Robeco Institutional Asset Management B.V. Decreases Stake in Himax Technologies, Inc. (NASDAQ:HIMX)

Robeco Institutional Asset Management B.V. cut its holdings in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 25.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 564,445 shares of the semiconductor company's stock after selling 192,898 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.32% of Himax Technologies worth $3,426,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Qube Research & Technologies Ltd grew its position in shares of Himax Technologies by 3,641.6% in the 3rd quarter. Qube Research & Technologies Ltd now owns 394,851 shares of the semiconductor company's stock worth $2,306,000 after buying an additional 384,298 shares during the period. Citigroup Inc. grew its position in Himax Technologies by 24.0% during the 3rd quarter. Citigroup Inc. now owns 45,733 shares of the semiconductor company's stock valued at $267,000 after purchasing an additional 8,856 shares during the last quarter. Jump Financial LLC grew its position in Himax Technologies by 55.2% during the 4th quarter. Jump Financial LLC now owns 139,338 shares of the semiconductor company's stock valued at $846,000 after purchasing an additional 49,538 shares during the last quarter. Scotia Capital Inc. grew its position in Himax Technologies by 11.7% during the 3rd quarter. Scotia Capital Inc. now owns 71,700 shares of the semiconductor company's stock valued at $419,000 after purchasing an additional 7,500 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its position in Himax Technologies by 42.4% during the 4th quarter. Quadrant Capital Group LLC now owns 35,175 shares of the semiconductor company's stock valued at $214,000 after purchasing an additional 10,476 shares during the last quarter. 69.81% of the stock is owned by hedge funds and other institutional investors.

Himax Technologies Stock Up 1.7 %

HIMX stock traded up $0.11 during trading on Wednesday, hitting $6.65. 477,271 shares of the stock traded hands, compared to its average volume of 723,470. Himax Technologies, Inc. has a 1 year low of $4.80 and a 1 year high of $7.70. The firm's 50 day moving average is $5.44 and its two-hundred day moving average is $5.69. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 24.63 and a beta of 2.02. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.68 and a quick ratio of 1.40.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last announced its quarterly earnings data on Thursday, May 9th. The semiconductor company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. Himax Technologies had a net margin of 5.30% and a return on equity of 5.66%. The company had revenue of $207.60 million for the quarter, compared to the consensus estimate of $203.40 million. During the same period in the prior year, the firm posted $0.12 EPS. Himax Technologies's revenue for the quarter was down 15.0% on a year-over-year basis.

Himax Technologies Cuts Dividend

The business also recently announced an annual dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.29 per share. This represents a yield of 5.09%. The ex-dividend date of this dividend is Friday, June 28th. Himax Technologies's dividend payout ratio is currently 174.08%.

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.