Robeco Institutional Asset Management B.V. grew its holdings in shares of Himax Technologies, Inc. (NASDAQ:HIMX – Free Report) by 55.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,459,823 shares of the semiconductor company’s stock after acquiring an additional 1,229,032 shares during the period. Robeco Institutional Asset Management B.V. owned about 1.98% of Himax Technologies worth $30,896,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its stake in shares of Himax Technologies by 42,262.5% during the first quarter. Caitong International Asset Management Co. Ltd now owns 3,389 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 3,381 shares in the last quarter. Wealthquest Corp acquired a new stake in shares of Himax Technologies during the first quarter valued at about $27,000. USA Financial Formulas acquired a new stake in shares of Himax Technologies during the second quarter valued at about $32,000. JNBA Financial Advisors acquired a new stake in shares of Himax Technologies during the first quarter valued at about $33,000. Finally, GAMMA Investing LLC grew its stake in shares of Himax Technologies by 20.9% during the first quarter. GAMMA Investing LLC now owns 12,444 shares of the semiconductor company’s stock valued at $91,000 after acquiring an additional 2,154 shares in the last quarter. 69.81% of the stock is currently owned by institutional investors and hedge funds.
Himax Technologies Stock Down 0.5%
NASDAQ:HIMX opened at $8.63 on Friday. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 20.55 and a beta of 2.31. Himax Technologies, Inc. has a one year low of $5.12 and a one year high of $13.91. The stock has a 50-day simple moving average of $8.28 and a 200 day simple moving average of $8.21. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.37 and a current ratio of 1.54.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “hold (c)” rating on shares of Himax Technologies in a research note on Saturday, September 27th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $11.90.
Check Out Our Latest Stock Analysis on Himax Technologies
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.
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