D. E. Shaw & Co. Inc. Sells 392,527 Shares of Himax Technologies, Inc. (NASDAQ:HIMX)

D. E. Shaw & Co. Inc. reduced its holdings in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 79.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 102,591 shares of the semiconductor company's stock after selling 392,527 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.06% of Himax Technologies worth $825,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new stake in shares of Himax Technologies in the 4th quarter valued at $28,000. Barclays PLC boosted its position in Himax Technologies by 38.8% in the fourth quarter. Barclays PLC now owns 4,248 shares of the semiconductor company's stock valued at $34,000 after buying an additional 1,187 shares in the last quarter. Foster Group Inc. bought a new stake in Himax Technologies during the fourth quarter worth about $100,000. Raymond James Financial Inc. acquired a new stake in shares of Himax Technologies during the fourth quarter worth approximately $106,000. Finally, Orion Portfolio Solutions LLC bought a new position in shares of Himax Technologies in the fourth quarter valued at approximately $107,000. 69.81% of the stock is currently owned by institutional investors and hedge funds.

Himax Technologies Trading Down 0.7%

HIMX stock traded down $0.06 during midday trading on Thursday, hitting $8.34. 1,222,035 shares of the company's stock were exchanged, compared to its average volume of 1,850,874. Himax Technologies, Inc. has a one year low of $5.12 and a one year high of $13.91. The stock's fifty day moving average price is $7.34 and its 200-day moving average price is $7.97. The company has a market cap of $1.46 billion, a PE ratio of 18.53 and a beta of 2.09. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.43 and a current ratio of 1.65.

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, beating the consensus estimate of $0.10 by $0.01. The business had revenue of $215.13 million for the quarter, compared to analysts' expectations of $207.10 million. Himax Technologies had a net margin of 8.80% and a return on equity of 9.09%. The firm's revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.07 EPS.

Himax Technologies Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, July 11th. Stockholders of record on Monday, June 30th will be given a $0.29 dividend. This represents a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, June 30th. Himax Technologies's dividend payout ratio (DPR) is presently 148.98%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Wall Street Zen lowered Himax Technologies from a "buy" rating to a "hold" rating in a research note on Friday, March 7th. Morgan Stanley started coverage on shares of Himax Technologies in a research report on Friday, May 9th. They issued an "overweight" rating and a $8.80 price objective for the company.

Himax Technologies Profile

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.