State Street Corp Has $4.69 Million Position in AU Optronics Corp (AUO)

State Street Corp raised its position in AU Optronics Corp (NYSE:AUO) by 13.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,028,160 shares of the semiconductor company’s stock after buying an additional 121,188 shares during the period. State Street Corp owned 0.11% of AU Optronics worth $4,689,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. US Bancorp DE lifted its position in shares of AU Optronics by 64.9% during the second quarter. US Bancorp DE now owns 28,514 shares of the semiconductor company’s stock worth $130,000 after purchasing an additional 11,223 shares in the last quarter. Marshall Wace North America L.P. acquired a new position in AU Optronics in the second quarter valued at approximately $213,000. Shelton Capital Management acquired a new position in AU Optronics in the second quarter valued at approximately $205,000. Bank of New York Mellon Corp lifted its holdings in AU Optronics by 1.0% in the first quarter. Bank of New York Mellon Corp now owns 63,658 shares of the semiconductor company’s stock valued at $244,000 after buying an additional 657 shares during the period. Finally, Wetherby Asset Management Inc. lifted its holdings in AU Optronics by 17.7% in the second quarter. Wetherby Asset Management Inc. now owns 84,044 shares of the semiconductor company’s stock valued at $383,000 after buying an additional 12,637 shares during the period. Hedge funds and other institutional investors own 6.70% of the company’s stock.

AU Optronics Corp (NYSE:AUO) opened at $4.17 on Wednesday. AU Optronics Corp has a twelve month low of $3.52 and a twelve month high of $4.95. The firm has a market cap of $4,003.69, a P/E ratio of 3.33 and a beta of 0.54. The company has a quick ratio of 1.36, a current ratio of 1.57 and a debt-to-equity ratio of 0.46.

AU Optronics (NYSE:AUO) last announced its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.92 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.63. AU Optronics had a net margin of 10.56% and a return on equity of 18.55%. The business had revenue of $87.40 billion for the quarter, compared to analyst estimates of $85.19 billion. During the same period in the prior year, the business posted $0.51 earnings per share. AU Optronics’s revenue was up 1.6% compared to the same quarter last year. equities analysts predict that AU Optronics Corp will post 1.05 EPS for the current fiscal year.

AUO has been the topic of several analyst reports. Zacks Investment Research upgraded shares of AU Optronics from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Drexel Hamilton restated a “hold” rating on shares of AU Optronics in a report on Tuesday, August 8th. ValuEngine upgraded shares of AU Optronics from a “hold” rating to a “buy” rating in a report on Friday, September 22nd. Finally, Morgan Stanley lowered shares of AU Optronics from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 15th. Four research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold”.

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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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