Wells Fargo & Company MN decreased its position in Chunghwa Telecom Co., Ltd. (NYSE:CHT) by 68.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,605 shares of the utilities provider’s stock after selling 52,866 shares during the quarter. Wells Fargo & Company MN’s holdings in Chunghwa Telecom Co. were worth $867,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CHT. Ameriprise Financial Inc. lifted its holdings in shares of Chunghwa Telecom Co. by 41.8% in the first quarter. Ameriprise Financial Inc. now owns 11,769 shares of the utilities provider’s stock valued at $400,000 after buying an additional 3,472 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Chunghwa Telecom Co. by 3.2% in the first quarter. Vanguard Group Inc. now owns 4,464,764 shares of the utilities provider’s stock valued at $151,712,000 after buying an additional 138,874 shares during the period. Schwab Charles Investment Management Inc. lifted its holdings in shares of Chunghwa Telecom Co. by 17.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 300,381 shares of the utilities provider’s stock valued at $10,207,000 after buying an additional 43,788 shares during the period. Paloma Partners Management Co acquired a new stake in shares of Chunghwa Telecom Co. in the first quarter valued at $495,000. Finally, Credit Suisse AG lifted its holdings in shares of Chunghwa Telecom Co. by 2.8% in the first quarter. Credit Suisse AG now owns 160,210 shares of the utilities provider’s stock valued at $5,444,000 after buying an additional 4,288 shares during the period. Institutional investors and hedge funds own 3.18% of the company’s stock.

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

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Shares of Chunghwa Telecom Co., Ltd. (NYSE CHT) opened at $33.79 on Monday. Chunghwa Telecom Co., Ltd. has a fifty-two week low of $31.28 and a fifty-two week high of $36.37. The company has a market capitalization of $26,212.43, a price-to-earnings ratio of 21.25 and a beta of 0.29.

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.

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

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