Jane Street Group LLC Has $1.07 Million Holdings in Himax Technologies, Inc. (NASDAQ:HIMX)

Jane Street Group LLC grew its holdings in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 160.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 132,435 shares of the semiconductor company's stock after purchasing an additional 81,535 shares during the period. Jane Street Group LLC owned about 0.08% of Himax Technologies worth $1,065,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HIMX. Robeco Institutional Asset Management B.V. increased its holdings in shares of Himax Technologies by 14.6% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,909,036 shares of the semiconductor company's stock valued at $15,349,000 after purchasing an additional 243,178 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Himax Technologies by 48.6% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 493,086 shares of the semiconductor company's stock valued at $3,738,000 after purchasing an additional 161,163 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Himax Technologies by 28.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 694,445 shares of the semiconductor company's stock valued at $5,583,000 after purchasing an additional 152,982 shares during the last quarter. E Fund Management Co. Ltd. acquired a new position in shares of Himax Technologies in the fourth quarter valued at $455,000. Finally, Wedbush Securities Inc. bought a new stake in shares of Himax Technologies in the fourth quarter valued at about $201,000. 69.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. 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 target price for the company. StockNews.com cut shares of Himax Technologies from a "buy" rating to a "hold" rating in a research report on Friday, March 7th.

Himax Technologies Stock Performance

NASDAQ:HIMX opened at $8.23 on Thursday. The company has a market capitalization of $1.44 billion, a PE ratio of 18.29 and a beta of 2.09. Himax Technologies, Inc. has a fifty-two week low of $5.12 and a fifty-two week high of $13.91. The company has a 50 day simple moving average of $7.40 and a two-hundred day simple moving average of $7.87. 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 issued its earnings results on Thursday, May 8th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The company had revenue of $215.13 million for the quarter, compared to analysts' expectations of $207.10 million. Himax Technologies had a return on equity of 9.09% and a net margin of 8.80%. Himax Technologies's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period last year, the business earned $0.07 EPS.

Himax Technologies Dividend Announcement

The business also recently announced an annual dividend, which will be paid on Friday, July 11th. Investors of record on Monday, June 30th will be paid a $0.29 dividend. This represents a yield of 3.7%. The ex-dividend date is Monday, June 30th. Himax Technologies's dividend payout ratio is currently 148.98%.

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.

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