Parallel Advisors LLC Increases Position in Himax Technologies, Inc. (NASDAQ:HIMX)

Parallel Advisors LLC raised its position in shares of Himax Technologies, Inc. (NASDAQ:HIMXFree Report) by 62.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,880 shares of the semiconductor company’s stock after purchasing an additional 4,203 shares during the period. Parallel Advisors LLC’s holdings in Himax Technologies were worth $66,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of HIMX. Qube Research & Technologies Ltd raised its stake in shares of Himax Technologies by 3,641.6% during the third quarter. Qube Research & Technologies Ltd now owns 394,851 shares of the semiconductor company’s stock worth $2,306,000 after acquiring an additional 384,298 shares in the last quarter. Jump Financial LLC raised its position in Himax Technologies by 55.2% in the 4th quarter. Jump Financial LLC now owns 139,338 shares of the semiconductor company’s stock worth $846,000 after purchasing an additional 49,538 shares during the period. Citigroup Inc. lifted its stake in Himax Technologies by 24.0% in the third quarter. Citigroup Inc. now owns 45,733 shares of the semiconductor company’s stock worth $267,000 after purchasing an additional 8,856 shares during the last quarter. Quadrant Capital Group LLC boosted its position in Himax Technologies by 42.4% during the fourth quarter. Quadrant Capital Group LLC now owns 35,175 shares of the semiconductor company’s stock valued at $214,000 after buying an additional 10,476 shares during the period. Finally, Scotia Capital Inc. increased its holdings in shares of Himax Technologies by 11.7% in the third quarter. Scotia Capital Inc. now owns 71,700 shares of the semiconductor company’s stock worth $419,000 after buying an additional 7,500 shares during the period. Institutional investors own 69.81% of the company’s stock.

Himax Technologies Trading Up 0.5 %

NASDAQ HIMX opened at $6.64 on Friday. The firm has a market cap of $1.16 billion, a PE ratio of 24.59 and a beta of 2.13. Himax Technologies, Inc. has a 1-year low of $4.80 and a 1-year high of $7.70. The stock has a 50-day moving average of $5.70 and a 200-day moving average of $5.75. The company has a current ratio of 1.68, a quick ratio of 1.40 and a debt-to-equity ratio of 0.04.

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

Himax Technologies Cuts Dividend

The company also recently declared an annual dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be issued a $0.29 dividend. This represents a yield of 5.09%. The ex-dividend date of this dividend is Friday, June 28th. Himax Technologies’s dividend payout ratio (DPR) is presently 174.08%.

Himax Technologies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Himax Technologies (NASDAQ:HIMX)

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