Himax Technologies, Inc. (NASDAQ:HIMX) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC reduced its stake in Himax Technologies, Inc. (NASDAQ:HIMX) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 641,595 shares of the semiconductor company’s stock after selling 40,552 shares during the period. Renaissance Technologies LLC owned 0.37% of Himax Technologies worth $5,158,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Himax Technologies by 14.6% in 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 during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Himax Technologies by 28.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 694,445 shares of the semiconductor company’s stock valued at $5,583,000 after acquiring an additional 152,982 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Himax Technologies by 48.6% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 493,086 shares of the semiconductor company’s stock worth $3,738,000 after acquiring an additional 161,163 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Himax Technologies by 1.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 217,671 shares of the semiconductor company’s stock worth $1,750,000 after acquiring an additional 4,143 shares during the period. Finally, Clear Harbor Asset Management LLC lifted its position in Himax Technologies by 2.4% in the 4th quarter. Clear Harbor Asset Management LLC now owns 169,330 shares of the semiconductor company’s stock valued at $1,361,000 after purchasing an additional 3,900 shares during the last quarter. 69.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Himax Technologies from a “buy” rating to a “hold” rating in a research report on Friday, March 7th.

Himax Technologies Stock Up 0.2 %

HIMX opened at $6.47 on Monday. The stock’s 50 day moving average price is $8.44 and its 200 day moving average price is $7.66. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.65 and a quick ratio of 1.43. The stock has a market cap of $1.13 billion, a P/E ratio of 14.37 and a beta of 2.11. Himax Technologies, Inc. has a 12 month low of $4.84 and a 12 month high of $13.91.

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

About Himax Technologies

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.