Public Employees Retirement System of Ohio Purchases New Shares in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Public Employees Retirement System of Ohio acquired a new position in Chunghwa Telecom Co., Ltd. (NYSE:CHT) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 103,231 shares of the utilities provider’s stock, valued at approximately $4,095,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Allworth Financial LP grew its position in shares of Chunghwa Telecom by 40.5% in the 3rd quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock worth $36,000 after buying an additional 265 shares during the period. BSW Wealth Partners bought a new position in shares of Chunghwa Telecom during the third quarter valued at approximately $208,000. Waldron Private Wealth LLC purchased a new position in shares of Chunghwa Telecom during the third quarter valued at approximately $217,000. Mizuho Securities Co. Ltd. boosted its position in shares of Chunghwa Telecom by 86.6% in the 2nd 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. Finally, Foster Group Inc. grew its stake in shares of Chunghwa Telecom by 4.6% in the 2nd quarter. Foster Group Inc. now owns 6,760 shares of the utilities provider’s stock worth $261,000 after buying an additional 299 shares during the last quarter. Hedge funds and other institutional investors own 2.11% of the company’s stock.

Chunghwa Telecom Stock Up 0.1 %

CHT stock opened at $38.17 on Monday. 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 business has a 50 day moving average of $38.04 and a 200 day moving average of $38.23. Chunghwa Telecom Co., Ltd. has a twelve month low of $35.92 and a twelve month high of $40.62. The firm has a market cap of $29.61 billion, a PE ratio of 26.14, a price-to-earnings-growth ratio of 18.43 and a beta of 0.19.

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.