BNP Paribas Financial Markets lessened its stake in shares of Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 74.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 77,104 shares of the semiconductor company's stock after selling 219,106 shares during the period. BNP Paribas Financial Markets' holdings in Himax Technologies were worth $620,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC lifted its position in shares of Himax Technologies by 160.2% in the fourth quarter. Jane Street Group LLC now owns 132,435 shares of the semiconductor company's stock worth $1,065,000 after buying an additional 81,535 shares in the last quarter. Northern Trust Corp increased its stake in Himax Technologies by 19.3% in the 4th quarter. Northern Trust Corp now owns 17,439 shares of the semiconductor company's stock worth $140,000 after acquiring an additional 2,823 shares during the last quarter. Stifel Financial Corp raised its holdings in shares of Himax Technologies by 0.3% during the 4th quarter. Stifel Financial Corp now owns 471,801 shares of the semiconductor company's stock worth $3,793,000 after acquiring an additional 1,275 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Himax Technologies by 135.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 22,679 shares of the semiconductor company's stock worth $182,000 after acquiring an additional 13,028 shares in the last quarter. Finally, PEAK6 LLC bought a new position in shares of Himax Technologies during the 4th quarter valued at approximately $107,000. Hedge funds and other institutional investors own 69.81% of the company's stock.
Himax Technologies Trading Up 5.0%
Shares of Himax Technologies stock traded up $0.41 on Tuesday, reaching $8.62. The company had a trading volume of 1,778,871 shares, compared to its average volume of 1,845,557. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 19.16 and a beta of 2.09. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.65 and a quick ratio of 1.43. The firm's 50-day moving average price is $7.34 and its two-hundred day moving average price is $7.95. Himax Technologies, Inc. has a 1 year low of $5.12 and a 1 year high of $13.91.
Himax Technologies (NASDAQ:HIMX - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The semiconductor company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Himax Technologies had a net margin of 8.80% and a return on equity of 9.09%. The company had revenue of $215.13 million during the quarter, compared to analyst estimates of $207.10 million. During the same period in the previous year, the firm earned $0.07 earnings per share. Himax Technologies's quarterly revenue was up 3.6% compared to the same quarter last year.
Himax Technologies Announces Dividend
The company also recently declared an annual dividend, which will be paid on Friday, July 11th. Investors of record on Monday, June 30th will be issued a dividend of $0.29 per share. The ex-dividend date is Monday, June 30th. This represents a yield of 3.7%. Himax Technologies's payout ratio is 148.98%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on HIMX shares. Morgan Stanley assumed coverage on shares of Himax Technologies in a research report on Friday, May 9th. They issued an "overweight" rating and a $8.80 price target on the stock. Wall Street Zen downgraded shares of Himax Technologies from a "buy" rating to a "hold" rating in a report on Friday, March 7th.
Check Out Our Latest Report on HIMX
Himax Technologies Profile
(
Free Report)
Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products.
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