Barclays PLC Acquires 1,187 Shares of Himax Technologies, Inc. (NASDAQ:HIMX)

Barclays PLC raised its position in Himax Technologies, Inc. (NASDAQ:HIMX) by 38.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,248 shares of the semiconductor company’s stock after acquiring an additional 1,187 shares during the quarter. Barclays PLC’s holdings in Himax Technologies were worth $34,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HIMX. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Himax Technologies during the fourth quarter valued at approximately $164,000. Robeco Institutional Asset Management B.V. grew its holdings in shares of Himax Technologies by 14.6% in 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 during the period. QRG Capital Management Inc. bought a new position in shares of Himax Technologies in the 4th quarter worth approximately $167,000. Arrowstreet Capital Limited Partnership increased its stake in shares of 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 in the last quarter. Finally, E Fund Management Co. Ltd. purchased a new stake in Himax Technologies in the fourth quarter worth about $455,000. 69.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

HIMX has been the topic of several research analyst reports. Morgan Stanley assumed coverage on Himax Technologies in a research report on Friday, May 9th. They issued an “overweight” rating and a $8.80 price objective on the stock. StockNews.com lowered Himax Technologies from a “buy” rating to a “hold” rating in a research report on Friday, March 7th.

Himax Technologies Stock Down 0.7%

Shares of HIMX stock opened at $8.44 on Friday. The stock’s 50-day simple moving average is $7.43 and its 200-day simple moving average is $7.80. The firm has a market capitalization of $1.48 billion, a PE ratio of 18.76 and a beta of 2.09. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.43 and a current ratio of 1.65. Himax Technologies, Inc. has a fifty-two week low of $5.12 and a fifty-two week high of $13.91.

Himax Technologies (NASDAQ:HIMX) last announced its quarterly earnings results on Thursday, May 8th. The semiconductor company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Himax Technologies had a return on equity of 9.09% and a net margin of 8.80%. The firm had revenue of $215.13 million during the quarter, compared to analyst estimates of $207.10 million. During the same quarter in the previous year, the business earned $0.07 EPS. Himax Technologies’s revenue for the quarter was up 3.6% compared to the same quarter last year.

Himax Technologies Announces Dividend

The business also recently announced an annual dividend, which will be paid on Friday, July 11th. Shareholders of record on Monday, June 30th will be paid a $0.29 dividend. This represents a dividend yield of 3.7%. The ex-dividend date is Monday, June 30th. Himax Technologies’s dividend payout ratio (DPR) is presently 75.51%.

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.