Himax Technologies, Inc. (NASDAQ:HIMX) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its holdings in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 16.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,230,791 shares of the semiconductor company's stock after purchasing an additional 321,755 shares during the period. Robeco Institutional Asset Management B.V. owned about 1.28% of Himax Technologies worth $16,396,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Lazard Asset Management LLC boosted its stake in Himax Technologies by 2.7% in the fourth quarter. Lazard Asset Management LLC now owns 4,357,482 shares of the semiconductor company's stock valued at $35,033,000 after acquiring an additional 116,088 shares in the last quarter. Point72 Asset Management L.P. increased its holdings in shares of Himax Technologies by 346.1% during the fourth quarter. Point72 Asset Management L.P. now owns 3,874,811 shares of the semiconductor company's stock valued at $31,153,000 after acquiring an additional 3,006,311 shares in the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of Himax Technologies in the 4th quarter valued at approximately $18,431,000. Two Sigma Advisers LP boosted its stake in Himax Technologies by 25.8% in the 4th quarter. Two Sigma Advisers LP now owns 916,000 shares of the semiconductor company's stock worth $7,365,000 after purchasing an additional 187,600 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Himax Technologies by 28.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 694,445 shares of the semiconductor company's stock worth $5,583,000 after purchasing an additional 152,982 shares in the last quarter. 69.81% of the stock is currently owned by institutional investors.

Himax Technologies Stock Performance

Shares of NASDAQ:HIMX traded up $0.22 during midday trading on Wednesday, reaching $9.15. The company's stock had a trading volume of 793,657 shares, compared to its average volume of 2,642,034. The firm has a market capitalization of $1.60 billion, a PE ratio of 18.68 and a beta of 2.15. The stock has a fifty day moving average of $8.33 and a 200 day moving average of $8.47. The company has a quick ratio of 1.52, a current ratio of 1.71 and a debt-to-equity ratio of 0.03. Himax Technologies, Inc. has a twelve month low of $5.12 and a twelve month high of $13.91.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.01. Himax Technologies had a return on equity of 9.83% and a net margin of 9.54%. The company had revenue of $215.13 million during the quarter, compared to the consensus estimate of $207.10 million. During the same period in the previous year, the company posted $0.07 earnings per share. Himax Technologies's revenue for the quarter was up 3.6% on a year-over-year basis.

Himax Technologies Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Friday, July 11th. Shareholders of record on Monday, June 30th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a yield of 3.7%. Himax Technologies's dividend payout ratio is currently 73.47%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Wall Street Zen downgraded Himax Technologies from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. Morgan Stanley began coverage on Himax Technologies in a research note on Friday, May 9th. They set an "overweight" rating and a $8.80 price target on the stock.

Himax Technologies Company 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.