O Shaughnessy Asset Management LLC Purchases 10,775 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

O Shaughnessy Asset Management LLC increased its position in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 12.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 100,015 shares of the utilities provider’s stock after purchasing an additional 10,775 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Chunghwa Telecom were worth $3,766,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Schroder Investment Management Group boosted its position in shares of Chunghwa Telecom by 2.3% during the fourth quarter. Schroder Investment Management Group now owns 650,358 shares of the utilities provider’s stock valued at $24,662,000 after buying an additional 14,911 shares during the period. Allianz SE bought a new position in Chunghwa Telecom in the 4th quarter valued at $1,175,000. Mizuho Securities Co. Ltd. increased its stake in Chunghwa Telecom by 163.8% in the fourth quarter. Mizuho Securities Co. Ltd. now owns 14,493 shares of the utilities provider’s stock worth $550,000 after purchasing an additional 9,000 shares during the period. American Century Companies Inc. boosted its stake in shares of Chunghwa Telecom by 15.3% during the fourth quarter. American Century Companies Inc. now owns 255,122 shares of the utilities provider’s stock valued at $9,605,000 after purchasing an additional 33,831 shares during the period. Finally, PDS Planning Inc boosted its stake in shares of Chunghwa Telecom by 14.5% during the fourth quarter. PDS Planning Inc now owns 15,532 shares of the utilities provider’s stock valued at $585,000 after purchasing an additional 1,964 shares during the period. 2.11% of the stock is currently owned by institutional investors.

Chunghwa Telecom Stock Up 0.0 %

Shares of NYSE CHT opened at $39.35 on Thursday. Chunghwa Telecom Co., Ltd. has a 52-week low of $35.92 and a 52-week high of $40.62. The firm has a market capitalization of $30.53 billion, a price-to-earnings ratio of 26.41, a PEG ratio of 21.42 and a beta of 0.19. The stock has a 50 day moving average price of $38.92 and a 200 day moving average price of $38.42. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.29 and a current ratio of 1.47.

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

Analyst Ratings Changes

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

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.