Mondrian Investment Partners LTD Decreases Position in Chunghwa Telecom Co., Ltd. (CHT)

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State of Alaska Department of Revenue now owns 5,590 shares of the utilities provider's stock worth $130,000 after buying an additional 110 shares during the last quarter.

Several large investors have recently bought and sold shares of the stock. Hexavest Inc. boosted its stake in shares of Chunghwa Telecom Co.by 457.3% in the second quarter. Vanguard Group Inc. now owns 4,464,764 shares of the utilities provider's stock worth $151,712,000 after buying an additional 138,874 shares during the period. AQR Capital Management LLC boosted its position in shares of Consolidated Communications Holdings by 0.9% in the fourth quarter.

Profund Advisors LLC reports that it raised its investment in Chunghwa Telecom Co., Ltd. shares by 8.1% in the quarter ending 06/30/2017. Capstone Asset Management Co. now owns 87,474 shares of the utilities provider's stock worth $2,972,000 after buying an additional 1,160 shares in the last quarter. Bank of New York Mellon Corp now owns 1,252,713 shares of the utilities provider's stock valued at $26,897,000 after buying an additional 13,805 shares in the last quarter. Institutional investors own 3.57% of the company's stock.

Tdam USA Inc. held its stake in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The company had a trading volume of 11,225 shares. Chunghwa Telecom Co., Ltd. has a 12-month low of $31.28 and a 12-month high of $37.10.

Company chares are trading at $33.46 which is a tad under the 50 day moving average of $34.89 and which is marginally under the 200 day moving average of $34.19.

The company's P/E ratio is 20.78 and market capitalization is 25.89B.

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Chunghwa Telecom Co. had a return on equity of 10.41% and a net margin of 18.05%. (NYSE:CHT) last issued its quarterly earnings results on Thursday, July 27th. The utilities provider reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.04. The firm had revenue of $169.95 million for the quarter, compared to analyst estimates of $169.69 million. Chunghwa Telecom Co. On average, analysts forecast that Chunghwa Telecom Co., Ltd will post $1.66 earnings per share for the current fiscal year.

The firm also recently declared an annual dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, July 21st will be paid a $1.6294 dividend. This dividend amount will represent a yeild of $4.84. The ex-dividend date will be on Wednesday July 19th, 2017. Chunghwa Telecom Co.'s dividend payout ratio (DPR) is 82.58%.

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CHT has been the topic of a number of analyst reports. UBS AG cut Chunghwa Telecom Co. from a "buy" rating to a "sell" rating in a research note on Friday, May 12th. Zacks Investment Research upgraded Chunghwa Telecom Co. from a "hold" rating to a "buy" rating and set a $40.00 price objective on the stock in a research report on Monday, May 29th. Finally, BidaskClub cut Chunghwa Telecom Co. from a "buy" rating to a "hold" rating in a research note on Wednesday, June 14th. One analyst has rated the stock with a sell rating, six have given a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the previous year is $24.00.

Chunghwa Telecom Co, Ltd. provides telecommunication services. The Company's segments include Domestic fixed communications business, which is engaged in the provision of local telephone services, domestic long distance telephone services, broadband access and related services; Mobile communications business, which is engaged in the provision of mobile services, sales of mobile handsets and data cards, and related services; Internet business, which is engaged in the provision of HiNet services and related services; worldwide fixed communications business, which includes global long distance telephone services, global leased line services, global data services, satellite services, and information and communication technology (ICT) and other worldwide services, and Others, which is engaged in the provision of non-telecom services.

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