Shares of AU Optronics Corp (NYSE:AUO) have been assigned an average rating of “Hold” from the twelve research firms that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have given a buy recommendation to the company.

AUO has been the topic of several research reports. BidaskClub downgraded shares of AU Optronics Corp from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Zacks Investment Research raised shares of AU Optronics Corp from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. UBS AG downgraded shares of AU Optronics Corp from a “buy” rating to a “neutral” rating in a research note on Thursday, July 6th. Credit Suisse Group reissued a “neutral” rating on shares of AU Optronics Corp in a research note on Wednesday, July 12th. Finally, Drexel Hamilton reissued a “hold” rating on shares of AU Optronics Corp in a research note on Tuesday, August 8th.

Several large investors have recently bought and sold shares of the company. Morgan Stanley raised its stake in AU Optronics Corp by 690.1% during the first quarter. Morgan Stanley now owns 2,586,406 shares of the semiconductor company’s stock worth $9,880,000 after purchasing an additional 2,259,044 shares during the period. Renaissance Technologies LLC raised its stake in AU Optronics Corp by 22.7% during the second quarter. Renaissance Technologies LLC now owns 10,440,384 shares of the semiconductor company’s stock worth $47,608,000 after purchasing an additional 1,929,700 shares during the period. Vanguard Group Inc. raised its stake in AU Optronics Corp by 11.3% during the first quarter. Vanguard Group Inc. now owns 11,704,659 shares of the semiconductor company’s stock worth $44,712,000 after purchasing an additional 1,192,399 shares during the period. JPMorgan Chase & Co. raised its stake in AU Optronics Corp by 776.6% during the first quarter. JPMorgan Chase & Co. now owns 1,217,513 shares of the semiconductor company’s stock worth $4,651,000 after purchasing an additional 1,078,617 shares during the period. Finally, Aperio Group LLC raised its stake in AU Optronics Corp by 38.0% during the second quarter. Aperio Group LLC now owns 3,031,778 shares of the semiconductor company’s stock worth $13,825,000 after purchasing an additional 834,713 shares during the period. 7.41% of the stock is currently owned by hedge funds and other institutional investors.

AU Optronics Corp (NYSE:AUO) last posted its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $0.92 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.63. The firm had revenue of $87.40 billion for the quarter, compared to the consensus estimate of $85.19 billion. AU Optronics Corp had a net margin of 10.56% and a return on equity of 18.22%. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period last year, the firm posted $0.51 earnings per share.

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About AU Optronics Corp

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.

Analyst Recommendations for AU Optronics Corp (NYSE:AUO)

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