Chunghwa Telecom Co., Ltd. (NYSE:CHT) Shares Purchased by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC lifted its position in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 37.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,234 shares of the utilities provider’s stock after purchasing an additional 3,634 shares during the period. Schechter Investment Advisors LLC’s holdings in Chunghwa Telecom were worth $498,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in CHT. Sierra Ocean LLC acquired a new position in Chunghwa Telecom during the fourth quarter worth $54,000. GAMMA Investing LLC raised its position in Chunghwa Telecom by 71.4% during the fourth quarter. GAMMA Investing LLC now owns 3,085 shares of the utilities provider’s stock worth $116,000 after acquiring an additional 1,285 shares during the period. R Squared Ltd acquired a new position in Chunghwa Telecom during the fourth quarter worth $127,000. V Square Quantitative Management LLC raised its position in Chunghwa Telecom by 31.0% during the fourth quarter. V Square Quantitative Management LLC now owns 4,065 shares of the utilities provider’s stock worth $153,000 after acquiring an additional 961 shares during the period. Finally, Wealthstream Advisors Inc. acquired a new position in Chunghwa Telecom during the fourth quarter worth $204,000. 2.11% of the stock is currently owned by institutional investors and hedge funds.

Chunghwa Telecom Price Performance

Chunghwa Telecom stock opened at $39.20 on Thursday. Chunghwa Telecom Co., Ltd. has a 52-week low of $35.92 and a 52-week high of $40.62. The firm has a market capitalization of $30.41 billion, a price-to-earnings ratio of 26.31, a PEG ratio of 21.42 and a beta of 0.20. The company has a fifty day simple moving average of $38.29 and a 200-day simple moving average of $38.37. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 0.06.

Chunghwa Telecom (NYSE:CHT) last released its earnings results 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%. On average, equities analysts anticipate that Chunghwa Telecom Co., Ltd. will post 1.44 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Chunghwa Telecom from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th.

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.