AU Optronics (NYSE:AUO) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

According to Zacks, “Au Optronics is a world-leading manufacturer of large-size thin film transistor liquid crystal display panels, which are currently the most widely used flat panel display technology. They are used in notebook computers, desktop monitors, televisions, digital cameras, DVD players, PDAs, mobile phones, portable games, and car navigation systems, among other applications. “

Separately, Credit Suisse Group raised AU Optronics from an “underperform” rating to a “neutral” rating in a research note on Thursday, March 21st. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. AU Optronics has an average rating of “Hold” and an average price target of $4.00.

Shares of NYSE AUO opened at $3.63 on Wednesday. AU Optronics has a twelve month low of $3.35 and a twelve month high of $4.79. The company has a quick ratio of 0.95, a current ratio of 1.16 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $3.51 billion, a PE ratio of 10.68 and a beta of 0.72.

AU Optronics (NYSE:AUO) last issued its quarterly earnings data on Tuesday, January 29th. The semiconductor company reported $0.01 earnings per share for the quarter. AU Optronics had a return on equity of 4.64% and a net margin of 3.33%. The business had revenue of $2.52 billion during the quarter. As a group, research analysts anticipate that AU Optronics will post -0.38 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in the stock. Millennium Management LLC boosted its holdings in AU Optronics by 38.1% in the fourth quarter. Millennium Management LLC now owns 20,088 shares of the semiconductor company’s stock valued at $79,000 after purchasing an additional 5,538 shares during the period. Gotham Asset Management LLC boosted its holdings in AU Optronics by 10.3% in the fourth quarter. Gotham Asset Management LLC now owns 143,944 shares of the semiconductor company’s stock valued at $567,000 after purchasing an additional 13,500 shares during the period. Candriam Luxembourg S.C.A. purchased a new position in AU Optronics in the fourth quarter valued at $380,000. D. E. Shaw & Co. Inc. boosted its holdings in AU Optronics by 49.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 200,377 shares of the semiconductor company’s stock valued at $789,000 after purchasing an additional 66,100 shares during the period. Finally, Susquehanna Fundamental Investments LLC purchased a new position in AU Optronics in the fourth quarter valued at $73,000. Hedge funds and other institutional investors own 6.85% of the company’s stock.

AU Optronics Company Profile

AU Optronics Corp. researches, develops, produces, and sells thin film transistor liquid crystal displays and other flat panel displays. The company operates through two segments, Display and Solar. The Display segment designs, develops, manufactures, assembles, and markets flat panel displays for use in televisions (TVs), TV sets, and other related products; desktop monitors; mobile PCs, such as notebooks and tablets; mobile phones; and commercial and other applications, including displays for automobiles, industrial PCs, automated teller machines, point of sale terminals, pachinko machines, medical equipment, and others.

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