Himension Capital Singapore PTE. LTD. bought a new position in Himax Technologies, Inc. (NASDAQ:HIMX – Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 61,612 shares of the semiconductor company’s stock, valued at approximately $485,000.
Other large investors have also added to or reduced their stakes in the company. Triumph Capital Management acquired a new position in Himax Technologies during the 3rd quarter valued at about $28,000. Advisory Services Network LLC bought a new stake in Himax Technologies during the 3rd quarter worth approximately $28,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Himax Technologies in the fourth quarter worth approximately $41,000. EFG International AG purchased a new stake in shares of Himax Technologies in the fourth quarter worth approximately $41,000. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of Himax Technologies by 976.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 5,340 shares of the semiconductor company’s stock valued at $44,000 after purchasing an additional 4,844 shares in the last quarter. Institutional investors own 69.81% of the company’s stock.
Himax Technologies Stock Up 7.8%
Shares of NASDAQ:HIMX opened at $13.68 on Wednesday. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of 69.80 and a beta of 2.26. The company has a quick ratio of 1.42, a current ratio of 1.62 and a debt-to-equity ratio of 0.02. Himax Technologies, Inc. has a 12-month low of $6.85 and a 12-month high of $25.09. The business’s 50 day moving average is $17.47 and its 200 day moving average is $12.11.
Himax Technologies Cuts Dividend
The company also recently announced an annual dividend, which was paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th were paid a $0.252 dividend. The ex-dividend date was Tuesday, June 30th. This represents a dividend yield of 164.0%. Himax Technologies’s dividend payout ratio is presently 120.00%.
About Himax Technologies
Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.
In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.
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