Northern Trust Corp Has $7.51 Million Position in AU Optronics Corp (AUO)

Northern Trust Corp lowered its stake in shares of AU Optronics Corp (NYSE:AUO) by 8.9% during the second quarter, Holdings Channel reports. The fund owned 1,775,810 shares of the semiconductor company’s stock after selling 173,257 shares during the quarter. Northern Trust Corp’s holdings in AU Optronics were worth $7,512,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Aperio Group LLC boosted its stake in AU Optronics by 22.3% in the 2nd quarter. Aperio Group LLC now owns 4,243,150 shares of the semiconductor company’s stock worth $17,949,000 after buying an additional 773,744 shares during the last quarter. Cambridge Investment Research Advisors Inc. acquired a new stake in AU Optronics in the 2nd quarter worth about $2,845,000. Schroder Investment Management Group boosted its stake in AU Optronics by 274.8% in the 2nd quarter. Schroder Investment Management Group now owns 694,287 shares of the semiconductor company’s stock worth $2,923,000 after buying an additional 509,044 shares during the last quarter. LMR Partners LLP acquired a new stake in AU Optronics in the 2nd quarter worth about $966,000. Finally, BlackRock Inc. boosted its stake in AU Optronics by 269.2% in the 1st quarter. BlackRock Inc. now owns 77,018 shares of the semiconductor company’s stock worth $352,000 after buying an additional 56,155 shares during the last quarter. 6.37% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:AUO opened at $4.11 on Friday. The company has a current ratio of 1.18, a quick ratio of 0.96 and a debt-to-equity ratio of 0.29. AU Optronics Corp has a 12-month low of $3.67 and a 12-month high of $5.35. The stock has a market capitalization of $3.89 billion, a price-to-earnings ratio of 8.24 and a beta of 1.07.



A number of analysts have issued reports on the company. KGI Securities raised AU Optronics from an “underperform” rating to a “neutral” rating in a research note on Thursday, July 26th. CLSA raised AU Optronics from an “underperform” rating to an “outperform” rating in a research note on Friday, July 27th. Finally, ValuEngine lowered AU Optronics from a “hold” rating to a “sell” rating in a research note on Monday. Three research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. AU Optronics presently has an average rating of “Hold”.

COPYRIGHT VIOLATION WARNING: “Northern Trust Corp Has $7.51 Million Position in AU Optronics Corp (AUO)” was reported by Dakota Financial News and is the property of of Dakota Financial News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://dakotafinancialnews.com/2018/11/16/northern-trust-corp-has-7-51-million-position-in-au-optronics-corp-auo.html.

AU Optronics 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.

Read More: What is Cost of Capital?

Want to see what other hedge funds are holding AUO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AU Optronics Corp (NYSE:AUO).

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

Receive News & Ratings for AU Optronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AU Optronics and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply