Quantinno Capital Management LP Lowers Stock Holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Quantinno Capital Management LP reduced its position in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 20.1% in the third quarter, Holdings Channel.com reports. The fund owned 19,971 shares of the utilities provider’s stock after selling 5,015 shares during the quarter. Quantinno Capital Management LP’s holdings in Chunghwa Telecom were worth $792,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Allworth Financial LP grew its position in shares of Chunghwa Telecom by 40.5% during the 3rd quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 265 shares in the last quarter. CWM LLC grew its position in Chunghwa Telecom by 31.8% during the second quarter. CWM LLC now owns 3,443 shares of the utilities provider’s stock worth $133,000 after buying an additional 830 shares in the last quarter. BSW Wealth Partners bought a new position in Chunghwa Telecom in the 3rd quarter worth about $208,000. Waldron Private Wealth LLC bought a new stake in shares of Chunghwa Telecom during the 3rd quarter valued at about $217,000. Finally, Mizuho Securities Co. Ltd. grew its holdings in shares of Chunghwa Telecom by 86.6% during the second quarter. Mizuho Securities Co. Ltd. now owns 6,472 shares of the utilities provider’s stock worth $250,000 after purchasing an additional 3,003 shares in the last quarter. Hedge funds and other institutional investors own 2.11% of the company’s stock.

Chunghwa Telecom Trading Up 0.1 %

Shares of CHT opened at $38.17 on Friday. The firm’s 50 day simple moving average is $38.04 and its 200 day simple moving average is $38.24. The company has a market capitalization of $29.61 billion, a P/E ratio of 26.14, a P/E/G ratio of 18.42 and a beta of 0.19. 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.

About Chunghwa Telecom

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.