First Republic Investment Management Inc. Has $531,000 Holdings in Chunghwa Telecom Co., Ltd. (CHT)

First Republic Investment Management Inc. cut its holdings in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 13.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,564 shares of the utilities provider’s stock after selling 2,452 shares during the quarter. First Republic Investment Management Inc.’s holdings in Chunghwa Telecom were worth $531,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sei Investments Co. lifted its stake in shares of Chunghwa Telecom by 65.8% in the second quarter. Sei Investments Co. now owns 3,188 shares of the utilities provider’s stock worth $112,000 after buying an additional 1,265 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Chunghwa Telecom by 137.7% in the second quarter. Royal Bank of Canada now owns 3,705 shares of the utilities provider’s stock worth $131,000 after buying an additional 2,146 shares during the last quarter. BNP Paribas Arbitrage SA lifted its stake in shares of Chunghwa Telecom by 16.3% in the second quarter. BNP Paribas Arbitrage SA now owns 6,258 shares of the utilities provider’s stock worth $220,000 after buying an additional 875 shares during the last quarter. FDx Advisors Inc. acquired a new stake in shares of Chunghwa Telecom in the third quarter worth $239,000. Finally, Trexquant Investment LP acquired a new stake in shares of Chunghwa Telecom in the second quarter worth $270,000. Hedge funds and other institutional investors own 3.14% of the company’s stock.

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

Chunghwa Telecom Co., Ltd. (NYSE:CHT) opened at $35.13 on Friday. 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 cap of $27,251.92, a price-to-earnings ratio of 22.09, a P/E/G ratio of 4.00 and a beta of 0.30.

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About Chunghwa Telecom

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.

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

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