JPMorgan Chase & Co. Has $119,000 Stock Holdings in Himax Technologies, Inc. (NASDAQ:HIMX)

JPMorgan Chase & Co. lessened its holdings in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 91.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,791 shares of the semiconductor company's stock after selling 149,335 shares during the quarter. JPMorgan Chase & Co.'s holdings in Himax Technologies were worth $119,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. SBI Securities Co. Ltd. bought a new stake in shares of Himax Technologies in the 4th quarter worth about $28,000. Signaturefd LLC lifted its position in Himax Technologies by 34.8% during the 4th quarter. Signaturefd LLC now owns 13,437 shares of the semiconductor company's stock worth $108,000 after buying an additional 3,468 shares in the last quarter. Clear Harbor Asset Management LLC lifted its position in Himax Technologies by 2.4% during the 4th quarter. Clear Harbor Asset Management LLC now owns 169,330 shares of the semiconductor company's stock worth $1,361,000 after buying an additional 3,900 shares in the last quarter. GAMMA Investing LLC lifted its position in Himax Technologies by 90.5% during the 4th quarter. GAMMA Investing LLC now owns 10,290 shares of the semiconductor company's stock worth $83,000 after buying an additional 4,888 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in Himax Technologies by 19.7% during the 4th quarter. Rhumbline Advisers now owns 47,516 shares of the semiconductor company's stock worth $382,000 after buying an additional 7,815 shares in the last quarter. Institutional investors own 69.81% of the company's stock.

Himax Technologies Price Performance

NASDAQ HIMX traded up $0.03 on Friday, hitting $7.60. 1,673,260 shares of the company were exchanged, compared to its average volume of 1,826,293. The firm has a 50 day moving average of $7.51 and a two-hundred day moving average of $7.76. The company has a market cap of $1.33 billion, a P/E ratio of 16.89 and a beta of 2.09. 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.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last released its 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 net margin of 8.80% and a return on equity of 9.09%. The company had revenue of $215.13 million for the quarter, compared to the consensus estimate of $207.10 million. During the same period in the prior year, the company posted $0.07 EPS. The company's revenue was up 3.6% compared to the same quarter last year.

Himax Technologies Dividend Announcement

The firm also recently announced 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 is Monday, June 30th. This represents a yield of 3.7%. Himax Technologies's payout ratio is presently 75.51%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HIMX. Morgan Stanley began coverage on shares of Himax Technologies in a research report on Friday. They set an "overweight" rating and a $8.80 price target on the stock. StockNews.com downgraded shares of Himax Technologies from a "buy" rating to a "hold" rating in a research report on Friday, March 7th.

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.