Crossmark Global Holdings Inc. Sells 1,602 Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Crossmark Global Holdings Inc. trimmed its holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,292 shares of the utilities provider’s stock after selling 1,602 shares during the period. Crossmark Global Holdings Inc.’s holdings in Chunghwa Telecom were worth $3,776,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Allworth Financial LP lifted its position in Chunghwa Telecom by 40.5% in the 3rd quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 265 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Chunghwa Telecom by 71.4% in the fourth quarter. GAMMA Investing LLC now owns 3,085 shares of the utilities provider’s stock valued at $116,000 after purchasing an additional 1,285 shares in the last quarter. BSW Wealth Partners purchased a new position in shares of Chunghwa Telecom during the third quarter valued at approximately $208,000. Waldron Private Wealth LLC bought a new stake in Chunghwa Telecom during the third quarter worth $217,000. Finally, OneDigital Investment Advisors LLC raised its position in Chunghwa Telecom by 6.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,964 shares of the utilities provider’s stock valued at $316,000 after buying an additional 468 shares during the last quarter. 2.11% of the stock is currently owned by institutional investors and hedge funds.

Chunghwa Telecom Price Performance

CHT opened at $37.80 on Thursday. Chunghwa Telecom Co., Ltd. has a 1 year low of $35.92 and a 1 year high of $40.62. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.47 and a quick ratio of 1.29. The company has a market capitalization of $29.32 billion, a price-to-earnings ratio of 25.89, a P/E/G ratio of 19.75 and a beta of 0.20. The firm’s fifty day moving average price is $37.86 and its two-hundred day moving average price is $37.98.

Chunghwa Telecom (NYSE:CHT) last released its quarterly earnings results on Wednesday, November 6th. The utilities provider reported $0.36 earnings per share for the quarter. Chunghwa Telecom had a net margin of 16.09% and a return on equity of 9.25%. The company had revenue of $1.72 billion for the quarter. As a group, analysts anticipate that Chunghwa Telecom Co., Ltd. will post 1.47 earnings per share for the current fiscal year.

Chunghwa Telecom Company 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.