Telecom in the third quarter valued at approximately $208,000. Waldron Private Wealth LLC acquired a new stake in Chunghwa Telecom during the third quarter worth approximately $217,000. Finally, OneDigital Investment Advisors LLC boosted its holdings in shares of Chunghwa Telecom by 6.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,964 shares of the utilities provider’s stock valued at $316,000 after buying an additional 468 shares in the last quarter. Institutional investors and hedge funds own 2.11% of the company’s stock.

Chunghwa Telecom Price Performance

Chunghwa Telecom stock opened at $37.08 on Wednesday. The stock has a 50-day simple moving average of $37.87 and a 200-day simple moving average of $37.98. The company has a market capitalization of $28.76 billion, a P/E ratio of 25.40, a PEG ratio of 18.43 and a beta of 0.20. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.29 and a current ratio of 1.47. Chunghwa Telecom Co., Ltd. has a fifty-two week low of $35.92 and a fifty-two week high of $40.62.

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.