Hexavest Increased Chunghwa Telecom Prop (CHT) Position by $1.04 Million as Market Value Declined; Shareholder Moab Capital Partners Boosted Tower Semiconductor LTD (TSEM) Position

Chunghwa Telecom Co., Ltd. (NYSE:CHT) Logo

Hexavest Inc increased its stake in Chunghwa Telecom Prop (CHT) by 8.54% based on its latest 2018Q1 regulatory filing with the SEC. Hexavest Inc bought 27,287 shares as the company’s stock declined 2.29% with the market. The hedge fund held 346,850 shares of the public utilities company at the end of 2018Q1, valued at $13.48M, up from 319,563 at the end of the previous reported quarter. Hexavest Inc who had been investing in Chunghwa Telecom Prop for a number of months, seems to be bullish on the $28.44B market cap company. The stock increased 0.67% or $0.24 during the last trading session, reaching $35.82. About 53,983 shares traded. Chunghwa Telecom Co., Ltd. (NYSE:CHT) has risen 3.67% since June 29, 2017 and is uptrending. It has underperformed by 8.90% the S&P500. Some Historical CHT News: 27/04/2018 – Chunghwa Telecom 2017 Form 20-F filed with the U.S. SEC; 25/03/2018 – Chunghwa Chemical Synthesis & Biotech Up 4.9%; Volume Doubles; 13/03/2018 – CHUNGHWA TELECOM BOARD PROPOSES CASH DIVIDEND OF NT$4.796/SHARE; 27/05/2018 – CHUNGHWA TELECOM TO BUILD DESIGN CENTER FOR NT$12B: COMM. TIMES; 07/05/2018 – Chunghwa Picture Tubes Apr Rev NT$2.20B; 06/03/2018 Chunghwa Picture Tubes Feb Rev NT$2.05B; 12/03/2018 – Chunghwa Telecom Feb Rev NT$17.95B Vs NT$17.77B; 28/03/2018 – Chunghwa Chemical Synthesis & Biotech Jumps 4.8%; 10/04/2018 – Chunghwa Telecom Mar Rev NT$17.49B Vs NT$18.04B; 04/05/2018 – Chunghwa Telecom 1Q Net Profit NT$8.73B Vs NT$9.59B

Michael M. Rothenberg increased its stake in Tower Semiconductor Ltd (TSEM) by 41.07% based on its latest 2018Q1 regulatory filing with the SEC. Moab Capital Partners Llc bought 823,431 shares as the company’s stock declined 16.24% with the market. The hedge fund run by Michael M. Rothenberg held 2.83M shares of the semiconductors company at the end of 2018Q1, valued at $76.11M, up from 2.00 million at the end of the previous reported quarter. Moab Capital Partners Llc who had been investing in Tower Semiconductor Ltd for a number of months, seems to be bullish on the $2.18 billion market cap company. The stock decreased 0.27% or $0.06 during the last trading session, reaching $22.03. About 533,091 shares traded. Tower Semiconductor Ltd. (NASDAQ:TSEM) has declined 0.70% since June 29, 2017 and is downtrending. It has underperformed by 13.27% the S&P500. Some Historical TSEM News: 17/05/2018 – HAREL INSURANCE INVESTMENTS & FINANCIAL SERVICES LTD REPORTS 5.2 PCT PASSIVE STAKE IN TOWER SEMICONDUCTOR LTD AS OF MAY 10 – SEC FILING; 14/03/2018 – New Research: Key Drivers of Growth for Tower Semiconductor, ServiceSource International, IHS Markit, CONSOL Coal Resources LP,; 29/05/2018 – Gpixel Begins Prototyping New 25Mp Global Shutter Sensor Based on TowerJazz’s 300mm, 65nm Breakthrough Technology for World’s S; 07/05/2018 – TOWERJAZZ SEES 2Q REV. MID-RANGE VIEW OF $335M, EST. $343.8M; 07/05/2018 – TOWER SEMICONDUCTOR 1Q REV. $312.7M, EST. $325.0M; 07/05/2018 – Tower Semiconductor 1Q EPS 26c; 29/05/2018 – Gpixel Begins Prototyping New 25Mp Global Shutter Sensor Based on TowerJazz’s 300mm, 65nm Breakthrough Technology for World’s Smallest Global Shutter Pixel; 27/03/2018 – Tower Semiconductor at Non-Deal Roadshow Hosted By Drexel Today; 13/03/2018 – TowerJazz launches initial silicon photonics design kit based on the Mentor Calibre nmPlatform; 07/05/2018 – Tower Semiconductor 1Q EBITDA $84M

Hexavest Inc, which manages about $16.29B and $8.02 billion US Long portfolio, decreased its stake in Westfield Corp En by 562,977 shares to 34,130 shares, valued at $223,000 in 2018Q1, according to the filing. It also reduced its holding in Newcrest Mining El En by 58,738 shares in the quarter, leaving it with 2.14 million shares, and cut its stake in Aliment Couche (ANCUF).

Among 3 analysts covering Chunghwa Telecom Co. (NYSE:CHT), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Chunghwa Telecom Co. had 5 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Chunghwa Telecom Co., Ltd. (NYSE:CHT) earned “Neutral” rating by Citigroup on Tuesday, August 25. The stock has “Neutral” rating by Citigroup on Thursday, April 28. UBS upgraded the stock to “Buy” rating in Tuesday, May 3 report. Credit Suisse initiated Chunghwa Telecom Co., Ltd. (NYSE:CHT) on Friday, January 8 with “Neutral” rating. The firm has “Hold” rating given on Tuesday, August 4 by Zacks.

More notable recent Tower Semiconductor Ltd. (NASDAQ:TSEM) news were published by: Globes.Co.Il which released: “Sun: Banks lift TASE” on June 24, 2018, also Globes.Co.Il with their article: “Thu: TA 35 down 0.9% for week” published on June 21, 2018, Globes.Co.Il published: “Mon: Castro bucks market” on June 25, 2018. More interesting news about Tower Semiconductor Ltd. (NASDAQ:TSEM) were released by: Globes.Co.Il and their article: “Wed: Teva boosts TASE” published on June 27, 2018 as well as Globes.Co.Il‘s news article titled: “Thu: Tel Aviv 35 Index down 0.3% for week” with publication date: May 31, 2018.

Among 8 analysts covering TowerJazz (NASDAQ:TSEM), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. TowerJazz had 23 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, January 22, the company rating was initiated by Needham. The rating was initiated by Oppenheimer with “Outperform” on Tuesday, December 15. The firm has “Hold” rating given on Wednesday, August 2 by Wells Fargo. The rating was maintained by Chardan Capital Markets on Thursday, August 6 with “Buy”. The firm has “Outperform” rating given on Wednesday, November 15 by Credit Suisse. The firm has “Buy” rating given on Monday, August 21 by Drexel Hamilton. The stock has “Buy” rating by Drexel Hamilton on Thursday, February 22. The stock of Tower Semiconductor Ltd. (NASDAQ:TSEM) earned “Buy” rating by Needham on Thursday, August 3. The firm has “Buy” rating by Needham given on Wednesday, June 21. On Wednesday, November 29 the stock rating was maintained by Drexel Hamilton with “Buy”.

Tower Semiconductor Ltd. (NASDAQ:TSEM) Ratings Chart