Quadrant Capital Group LLC Has $557,000 Holdings in AU Optronics Corp (NYSE:AUO)

Quadrant Capital Group LLC lifted its position in shares of AU Optronics Corp (NYSE:AUO) by 94.8% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 153,348 shares of the semiconductor company’s stock after purchasing an additional 74,631 shares during the quarter. Quadrant Capital Group LLC’s holdings in AU Optronics were worth $557,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. D. E. Shaw & Co. Inc. grew its holdings in shares of AU Optronics by 49.2% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 200,377 shares of the semiconductor company’s stock worth $789,000 after purchasing an additional 66,100 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of AU Optronics by 8.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 35,044 shares of the semiconductor company’s stock worth $138,000 after purchasing an additional 2,829 shares during the period. BlackRock Inc. purchased a new stake in shares of AU Optronics during the 3rd quarter worth about $1,694,000. Gotham Asset Management LLC grew its holdings in shares of AU Optronics by 10.3% during the 4th quarter. Gotham Asset Management LLC now owns 143,944 shares of the semiconductor company’s stock worth $567,000 after purchasing an additional 13,500 shares during the period. Finally, Federated Investors Inc. PA purchased a new stake in shares of AU Optronics during the 3rd quarter worth about $181,000. Institutional investors and hedge funds own 6.88% of the company’s stock.

A number of analysts have recently issued reports on the company. Zacks Investment Research upgraded AU Optronics from a “hold” rating to a “buy” rating and set a $4.00 target price for the company in a report on Tuesday, March 26th. Credit Suisse Group upgraded AU Optronics from an “underperform” rating to a “neutral” rating in a report on Thursday, March 21st. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $4.25.

NYSE AUO traded up $0.02 on Wednesday, reaching $2.91. The company had a trading volume of 611,800 shares, compared to its average volume of 938,296. The stock has a market cap of $2.80 billion, a PE ratio of 8.56 and a beta of 0.68. AU Optronics Corp has a 1 year low of $2.87 and a 1 year high of $4.79. The company has a quick ratio of 1.05, a current ratio of 1.30 and a debt-to-equity ratio of 0.34.

AU Optronics (NYSE:AUO) last released its quarterly earnings results on Thursday, April 25th. The semiconductor company reported ($0.12) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.16) by $0.04. The firm had revenue of $66.71 billion during the quarter, compared to analysts’ expectations of $68.07 billion. AU Optronics had a return on equity of 1.03% and a net margin of 0.73%. AU Optronics’s quarterly revenue was down 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 EPS. Sell-side analysts anticipate that AU Optronics Corp will post -0.16 EPS for the current fiscal year.

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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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