AU Optronics Corp (NYSE:AUO) Stake Lowered by Acadian Asset Management LLC

Acadian Asset Management LLC decreased its position in shares of AU Optronics Corp (NYSE:AUO) by 4.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,403,635 shares of the semiconductor company’s stock after selling 230,012 shares during the quarter. Acadian Asset Management LLC owned 0.56% of AU Optronics worth $22,481,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of AUO. Schwab Charles Investment Management Inc. boosted its holdings in AU Optronics by 20.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 844,009 shares of the semiconductor company’s stock worth $3,849,000 after purchasing an additional 142,600 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in AU Optronics by 0.9% in the second quarter. Wells Fargo & Company MN now owns 127,957 shares of the semiconductor company’s stock worth $583,000 after purchasing an additional 1,201 shares during the last quarter. Northern Trust Corp boosted its holdings in AU Optronics by 7.2% in the second quarter. Northern Trust Corp now owns 1,243,125 shares of the semiconductor company’s stock worth $5,668,000 after purchasing an additional 83,552 shares during the last quarter. Parametric Portfolio Associates LLC boosted its holdings in AU Optronics by 0.5% in the second quarter. Parametric Portfolio Associates LLC now owns 1,679,460 shares of the semiconductor company’s stock worth $7,658,000 after purchasing an additional 8,495 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in AU Optronics by 22.7% in the second quarter. Renaissance Technologies LLC now owns 10,440,384 shares of the semiconductor company’s stock worth $47,608,000 after purchasing an additional 1,929,700 shares during the last quarter. Hedge funds and other institutional investors own 6.35% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research cut shares of AU Optronics from a “hold” rating to a “sell” rating in a report on Thursday. Credit Suisse Group cut shares of AU Optronics from a “neutral” rating to an “underperform” rating in a report on Tuesday, January 30th. CLSA upgraded shares of AU Optronics from an “underperform” rating to an “outperform” rating in a report on Wednesday, January 24th. Finally, Morgan Stanley upgraded shares of AU Optronics from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 23rd. Six research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. AU Optronics currently has a consensus rating of “Hold”.

Shares of AU Optronics Corp (AUO) traded down $0.05 during trading on Monday, hitting $4.59. 858,340 shares of the stock traded hands, compared to its average volume of 1,193,844. The stock has a market cap of $4,300.00, a PE ratio of 3.56 and a beta of 0.81. AU Optronics Corp has a 1-year low of $3.60 and a 1-year high of $5.35. The company has a quick ratio of 1.45, a current ratio of 1.68 and a debt-to-equity ratio of 0.45.

AU Optronics (NYSE:AUO) last issued its quarterly earnings results on Wednesday, February 7th. The semiconductor company reported $0.15 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.01. The business had revenue of $80.66 billion for the quarter, compared to analysts’ expectations of $80.65 billion. AU Optronics had a net margin of 9.47% and a return on equity of 14.86%. The company’s revenue was down 12.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 EPS. equities research analysts expect that AU Optronics Corp will post 0.19 EPS for the current fiscal year.

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AU Optronics Profile

AU Optronics Corp. is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The Company operates in two business segments: display business and solar business. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels.

Institutional Ownership by Quarter for AU Optronics (NYSE:AUO)

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