Yiheng Capital LLC grew its stake in shares of Himax Technologies, Inc. (NASDAQ:HIMX) by 36.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,275,032 shares of the semiconductor company’s stock after buying an additional 340,104 shares during the quarter. Himax Technologies comprises 3.8% of Yiheng Capital LLC’s holdings, making the stock its 10th biggest position. Yiheng Capital LLC owned about 0.74% of Himax Technologies worth $13,936,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital Investment Counsel Inc purchased a new position in shares of Himax Technologies in the second quarter worth approximately $109,000. Bank of New York Mellon Corp increased its position in shares of Himax Technologies by 0.5% in the first quarter. Bank of New York Mellon Corp now owns 14,223 shares of the semiconductor company’s stock worth $130,000 after acquiring an additional 77 shares in the last quarter. Stifel Financial Corp purchased a new position in shares of Himax Technologies in the second quarter worth approximately $126,000. Private Advisor Group LLC increased its position in shares of Himax Technologies by 19.7% in the second quarter. Private Advisor Group LLC now owns 17,300 shares of the semiconductor company’s stock worth $141,000 after acquiring an additional 2,850 shares in the last quarter. Finally, BlueCrest Capital Management Ltd purchased a new position in shares of Himax Technologies in the second quarter worth approximately $145,000. 26.90% of the stock is currently owned by institutional investors.

Shares of Himax Technologies, Inc. (NASDAQ HIMX) opened at $10.50 on Friday. The stock has a market cap of $1,900.03, a P/E ratio of 184.00, a price-to-earnings-growth ratio of 2.65 and a beta of 0.85. Himax Technologies, Inc. has a one year low of $4.88 and a one year high of $13.95.

Several research analysts have recently weighed in on the stock. BidaskClub downgraded shares of Himax Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Northland Securities reissued an “outperform” rating and issued a $15.00 target price (up from $12.00) on shares of Himax Technologies in a research report on Thursday, September 14th. Vetr downgraded shares of Himax Technologies from a “strong-buy” rating to a “buy” rating and set a $11.54 target price on the stock. in a research report on Monday, September 25th. Instinet reissued a “buy” rating and issued a $12.00 target price (up from $10.00) on shares of Himax Technologies in a research report on Tuesday, September 26th. Finally, Lake Street Capital raised shares of Himax Technologies from a “hold” rating to a “buy” rating and lifted their target price for the stock from $8.50 to $13.00 in a research report on Thursday, September 28th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $10.24.

COPYRIGHT VIOLATION WARNING: This piece of content was reported by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.watchlistnews.com/yiheng-capital-llc-grows-holdings-in-himax-technologies-inc-himx/1755138.html.

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.

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

Receive News & Ratings for Himax Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Himax Technologies Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.