PDS Planning Inc Has $403,000 Position in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

PDS Planning Inc lowered its stake in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,310 shares of the utilities provider’s stock after selling 450 shares during the quarter. PDS Planning Inc’s holdings in Chunghwa Telecom were worth $403,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Simplex Trading LLC grew its position in Chunghwa Telecom by 332.1% during the third quarter. Simplex Trading LLC now owns 834 shares of the utilities provider’s stock worth $29,000 after buying an additional 641 shares in the last quarter. CWM LLC lifted its stake in Chunghwa Telecom by 18.4% during the third quarter. CWM LLC now owns 2,622 shares of the utilities provider’s stock worth $94,000 after purchasing an additional 408 shares during the last quarter. Lindbrook Capital LLC lifted its stake in Chunghwa Telecom by 10.7% during the fourth quarter. Lindbrook Capital LLC now owns 3,919 shares of the utilities provider’s stock worth $153,000 after purchasing an additional 380 shares during the last quarter. Gallacher Capital Management LLC bought a new stake in Chunghwa Telecom during the third quarter worth $202,000. Finally, Ieq Capital LLC bought a new stake in Chunghwa Telecom during the third quarter worth $209,000. Institutional investors and hedge funds own 2.11% of the company’s stock.

Chunghwa Telecom Trading Up 0.1 %

Chunghwa Telecom stock traded up $0.02 during trading hours on Tuesday, reaching $38.56. 9,810 shares of the company’s stock were exchanged, compared to its average volume of 81,309. The company has a quick ratio of 1.35, a current ratio of 1.52 and a debt-to-equity ratio of 0.08. The firm’s 50 day simple moving average is $38.60 and its 200 day simple moving average is $37.85. Chunghwa Telecom Co., Ltd. has a twelve month low of $35.44 and a twelve month high of $41.58. The firm has a market capitalization of $29.91 billion, a PE ratio of 25.19 and a beta of 0.17.

Chunghwa Telecom (NYSE:CHT) last issued its earnings results on Tuesday, January 30th. The utilities provider reported $0.33 EPS for the quarter. The company had revenue of $1.94 billion during the quarter. Chunghwa Telecom had a return on equity of 9.38% and a net margin of 16.57%. Research analysts predict that Chunghwa Telecom Co., Ltd. will post 1.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.