Dynamic Technology Lab Private Ltd Lowers Stake in Chunghwa Telecom Co., Ltd. (CHT)

Dynamic Technology Lab Private Ltd cut its holdings in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 7.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,437 shares of the utilities provider’s stock after selling 608 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Chunghwa Telecom Co. were worth $262,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CHT. Vanguard Group Inc. grew its position in shares of Chunghwa Telecom Co. by 6.6% during the second quarter. Vanguard Group Inc. now owns 4,759,680 shares of the utilities provider’s stock worth $167,635,000 after acquiring an additional 294,916 shares during the last quarter. Hexavest Inc. grew its position in Chunghwa Telecom Co. by 457.3% in the 2nd quarter. Hexavest Inc. now owns 250,640 shares of the utilities provider’s stock valued at $8,828,000 after buying an additional 205,666 shares during the last quarter. TD Asset Management Inc. grew its position in Chunghwa Telecom Co. by 6.2% in the 2nd quarter. TD Asset Management Inc. now owns 1,453,800 shares of the utilities provider’s stock valued at $51,203,000 after buying an additional 85,300 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in Chunghwa Telecom Co. by 20.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 361,389 shares of the utilities provider’s stock valued at $12,729,000 after buying an additional 61,008 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in Chunghwa Telecom Co. by 1.7% in the 2nd quarter. Renaissance Technologies LLC now owns 2,796,148 shares of the utilities provider’s stock valued at $98,480,000 after buying an additional 45,764 shares during the last quarter. Institutional investors and hedge funds own 3.20% of the company’s stock.

Separately, BidaskClub upgraded shares of Chunghwa Telecom Co. from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th.

Chunghwa Telecom Co., Ltd. (NYSE CHT) opened at 33.94 on Tuesday. The company has a 50-day moving average of $34.02 and a 200-day moving average of $34.59. Chunghwa Telecom Co., Ltd. has a 52-week low of $31.28 and a 52-week high of $36.37. The stock has a market capitalization of $26.33 billion, a price-to-earnings ratio of 20.95 and a beta of 0.30.

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Chunghwa Telecom Co. Company Profile

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; International fixed communications business, which includes international long distance telephone services, international leased line services, international data services, satellite services, and information and communication technology (ICT) and other international services, and Others, which is engaged in the provision of non-telecom services.

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Institutional Ownership by Quarter for Chunghwa Telecom Co. (NYSE:CHT)

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