Acadian Asset Management LLC grew its stake in shares of AU Optronics Corp (NYSE:AUO) by 0.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,890,244 shares of the semiconductor company’s stock after acquiring an additional 18,823 shares during the period. Acadian Asset Management LLC’s holdings in AU Optronics were worth $20,588,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of AUO. Signaturefd LLC raised its stake in shares of AU Optronics by 26.0% during the second quarter. Signaturefd LLC now owns 73,373 shares of the semiconductor company’s stock valued at $310,000 after acquiring an additional 15,135 shares in the last quarter. BlackRock Inc. raised its stake in shares of AU Optronics by 269.2% during the first quarter. BlackRock Inc. now owns 77,018 shares of the semiconductor company’s stock valued at $352,000 after acquiring an additional 56,155 shares in the last quarter. Wetherby Asset Management Inc. raised its stake in shares of AU Optronics by 17.2% during the second quarter. Wetherby Asset Management Inc. now owns 131,963 shares of the semiconductor company’s stock valued at $558,000 after acquiring an additional 19,367 shares in the last quarter. Greenleaf Trust raised its stake in shares of AU Optronics by 50.2% during the second quarter. Greenleaf Trust now owns 141,360 shares of the semiconductor company’s stock valued at $598,000 after acquiring an additional 47,254 shares in the last quarter. Finally, LMR Partners LLP bought a new stake in shares of AU Optronics during the second quarter valued at approximately $966,000. 6.36% of the stock is owned by hedge funds and other institutional investors.
Several research firms have recently weighed in on AUO. CLSA downgraded shares of AU Optronics from an “outperform” rating to a “sell” rating in a research note on Wednesday. KGI Securities raised shares of AU Optronics from an “underperform” rating to a “neutral” rating in a research note on Thursday, July 26th. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. The stock currently has a consensus rating of “Hold”.
Shares of NYSE:AUO opened at $3.81 on Friday. The company has a market capitalization of $3.67 billion, a P/E ratio of 3.37 and a beta of 1.07. AU Optronics Corp has a 52 week low of $3.67 and a 52 week high of $5.35. The company has a quick ratio of 0.96, a current ratio of 1.18 and a debt-to-equity ratio of 0.29.
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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