Himax Technologies, Inc. (NASDAQ:HIMX) Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its position in Himax Technologies, Inc. (NASDAQ:HIMX) by 32.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,665,858 shares of the semiconductor company’s stock after purchasing an additional 407,400 shares during the period. Robeco Institutional Asset Management B.V. owned 0.95% of Himax Technologies worth $9,162,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Summit Securities Group LLC lifted its holdings in Himax Technologies by 1,400.0% during the 2nd quarter. Summit Securities Group LLC now owns 4,500 shares of the semiconductor company’s stock worth $36,000 after buying an additional 4,200 shares during the last quarter. Blue Trust Inc. lifted its stake in Himax Technologies by 77,712.5% during the second quarter. Blue Trust Inc. now owns 6,225 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 6,217 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Himax Technologies by 56.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 6,897 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 2,487 shares during the period. Susquehanna Fundamental Investments LLC bought a new stake in Himax Technologies during the second quarter valued at $79,000. Finally, Aprio Wealth Management LLC acquired a new stake in shares of Himax Technologies during the third quarter worth $56,000. 69.81% of the stock is currently owned by institutional investors and hedge funds.

Himax Technologies Stock Down 3.0 %

Shares of Himax Technologies stock opened at $5.77 on Friday. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 13.42 and a beta of 2.10. Himax Technologies, Inc. has a twelve month low of $4.80 and a twelve month high of $8.73. The company has a current ratio of 1.58, a quick ratio of 1.32 and a debt-to-equity ratio of 0.04. The business’s 50 day simple moving average is $5.78 and its 200-day simple moving average is $6.30.

Himax Technologies (NASDAQ:HIMX) last issued its earnings results on Friday, August 9th. The semiconductor company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.02. Himax Technologies had a return on equity of 8.94% and a net margin of 8.42%. The firm had revenue of $239.60 million for the quarter, compared to analyst estimates of $232.78 million. During the same period last year, the company earned $0.01 earnings per share. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Himax Technologies from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd.

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.