UBS Group AG lowered its position in shares of Himax Technologies, Inc. (NASDAQ:HIMX – Free Report) by 45.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 276,059 shares of the semiconductor company’s stock after selling 227,494 shares during the quarter. UBS Group AG’s holdings in Himax Technologies were worth $2,261,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Triumph Capital Management purchased a new position in Himax Technologies during the third quarter valued at approximately $28,000. Advisory Services Network LLC purchased a new position in Himax Technologies during the third quarter valued at approximately $28,000. Ameriflex Group Inc. lifted its holdings in Himax Technologies by 100.0% during the third quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 1,800 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Himax Technologies by 109.8% during the second quarter. EverSource Wealth Advisors LLC now owns 6,056 shares of the semiconductor company’s stock valued at $54,000 after purchasing an additional 3,169 shares in the last quarter. Finally, Larson Financial Group LLC lifted its holdings in Himax Technologies by 1,197.1% during the third quarter. Larson Financial Group LLC now owns 7,069 shares of the semiconductor company’s stock valued at $62,000 after purchasing an additional 6,524 shares in the last quarter. Hedge funds and other institutional investors own 69.81% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the stock. Morgan Stanley reaffirmed an “equal weight” rating and set a $8.00 price target on shares of Himax Technologies in a report on Wednesday, February 4th. Wall Street Zen raised shares of Himax Technologies from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $8.00.
Himax Technologies Trading Down 3.6%
Shares of HIMX opened at $20.65 on Thursday. The company’s fifty day moving average is $12.72 and its 200 day moving average is $9.72. Himax Technologies, Inc. has a fifty-two week low of $6.85 and a fifty-two week high of $22.44. The stock has a market capitalization of $3.60 billion, a PE ratio of 105.36 and a beta of 2.03. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.42 and a current ratio of 1.62.
Himax Technologies (NASDAQ:HIMX – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. Himax Technologies had a net margin of 3.91% and a return on equity of 3.57%. The company had revenue of $199.01 million for the quarter, compared to analysts’ expectations of $195.01 million. During the same quarter in the previous year, the business posted $0.11 earnings per share. Himax Technologies’s quarterly revenue was down 7.5% on a year-over-year basis. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. Sell-side analysts expect that Himax Technologies, Inc. will post 0.4 earnings per share for the current fiscal year.
Himax Technologies Cuts Dividend
The firm also recently declared an annual dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be given a $0.252 dividend. This represents a yield of 122.0%. The ex-dividend date is Tuesday, June 30th. Himax Technologies’s payout ratio is currently 120.00%.
Himax Technologies Company Profile
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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