Marshall Wace LLP Has $771,000 Stake in Himax Technologies, Inc. (NASDAQ:HIMX)

Marshall Wace LLP trimmed its holdings in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 59.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 95,952 shares of the semiconductor company's stock after selling 143,379 shares during the period. Marshall Wace LLP owned about 0.05% of Himax Technologies worth $771,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. bought a new stake in Himax Technologies during the 4th quarter worth approximately $164,000. Robeco Institutional Asset Management B.V. increased its position in shares of Himax Technologies by 14.6% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,909,036 shares of the semiconductor company's stock worth $15,349,000 after acquiring an additional 243,178 shares in the last quarter. QRG Capital Management Inc. bought a new stake in Himax Technologies in the 4th quarter valued at $167,000. 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 during the period. Finally, GAMMA Investing LLC raised its stake in shares of Himax Technologies by 90.5% in the 4th quarter. GAMMA Investing LLC now owns 10,290 shares of the semiconductor company's stock valued at $83,000 after purchasing an additional 4,888 shares during the period. 69.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Himax Technologies from a "buy" rating to a "hold" rating in a report on Friday, March 7th.

Himax Technologies Stock Down 0.7 %

HIMX traded down $0.06 during trading hours on Wednesday, hitting $7.46. 1,148,941 shares of the company's stock were exchanged, compared to its average volume of 1,822,233. The stock's 50-day moving average is $7.59 and its two-hundred day moving average is $7.72. The company has a quick ratio of 1.43, a current ratio of 1.65 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 stock has a market cap of $1.30 billion, a price-to-earnings ratio of 16.57 and a beta of 2.09.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.14 EPS for the quarter. Himax Technologies had a return on equity of 9.09% and a net margin of 8.80%. The firm had revenue of $237.22 million during the quarter.

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.