Crossmark Global Holdings Inc. Decreases Holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Crossmark Global Holdings Inc. reduced its stake in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 1.6% during the fourth quarter, Holdings Channel.com reports. 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 SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. raised its position 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 worth $36,332,000 after acquiring an additional 500,475 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Chunghwa Telecom by 4.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 407,062 shares of the utilities provider’s stock worth $15,710,000 after purchasing an additional 16,428 shares during the period. Creative Planning lifted its stake in Chunghwa Telecom by 1.1% in the third quarter. Creative Planning now owns 124,913 shares of the utilities provider’s stock valued at $4,955,000 after purchasing an additional 1,420 shares during the last quarter. Bank of Montreal Can lifted its stake in Chunghwa Telecom by 178.8% in the second quarter. Bank of Montreal Can now owns 103,593 shares of the utilities provider’s stock valued at $4,074,000 after purchasing an additional 66,441 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in Chunghwa Telecom during the third quarter valued at $4,095,000. Institutional investors own 2.11% of the company’s stock.

Chunghwa Telecom Stock Performance

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

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

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.