Chunghwa Telecom Co., Ltd. (NYSE:CHT) Shares Sold by Pathstone Holdings LLC

Pathstone Holdings LLC decreased its holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 2.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 44,120 shares of the utilities provider’s stock after selling 1,101 shares during the period. Pathstone Holdings LLC’s holdings in Chunghwa Telecom were worth $1,750,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CHT. Dimensional Fund Advisors LP increased its holdings in shares of Chunghwa Telecom by 4.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 407,062 shares of the utilities provider’s stock worth $15,710,000 after buying an additional 16,428 shares during the last quarter. Creative Planning increased its holdings in shares of Chunghwa Telecom by 32.7% during the 2nd quarter. Creative Planning now owns 123,493 shares of the utilities provider’s stock worth $4,768,000 after buying an additional 30,410 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Chunghwa Telecom by 178.8% during the 2nd quarter. Bank of Montreal Can now owns 103,593 shares of the utilities provider’s stock worth $4,074,000 after buying an additional 66,441 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Chunghwa Telecom by 88.0% during the 3rd quarter. Blue Trust Inc. now owns 36,893 shares of the utilities provider’s stock worth $1,424,000 after buying an additional 17,270 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Chunghwa Telecom by 27.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 27,887 shares of the utilities provider’s stock worth $1,106,000 after buying an additional 6,087 shares during the last quarter. Institutional investors and hedge funds own 2.11% of the company’s stock.

Chunghwa Telecom Stock Down 0.2 %

Chunghwa Telecom stock opened at $38.30 on Thursday. Chunghwa Telecom Co., Ltd. has a fifty-two week low of $35.92 and a fifty-two week high of $40.62. 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 firm has a 50 day moving average price of $38.34 and a 200 day moving average price of $38.30. The company has a market capitalization of $29.71 billion, a PE ratio of 26.23, a price-to-earnings-growth ratio of 18.55 and a beta of 0.19.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. downgraded shares of Chunghwa Telecom from an “overweight” rating to a “neutral” rating in a report on Tuesday, August 6th.

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.