Catalina Capital Group LLC Has $356,000 Holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT)

Catalina Capital Group LLC boosted its stake in shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 59.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 9,456 shares of the utilities provider’s stock after buying an additional 3,540 shares during the period. Catalina Capital Group LLC’s holdings in Chunghwa Telecom were worth $356,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Allworth Financial LP raised its position in Chunghwa Telecom by 40.5% during the third quarter. Allworth Financial LP now owns 919 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 265 shares in the last quarter. GAMMA Investing LLC grew its stake in Chunghwa Telecom by 71.4% in the 4th quarter. GAMMA Investing LLC now owns 3,085 shares of the utilities provider’s stock valued at $116,000 after buying an additional 1,285 shares during the last quarter. R Squared Ltd acquired a new stake in Chunghwa Telecom during the fourth quarter worth approximately $127,000. BSW Wealth Partners bought a new position in shares of Chunghwa Telecom during the third quarter worth approximately $208,000. Finally, Simon Quick Advisors LLC bought a new position in Chunghwa Telecom during the 4th quarter worth $208,000. Institutional investors own 2.11% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Chunghwa Telecom from a “hold” rating to a “buy” rating in a research report on Friday, January 24th.

Chunghwa Telecom Stock Performance

NYSE:CHT opened at $38.52 on Tuesday. The stock’s 50-day moving average is $38.03 and its 200-day moving average is $38.12. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06. Chunghwa Telecom Co., Ltd. has a 1-year low of $35.92 and a 1-year high of $40.62. The stock has a market cap of $29.88 billion, a P/E ratio of 25.85, a price-to-earnings-growth ratio of 21.41 and a beta of 0.20.

Chunghwa Telecom (NYSE:CHT) last posted its quarterly earnings data on Thursday, January 23rd. The utilities provider reported $0.36 EPS for the quarter. Chunghwa Telecom had a net margin of 16.18% and a return on equity of 9.53%. Equities research analysts anticipate that Chunghwa Telecom Co., Ltd. will post 1.44 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.