Jane Street Group LLC Grows Holdings in Himax Technologies, Inc. (NASDAQ:HIMX)

Jane Street Group LLC increased its holdings in shares of Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 160.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 132,435 shares of the semiconductor company's stock after purchasing an additional 81,535 shares during the quarter. Jane Street Group LLC owned 0.08% of Himax Technologies worth $1,065,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Robeco Institutional Asset Management B.V. increased its position in Himax Technologies by 14.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,909,036 shares of the semiconductor company's stock worth $15,349,000 after purchasing an additional 243,178 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in Himax Technologies by 28.3% during 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. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Himax Technologies by 48.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 493,086 shares of the semiconductor company's stock worth $3,738,000 after purchasing an additional 161,163 shares in the last quarter. Stifel Financial Corp increased its position in 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 purchasing an additional 1,275 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Himax Technologies by 1.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 217,671 shares of the semiconductor company's stock worth $1,750,000 after purchasing an additional 4,143 shares in the last quarter. Institutional investors and hedge funds own 69.81% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on HIMX. Wall Street Zen downgraded shares of Himax Technologies from a "buy" rating to a "hold" rating in a research report 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 Stock Up 5.0%

NASDAQ:HIMX traded up $0.41 during trading hours on Tuesday, hitting $8.62. The stock had a trading volume of 1,778,871 shares, compared to its average volume of 1,845,571. The company has a current ratio of 1.65, a quick ratio of 1.43 and a debt-to-equity ratio of 0.03. Himax Technologies, Inc. has a 1-year low of $5.12 and a 1-year high of $13.91. The business has a 50 day simple moving average of $7.34 and a two-hundred day simple moving average of $7.95. The company has a market cap of $1.51 billion, a PE ratio of 19.16 and a beta of 2.09.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $207.10 million. During the same quarter last year, the company earned $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 company also recently disclosed an annual dividend, which will be paid on Friday, July 11th. Shareholders of record on Monday, June 30th will be given 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 (DPR) is 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.