Raymond James Financial Inc. Takes $106,000 Position in Himax Technologies, Inc. (NASDAQ:HIMX)

Raymond James Financial Inc. bought a new position in shares of Himax Technologies, Inc. (NASDAQ:HIMX) during the fourth quarter, Holdings Channel.com reports. The fund bought 13,217 shares of the semiconductor company’s stock, valued at approximately $106,000.

A number of other large investors also recently modified their holdings of the company. SBI Securities Co. Ltd. acquired a new position in Himax Technologies during the 4th quarter valued at about $28,000. GAMMA Investing LLC lifted its holdings in shares of Himax Technologies by 90.5% in the fourth quarter. GAMMA Investing LLC now owns 10,290 shares of the semiconductor company’s stock valued at $83,000 after purchasing an additional 4,888 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Himax Technologies during the third quarter valued at approximately $98,000. Foster Group Inc. bought a new stake in Himax Technologies during the fourth quarter worth $100,000. Finally, Sanctuary Advisors LLC raised its position in Himax Technologies by 33.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 19,431 shares of the semiconductor company’s stock valued at $102,000 after buying an additional 4,915 shares during the last quarter. 69.81% of the stock is currently owned by institutional investors.

Himax Technologies Trading Up 2.8 %

Shares of HIMX stock opened at $6.32 on Friday. Himax Technologies, Inc. has a 52-week low of $4.80 and a 52-week high of $13.91. The company has a 50-day simple moving average of $8.76 and a two-hundred day simple moving average of $7.61. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.43 and a current ratio of 1.65. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 14.04 and a beta of 2.11.

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

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Himax Technologies from a “buy” rating to a “hold” rating in a report on Friday, March 7th.

Himax Technologies Company 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.