8,085 Shares in Chunghwa Telecom Co., Ltd. (NYSE:CHT) Purchased by Sivia Capital Partners LLC

Sivia Capital Partners LLC acquired a new position in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,085 shares of the utilities provider’s stock, valued at approximately $316,000.

A number of other institutional investors have also added to or reduced their stakes in CHT. Glassman Wealth Services raised its holdings in shares of Chunghwa Telecom by 43.6% in the 4th quarter. Glassman Wealth Services now owns 1,011 shares of the utilities provider’s stock valued at $40,000 after acquiring an additional 307 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of Chunghwa Telecom in the 4th quarter valued at about $56,000. Centaurus Financial Inc. purchased a new stake in shares of Chunghwa Telecom in the 4th quarter valued at about $102,000. Lindbrook Capital LLC raised its holdings in shares of Chunghwa Telecom by 10.7% in the 4th 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. Finally, Gallacher Capital Management LLC purchased a new stake in shares of Chunghwa Telecom in the 3rd quarter valued at about $202,000. Hedge funds and other institutional investors own 2.11% of the company’s stock.

Analyst Upgrades and Downgrades

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

Chunghwa Telecom Price Performance

Shares of NYSE CHT traded down $0.13 during trading hours on Monday, reaching $39.47. 18,976 shares of the stock traded hands, compared to its average volume of 71,941. The company has a market capitalization of $30.62 billion, a P/E ratio of 26.40 and a beta of 0.19. The company has a quick ratio of 1.64, a current ratio of 1.83 and a debt-to-equity ratio of 0.08. Chunghwa Telecom Co., Ltd. has a 52-week low of $35.44 and a 52-week high of $40.71. The company’s 50-day simple moving average is $38.80 and its two-hundred day simple moving average is $38.53.

Chunghwa Telecom (NYSE:CHT) last announced its quarterly earnings data on Thursday, May 2nd. The utilities provider reported $0.38 earnings per share for the quarter. The company had revenue of $1.75 billion for the quarter. Chunghwa Telecom had a return on equity of 9.31% and a net margin of 16.40%.

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.