Vanguard Group Inc. raised its stake in shares of AU Optronics Corp (NYSE:AUO) by 11.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,704,659 shares of the semiconductor company’s stock after buying an additional 1,192,399 shares during the period. Vanguard Group Inc.’s holdings in AU Optronics Corp were worth $44,712,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of AUO. Campbell & CO Investment Adviser LLC acquired a new position in shares of AU Optronics Corp during the first quarter valued at about $130,000. Stevens Capital Management LP acquired a new position in shares of AU Optronics Corp during the first quarter valued at about $194,000. Parametric Portfolio Associates LLC increased its position in shares of AU Optronics Corp by 39.7% in the first quarter. Parametric Portfolio Associates LLC now owns 1,670,965 shares of the semiconductor company’s stock valued at $6,383,000 after buying an additional 475,129 shares during the last quarter. Karp Capital Management Corp acquired a new position in shares of AU Optronics Corp during the first quarter valued at about $8,393,000. Finally, World Asset Management Inc increased its position in shares of AU Optronics Corp by 0.5% in the first quarter. World Asset Management Inc now owns 59,701 shares of the semiconductor company’s stock valued at $228,000 after buying an additional 273 shares during the last quarter. Hedge funds and other institutional investors own 8.23% of the company’s stock.

AU Optronics Corp (NYSE:AUO) traded up 3.22% during midday trading on Friday, hitting $3.85. The stock had a trading volume of 3,100,856 shares. The company has a market capitalization of $3.71 billion, a PE ratio of 3.24 and a beta of 0.50. The company’s 50-day moving average price is $4.12 and its 200 day moving average price is $3.99. AU Optronics Corp has a 52 week low of $3.44 and a 52 week high of $4.95.

AU Optronics Corp (NYSE:AUO) last announced its quarterly earnings results on Wednesday, July 26th. The semiconductor company reported $0.34 EPS for the quarter, missing the Zacks’ consensus estimate of $0.36 by $0.02. AU Optronics Corp had a net margin of 9.48% and a return on equity of 17.46%. The firm had revenue of $84.41 billion during the quarter, compared to the consensus estimate of $87.09 billion. During the same quarter in the previous year, the company posted ($0.06) earnings per share. The firm’s revenue was up 5.4% on a year-over-year basis. On average, analysts expect that AU Optronics Corp will post $1.13 EPS for the current year.

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Several equities analysts have issued reports on the company. Zacks Investment Research downgraded AU Optronics Corp from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. BidaskClub upgraded AU Optronics Corp from a “hold” rating to a “buy” rating in a research report on Thursday, June 29th. UBS AG downgraded AU Optronics Corp from a “buy” rating to a “neutral” rating in a research report on Thursday, July 6th. Finally, Credit Suisse Group reiterated a “neutral” rating on shares of AU Optronics Corp in a research report on Wednesday, July 12th. Five equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. AU Optronics Corp currently has an average rating of “Hold” and an average price target of $4.38.

About AU Optronics Corp

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.

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

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