LMR Partners LLP Buys Shares of 27,752 Himax Technologies, Inc. (NASDAQ:HIMX)

LMR Partners LLP bought a new position in Himax Technologies, Inc. (NASDAQ:HIMX) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 27,752 shares of the semiconductor company’s stock, valued at approximately $153,000.

Other large investors also recently made changes to their positions in the company. Lazard Asset Management LLC boosted its position in shares of Himax Technologies by 5.6% during the first quarter. Lazard Asset Management LLC now owns 4,592,705 shares of the semiconductor company’s stock worth $24,570,000 after buying an additional 244,621 shares during the period. Acadian Asset Management LLC boosted its position in Himax Technologies by 31.2% during the 2nd quarter. Acadian Asset Management LLC now owns 3,369,618 shares of the semiconductor company’s stock worth $26,728,000 after acquiring an additional 800,684 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in Himax Technologies by 32.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,665,858 shares of the semiconductor company’s stock worth $9,162,000 after acquiring an additional 407,400 shares during the period. Polunin Capital Partners Ltd bought a new position in shares of Himax Technologies in the second quarter worth $6,358,000. Finally, Point72 Hong Kong Ltd acquired a new position in shares of Himax Technologies during the second quarter valued at $5,817,000. Institutional investors and hedge funds own 69.81% of the company’s stock.

Analyst Upgrades and Downgrades

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

Himax Technologies Trading Down 0.2 %

Shares of NASDAQ:HIMX opened at $5.22 on Thursday. The company has a 50 day moving average of $5.75 and a 200-day moving average of $6.34. The company has a current ratio of 1.64, a quick ratio of 1.37 and a debt-to-equity ratio of 0.03. The firm has a market cap of $912.06 million, a P/E ratio of 11.86 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.

Himax Technologies (NASDAQ:HIMX) last released its earnings results on Thursday, November 7th. The semiconductor company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. Himax Technologies had a return on equity of 9.06% and a net margin of 8.77%. The firm had revenue of $222.40 million during the quarter, compared to the consensus estimate of $205.93 million. During the same period in the prior year, the firm posted $0.06 earnings per share. The firm’s revenue for the quarter was down 6.8% compared to the same quarter last year.

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.