DGS Capital Management LLC Trims Stake in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

DGS Capital Management LLC lowered its holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 5.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,374 shares of the utilities provider’s stock after selling 643 shares during the period. DGS Capital Management LLC’s holdings in Chunghwa Telecom were worth $451,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Barclays PLC purchased a new stake in Chunghwa Telecom in the third quarter valued at approximately $397,000. Public Employees Retirement System of Ohio bought a new position in shares of Chunghwa Telecom in the 3rd quarter worth $4,095,000. Townsquare Capital LLC raised its position in shares of Chunghwa Telecom by 72.1% during the 3rd quarter. Townsquare Capital LLC now owns 10,830 shares of the utilities provider’s stock valued at $430,000 after buying an additional 4,537 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Chunghwa Telecom by 30.0% during the 3rd quarter. Cerity Partners LLC now owns 20,794 shares of the utilities provider’s stock worth $825,000 after acquiring an additional 4,801 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in Chunghwa Telecom by 120.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 915,853 shares of the utilities provider’s stock valued at $36,332,000 after acquiring an additional 500,475 shares during the last quarter. Institutional investors own 2.11% of the company’s stock.

Chunghwa Telecom Trading Up 0.1 %

Shares of CHT stock opened at $38.17 on Friday. The business has a 50-day moving average price of $38.04 and a two-hundred day moving average price of $38.24. Chunghwa Telecom Co., Ltd. has a 12-month low of $35.92 and a 12-month high of $40.62. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 0.06. The firm has a market cap of $29.61 billion, a P/E ratio of 26.14, a price-to-earnings-growth ratio of 18.41 and a beta of 0.19.

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.