GAMMA Investing LLC boosted its holdings in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT – Free Report) by 71.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,085 shares of the utilities provider’s stock after acquiring an additional 1,285 shares during the quarter. GAMMA Investing LLC’s holdings in Chunghwa Telecom were worth $116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP lifted its stake in Chunghwa Telecom by 40.5% during the third quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 265 shares during the period. Kathmere Capital Management LLC boosted its stake in shares of Chunghwa Telecom by 1.5% in the 2nd quarter. Kathmere Capital Management LLC now owns 30,247 shares of the utilities provider’s stock valued at $1,168,000 after purchasing an additional 460 shares in the last quarter. OneDigital Investment Advisors LLC increased its position in shares of Chunghwa Telecom by 6.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,964 shares of the utilities provider’s stock worth $316,000 after purchasing an additional 468 shares in the last quarter. Creative Planning boosted its position in Chunghwa Telecom by 1.1% in the third quarter. Creative Planning now owns 124,913 shares of the utilities provider’s stock valued at $4,955,000 after buying an additional 1,420 shares in the last quarter. Finally, D Orazio & Associates Inc. increased its holdings in shares of Chunghwa Telecom by 26.5% during the second quarter. D Orazio & Associates Inc. now owns 6,954 shares of the utilities provider’s stock worth $268,000 after buying an additional 1,457 shares in the last quarter. Institutional investors and hedge funds own 2.11% of the company’s stock.
Chunghwa Telecom Stock Down 0.2 %
NYSE CHT opened at $37.37 on Friday. The stock’s 50 day simple moving average is $37.94 and its 200 day simple moving average is $38.02. 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 Co., Ltd. has a one year low of $35.92 and a one year high of $40.62. The firm has a market cap of $28.99 billion, a PE ratio of 25.60, a price-to-earnings-growth ratio of 18.43 and a beta of 0.20.
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.
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