Yorktown Management & Research Co Inc continued to hold its stake in shares of AU Optronics Corp (NYSE:AUO) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,000 shares of the semiconductor company’s stock at the close of the second quarter. Yorktown Management & Research Co Inc’s holdings in AU Optronics Corp were worth $260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in AUO. Diversified Trust Co acquired a new position in shares of AU Optronics Corp during the second quarter valued at $130,000. US Bancorp DE boosted its holdings in shares of AU Optronics Corp by 64.9% during the second quarter. US Bancorp DE now owns 28,514 shares of the semiconductor company’s stock valued at $130,000 after acquiring an additional 11,223 shares during the period. AXA acquired a new position in shares of AU Optronics Corp during the first quarter valued at $142,000. United Capital Financial Advisers LLC boosted its holdings in shares of AU Optronics Corp by 7.6% during the first quarter. United Capital Financial Advisers LLC now owns 43,107 shares of the semiconductor company’s stock valued at $165,000 after acquiring an additional 3,030 shares during the period. Finally, Stevens Capital Management LP acquired a new position in shares of AU Optronics Corp during the first quarter valued at $194,000. 7.44% of the stock is owned by institutional investors.

Several equities analysts have recently issued reports on the stock. Zacks Investment Research raised shares of AU Optronics Corp from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. BidaskClub downgraded shares of AU Optronics Corp from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Drexel Hamilton reissued a “hold” rating on shares of AU Optronics Corp in a report on Tuesday, August 8th. Morgan Stanley downgraded shares of AU Optronics Corp from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 15th. Finally, Bank of America Corporation downgraded shares of AU Optronics Corp from a “neutral” rating to an “underperform” rating in a report on Thursday, July 27th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $4.75.

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Shares of AU Optronics Corp (NYSE:AUO) opened at 4.15 on Monday. The firm has a market cap of $3.99 billion, a P/E ratio of 3.52 and a beta of 0.50. AU Optronics Corp has a 12-month low of $3.44 and a 12-month high of $4.95. The company has a 50-day moving average of $3.97 and a 200 day moving average of $3.99.

AU Optronics Corp (NYSE:AUO) last announced its earnings results on Wednesday, July 26th. The semiconductor company reported $0.34 earnings per share 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 business had revenue of $84.41 billion during the quarter, compared to analyst estimates of $87.09 billion. During the same quarter last year, the business posted ($0.06) earnings per share. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. Equities analysts predict that AU Optronics Corp will post $1.13 EPS for the current year.

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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