Chunghwa Telecom Co., Ltd (NYSE:CHT) was upgraded by stock analysts at TheStreet from a “c+” rating to a “b” rating in a research report issued to clients and investors on Thursday.

Other analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of Chunghwa Telecom Co. from a “sell” rating to a “hold” rating in a research report on Friday, December 2nd. Citigroup Inc downgraded shares of Chunghwa Telecom Co. from a “neutral” rating to a “sell” rating in a research report on Thursday, December 8th.

Chunghwa Telecom Co. (NYSE:CHT) traded up 1.75% during trading on Thursday, hitting $34.80. 84,432 shares of the company’s stock traded hands. The company’s 50 day moving average price is $32.77 and its 200 day moving average price is $33.52. Chunghwa Telecom Co. has a 52-week low of $31.28 and a 52-week high of $38.47. The company has a market cap of $27.00 billion, a PE ratio of 20.84 and a beta of 0.31.

Your IP Address:

Several hedge funds have recently made changes to their positions in the company. Asset Management One Co. Ltd. bought a new stake in shares of Chunghwa Telecom Co. during the fourth quarter valued at approximately $104,000. Mizuho Trust & Banking Co. Ltd. increased its stake in shares of Chunghwa Telecom Co. by 54.3% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 3,694 shares of the company’s stock valued at $129,000 after buying an additional 1,300 shares during the period. Quantbot Technologies LP bought a new stake in shares of Chunghwa Telecom Co. during the third quarter valued at approximately $130,000. Tdam USA Inc. bought a new stake in shares of Chunghwa Telecom Co. during the third quarter valued at approximately $202,000. Finally, Nuveen Fund Advisors LLC bought a new stake in shares of Chunghwa Telecom Co. during the third quarter valued at approximately $242,000. 4.11% of the stock is owned by institutional investors.

About Chunghwa Telecom Co.

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.

5 Day Chart for NYSE:CHT

Receive News & Ratings for Chunghwa Telecom Co. Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chunghwa Telecom Co. Ltd and related companies with MarketBeat.com's FREE daily email newsletter.