Quentec Asset Management LLC grew its stake in Himax Technologies, Inc. (NASDAQ:HIMX) by 28.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,665,751 shares of the semiconductor company’s stock after buying an additional 591,273 shares during the period. Himax Technologies accounts for 2.9% of Quentec Asset Management LLC’s investment portfolio, making the stock its 5th largest holding. Quentec Asset Management LLC owned about 1.55% of Himax Technologies worth $29,137,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp boosted its stake in Himax Technologies by 0.5% during the 1st quarter. Bank of New York Mellon Corp now owns 14,223 shares of the semiconductor company’s stock worth $130,000 after purchasing an additional 77 shares during the period. Northern Trust Corp boosted its stake in Himax Technologies by 9.7% during the 2nd quarter. Northern Trust Corp now owns 17,846 shares of the semiconductor company’s stock worth $145,000 after purchasing an additional 1,583 shares during the period. Private Advisor Group LLC boosted its stake in Himax Technologies by 19.7% during the 2nd quarter. Private Advisor Group LLC now owns 17,300 shares of the semiconductor company’s stock worth $141,000 after purchasing an additional 2,850 shares during the period. US Bancorp DE boosted its stake in Himax Technologies by 22.4% during the 2nd quarter. US Bancorp DE now owns 17,868 shares of the semiconductor company’s stock worth $147,000 after purchasing an additional 3,270 shares during the period. Finally, Profund Advisors LLC boosted its stake in Himax Technologies by 5.2% during the 2nd quarter. Profund Advisors LLC now owns 67,728 shares of the semiconductor company’s stock worth $555,000 after purchasing an additional 3,320 shares during the period. Institutional investors and hedge funds own 26.90% of the company’s stock.

A number of brokerages recently weighed in on HIMX. Zacks Investment Research cut shares of Himax Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, October 24th. Roth Capital increased their price target on shares of Himax Technologies from $10.00 to $12.00 and gave the stock a “buy” rating in a research note on Tuesday, September 26th. Vetr upgraded shares of Himax Technologies from a “strong sell” rating to a “strong-buy” rating and set a $14.98 price target for the company in a research note on Tuesday, November 28th. Oppenheimer reiterated a “sell” rating and set a $4.00 price target on shares of Himax Technologies in a research note on Thursday, September 7th. Finally, Macquarie restated an “outperform” rating and set a $12.20 price objective (up previously from $11.00) on shares of Himax Technologies in a research report on Wednesday, September 6th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Himax Technologies currently has an average rating of “Hold” and a consensus target price of $10.24.

Himax Technologies, Inc. (NASDAQ HIMX) opened at $11.99 on Thursday. The company has a market cap of $2,290.70, a price-to-earnings ratio of 221.83, a price-to-earnings-growth ratio of 3.19 and a beta of 0.85. Himax Technologies, Inc. has a 12-month low of $4.88 and a 12-month high of $13.95.

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Himax Technologies Company Profile

Himax Technologies, Inc is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products.

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Institutional Ownership by Quarter for Himax Technologies (NASDAQ:HIMX)

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