American Century Companies Inc. Has $9.61 Million Stock Holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

American Century Companies Inc. boosted its position in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 15.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 255,122 shares of the utilities provider’s stock after purchasing an additional 33,831 shares during the period. American Century Companies Inc.’s holdings in Chunghwa Telecom were worth $9,605,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Ieq Capital LLC lifted its stake in Chunghwa Telecom by 5.7% in the fourth quarter. Ieq Capital LLC now owns 5,621 shares of the utilities provider’s stock valued at $212,000 after acquiring an additional 301 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Chunghwa Telecom by 4.2% in the fourth quarter. Sivia Capital Partners LLC now owns 9,785 shares of the utilities provider’s stock worth $368,000 after purchasing an additional 391 shares in the last quarter. First Affirmative Financial Network increased its position in Chunghwa Telecom by 2.1% during the fourth quarter. First Affirmative Financial Network now owns 31,156 shares of the utilities provider’s stock worth $1,173,000 after buying an additional 655 shares during the last quarter. Lester Murray Antman dba SimplyRich lifted its position in shares of Chunghwa Telecom by 5.7% in the fourth quarter. Lester Murray Antman dba SimplyRich now owns 14,896 shares of the utilities provider’s stock worth $560,000 after buying an additional 800 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its stake in shares of Chunghwa Telecom by 31.0% during the 4th 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 in the last quarter. 2.11% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Chunghwa Telecom from a “hold” rating to a “buy” rating in a research note on Monday, March 17th.

Chunghwa Telecom Trading Up 0.0 %

Shares of NYSE:CHT opened at $39.35 on Thursday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.29 and a current ratio of 1.47. The stock’s 50-day moving average is $38.92 and its 200-day moving average is $38.42. The company has a market cap of $30.53 billion, a P/E ratio of 26.41, a P/E/G ratio of 21.42 and a beta of 0.19. Chunghwa Telecom Co., Ltd. has a 52-week low of $35.92 and a 52-week high of $40.62.

Chunghwa Telecom (NYSE:CHT) last issued its quarterly earnings results on Thursday, January 23rd. The utilities provider reported $0.36 earnings per share for the quarter. Chunghwa Telecom had a net margin of 16.18% and a return on equity of 9.53%. Equities research analysts predict that Chunghwa Telecom Co., Ltd. will post 1.44 earnings per share for the current year.

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.