AU Optronics Corp (AUO) Shares Sold by First Trust Advisors LP

First Trust Advisors LP reduced its holdings in AU Optronics Corp (NYSE:AUO) by 48.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,646 shares of the semiconductor company’s stock after selling 28,396 shares during the quarter. First Trust Advisors LP’s holdings in AU Optronics were worth $130,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Aperio Group LLC grew its position in shares of AU Optronics by 22.3% in the second quarter. Aperio Group LLC now owns 4,243,150 shares of the semiconductor company’s stock valued at $17,949,000 after purchasing an additional 773,744 shares during the last quarter. Northern Trust Corp grew its position in shares of AU Optronics by 81.2% in the first quarter. Northern Trust Corp now owns 1,949,067 shares of the semiconductor company’s stock valued at $8,907,000 after purchasing an additional 873,584 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in shares of AU Optronics by 9.6% in the first quarter. Schwab Charles Investment Management Inc. now owns 1,071,134 shares of the semiconductor company’s stock valued at $4,896,000 after purchasing an additional 93,725 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of AU Optronics by 63.7% in the first quarter. Wells Fargo & Company MN now owns 681,052 shares of the semiconductor company’s stock valued at $3,113,000 after purchasing an additional 265,094 shares during the last quarter. Finally, Guggenheim Capital LLC grew its position in shares of AU Optronics by 16.9% in the first quarter. Guggenheim Capital LLC now owns 350,315 shares of the semiconductor company’s stock valued at $1,601,000 after purchasing an additional 50,621 shares during the last quarter. 6.29% of the stock is currently owned by institutional investors.

Several brokerages have recently issued reports on AUO. KGI Securities raised AU Optronics from an “underperform” rating to a “neutral” rating in a research report on Thursday, July 26th. ValuEngine downgraded AU Optronics from a “buy” rating to a “hold” rating in a research report on Friday, June 1st. CLSA raised AU Optronics from an “underperform” rating to an “outperform” rating in a research report on Friday, July 27th. Finally, Morgan Stanley downgraded AU Optronics from an “overweight” rating to an “equal” rating in a research report on Monday, June 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold”.

AUO stock opened at $4.13 on Thursday. AU Optronics Corp has a twelve month low of $3.82 and a twelve month high of $5.35. The stock has a market cap of $3.99 billion, a P/E ratio of 3.68 and a beta of 0.86. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.96 and a current ratio of 1.15.

AU Optronics (NYSE:AUO) last released its earnings results on Thursday, July 26th. The semiconductor company reported $0.04 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.04. AU Optronics had a return on equity of 8.53% and a net margin of 5.87%. The business had revenue of $75.05 billion for the quarter, compared to the consensus estimate of $72.84 billion. During the same period last year, the business earned $1.02 earnings per share. The firm’s revenue for the quarter was down 11.1% compared to the same quarter last year.

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

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