Schwab Charles Investment Management Inc. Has $3.66 Million Position in AU Optronics Corp (AUO)

Schwab Charles Investment Management Inc. raised its stake in shares of AU Optronics Corp (NYSE:AUO) by 7.4% in the 3rd quarter, Holdings Channel reports. The firm owned 906,109 shares of the semiconductor company’s stock after purchasing an additional 62,100 shares during the quarter. Schwab Charles Investment Management Inc.’s holdings in AU Optronics were worth $3,661,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Wells Fargo & Company MN raised its position in AU Optronics by 0.9% during the 2nd quarter. Wells Fargo & Company MN now owns 127,957 shares of the semiconductor company’s stock worth $583,000 after purchasing an additional 1,201 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in AU Optronics by 0.5% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,679,460 shares of the semiconductor company’s stock worth $7,658,000 after acquiring an additional 8,495 shares during the period. Wedbush Securities Inc. grew its holdings in AU Optronics by 27.7% during the 3rd quarter. Wedbush Securities Inc. now owns 70,513 shares of the semiconductor company’s stock worth $285,000 after acquiring an additional 15,301 shares during the period. Verition Fund Management LLC grew its holdings in AU Optronics by 102.3% during the 2nd quarter. Verition Fund Management LLC now owns 36,210 shares of the semiconductor company’s stock worth $165,000 after acquiring an additional 18,310 shares during the period. Finally, Tower Research Capital LLC TRC acquired a new stake in AU Optronics during the 2nd quarter worth about $127,000. 6.67% of the stock is owned by institutional investors and hedge funds.

Shares of AU Optronics Corp (AUO) opened at $4.31 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.36 and a debt-to-equity ratio of 0.46. AU Optronics Corp has a 1-year low of $3.60 and a 1-year high of $4.95. The firm has a market capitalization of $4,148.05, a PE ratio of 3.45 and a beta of 0.55.

AU Optronics (NYSE:AUO) last issued its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $0.92 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.63. AU Optronics had a return on equity of 18.55% and a net margin of 10.56%. The firm had revenue of $87.40 billion during the quarter, compared to the consensus estimate of $85.19 billion. During the same period last year, the business posted $0.51 EPS. The business’s revenue was up 1.6% compared to the same quarter last year. sell-side analysts predict that AU Optronics Corp will post 1.12 earnings per share for the current year.

AUO has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded AU Optronics from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. ValuEngine upgraded AU Optronics from a “hold” rating to a “buy” rating in a report on Friday, September 22nd. Four analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold”.

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AU Optronics Profile

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 (NYSE:AUO)

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