Lazard Asset Management LLC raised its stake in Himax Technologies, Inc. (NASDAQ:HIMX – Free Report) by 11.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,355,718 shares of the semiconductor company’s stock after purchasing an additional 637,020 shares during the period. Lazard Asset Management LLC’s holdings in Himax Technologies were worth $50,019,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of HIMX. Royal Bank of Canada boosted its holdings in shares of Himax Technologies by 3.7% in the 1st quarter. Royal Bank of Canada now owns 106,503 shares of the semiconductor company’s stock valued at $782,000 after buying an additional 3,811 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Himax Technologies by 127.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 240,411 shares of the semiconductor company’s stock worth $1,767,000 after acquiring an additional 134,799 shares in the last quarter. Geode Capital Management LLC lifted its position in Himax Technologies by 6.0% in the second quarter. Geode Capital Management LLC now owns 130,607 shares of the semiconductor company’s stock valued at $1,166,000 after acquiring an additional 7,434 shares during the last quarter. Cetera Investment Advisers purchased a new stake in Himax Technologies in the second quarter valued at $90,000. Finally, Franklin Resources Inc. purchased a new stake in Himax Technologies in the second quarter valued at $134,000. Hedge funds and other institutional investors own 69.81% of the company’s stock.
Himax Technologies Stock Performance
NASDAQ HIMX opened at $12.73 on Tuesday. The company has a fifty day moving average of $16.95 and a two-hundred day moving average of $12.24. The company has a market capitalization of $2.22 billion, a PE ratio of 64.95 and a beta of 2.26. Himax Technologies, Inc. has a 1 year low of $6.85 and a 1 year high of $25.09. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.62 and a quick ratio of 1.42.
Himax Technologies Cuts Dividend
The company also recently declared an annual dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.252 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a yield of 164.0%. Himax Technologies’s payout ratio is 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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