Shares of Chunghwa Telecom Co., Ltd. (NYSE:CHT) have received an average broker rating score of 4.00 (Sell) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a sell recommendation.

Zacks has also given Chunghwa Telecom Co. an industry rank of 63 out of 265 based on the ratings given to related companies.

A number of research firms have recently commented on CHT. UBS AG downgraded Chunghwa Telecom Co. from a “buy” rating to a “sell” rating in a report on Friday, May 12th. Zacks Investment Research upgraded Chunghwa Telecom Co. from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a report on Monday, May 29th. Finally, BidaskClub downgraded Chunghwa Telecom Co. from a “hold” rating to a “sell” rating in a report on Thursday, July 27th.

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Several large investors have recently made changes to their positions in the stock. Sei Investments Co. increased its stake in shares of Chunghwa Telecom Co. by 65.8% in the second quarter. Sei Investments Co. now owns 3,188 shares of the utilities provider’s stock valued at $112,000 after buying an additional 1,265 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Chunghwa Telecom Co. by 137.7% in the second quarter. Royal Bank of Canada now owns 3,705 shares of the utilities provider’s stock valued at $131,000 after buying an additional 2,146 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of Chunghwa Telecom Co. by 44.2% in the first quarter. BNP Paribas Arbitrage SA now owns 5,383 shares of the utilities provider’s stock valued at $183,000 after buying an additional 1,651 shares during the last quarter. Eqis Capital Management Inc. increased its stake in shares of Chunghwa Telecom Co. by 3.6% in the first quarter. Eqis Capital Management Inc. now owns 7,005 shares of the utilities provider’s stock valued at $238,000 after buying an additional 246 shares during the last quarter. Finally, Greenleaf Trust bought a new stake in shares of Chunghwa Telecom Co. during the first quarter valued at approximately $252,000. Institutional investors and hedge funds own 3.40% of the company’s stock.

Shares of Chunghwa Telecom Co. (NYSE CHT) traded up 0.51% during mid-day trading on Friday, reaching $33.77. 78,758 shares of the company traded hands. The stock has a market capitalization of $26.20 billion, a price-to-earnings ratio of 20.98 and a beta of 0.33. The company’s 50 day moving average is $34.58 and its 200 day moving average is $34.28. Chunghwa Telecom Co. has a 52-week low of $31.28 and a 52-week high of $36.79.

Chunghwa Telecom Co. (NYSE:CHT) last released its quarterly earnings data on Thursday, July 27th. The utilities provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04. The company had revenue of $1.84 billion for the quarter. Chunghwa Telecom Co. had a return on equity of 10.26% and a net margin of 16.49%. On average, equities analysts forecast that Chunghwa Telecom Co. will post $1.66 earnings per share for the current year.

The business also recently announced an annual dividend, which will be paid on Friday, September 1st. Investors of record on Friday, July 21st will be issued a dividend of $1.6294 per share. This is an increase from Chunghwa Telecom Co.’s previous annual dividend of $1.33. This represents a dividend yield of 4.57%. The ex-dividend date is Wednesday, July 19th. Chunghwa Telecom Co.’s dividend payout ratio (DPR) is presently 82.58%.

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.

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