AU Optronics Corp (AUO) Shares Sold by World Asset Management Inc

World Asset Management Inc trimmed its position in AU Optronics Corp (NYSE:AUO) by 40.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,564 shares of the semiconductor company’s stock after selling 9,925 shares during the period. World Asset Management Inc’s holdings in AU Optronics were worth $57,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Renaissance Technologies LLC boosted its stake in AU Optronics by 5.7% during the 3rd quarter. Renaissance Technologies LLC now owns 12,254,396 shares of the semiconductor company’s stock valued at $51,591,000 after purchasing an additional 665,996 shares during the last quarter. Acadian Asset Management LLC boosted its stake in AU Optronics by 0.4% during the 3rd quarter. Acadian Asset Management LLC now owns 4,890,244 shares of the semiconductor company’s stock valued at $20,588,000 after purchasing an additional 18,823 shares during the last quarter. Aperio Group LLC boosted its stake in shares of AU Optronics by 10.5% in the 3rd quarter. Aperio Group LLC now owns 4,689,446 shares of the semiconductor company’s stock worth $19,743,000 after buying an additional 446,296 shares during the last quarter. Morgan Stanley boosted its stake in shares of AU Optronics by 54.9% in the 3rd quarter. Morgan Stanley now owns 1,085,944 shares of the semiconductor company’s stock worth $4,572,000 after buying an additional 385,046 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of AU Optronics by 6.3% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 714,689 shares of the semiconductor company’s stock worth $3,009,000 after buying an additional 42,212 shares during the last quarter. 6.67% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE AUO opened at $3.72 on Friday. AU Optronics Corp has a twelve month low of $3.67 and a twelve month high of $5.06. The company has a market capitalization of $3.61 billion, a PE ratio of 10.71 and a beta of 0.85. The company has a current ratio of 1.16, a quick ratio of 0.96 and a debt-to-equity ratio of 0.26.

A number of equities analysts have recently weighed in on AUO shares. Zacks Investment Research downgraded AU Optronics from a “buy” rating to a “hold” rating in a research note on Thursday, January 31st. CLSA downgraded AU Optronics from an “outperform” rating to a “sell” rating in a research note on Wednesday, October 31st. Finally, ValuEngine downgraded AU Optronics from a “hold” rating to a “sell” rating in a research note on Monday, November 12th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. AU Optronics presently has a consensus rating of “Hold”.

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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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