Himax Technologies, Inc. (NASDAQ:HIMX) Stock Position Raised by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership raised its holdings in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 28.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 694,445 shares of the semiconductor company's stock after acquiring an additional 152,982 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.40% of Himax Technologies worth $5,583,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Robeco Institutional Asset Management B.V. boosted its stake in shares of Himax Technologies by 14.6% during 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 acquiring an additional 243,178 shares in the last quarter. Point72 Asset Management L.P. boosted its position in shares of Himax Technologies by 49.6% in the 3rd quarter. Point72 Asset Management L.P. now owns 868,500 shares of the semiconductor company's stock valued at $4,777,000 after purchasing an additional 288,000 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Himax Technologies by 48.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 493,086 shares of the semiconductor company's stock valued at $3,738,000 after purchasing an additional 161,163 shares during the period. Stifel Financial Corp raised its holdings in Himax Technologies by 4.8% during the 3rd quarter. Stifel Financial Corp now owns 470,526 shares of the semiconductor company's stock worth $2,588,000 after buying an additional 21,607 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in Himax Technologies during the 3rd quarter worth about $1,125,000. Institutional investors own 69.81% of the company's stock.

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Himax Technologies Stock Up 2.8 %

NASDAQ HIMX traded up $0.17 during trading on Friday, reaching $6.32. 1,128,278 shares of the company's stock were exchanged, compared to its average volume of 1,778,840. The company has a current ratio of 1.65, a quick ratio of 1.43 and a debt-to-equity ratio of 0.03. Himax Technologies, Inc. has a fifty-two week low of $4.80 and a fifty-two week high of $13.91. The company's fifty day simple moving average is $8.76 and its 200-day simple moving average is $7.61. The firm has a market capitalization of $1.10 billion, a PE ratio of 14.04 and a beta of 2.11.

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

Analysts Set New Price Targets

HIMX has been the topic of several analyst reports. StockNews.com downgraded shares of Himax Technologies from a "buy" rating to a "hold" rating in a research report on Friday, March 7th. Robert W. Baird boosted their target price on shares of Himax Technologies from $7.00 to $15.00 and gave the company an "outperform" rating in a research note on Friday, December 13th.

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.