Systematic Financial Management LP Lowers Stock Holdings in Vishay Intertechnology, Inc. $VSH

Systematic Financial Management LP trimmed its position in Vishay Intertechnology, Inc. (NYSE:VSHFree Report) by 3.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,492,361 shares of the semiconductor company’s stock after selling 46,434 shares during the period. Systematic Financial Management LP’s holdings in Vishay Intertechnology were worth $26,863,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its stake in Vishay Intertechnology by 212.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 1,402 shares in the last quarter. Quarry LP purchased a new stake in Vishay Intertechnology in the 3rd quarter worth approximately $39,000. Empowered Funds LLC bought a new position in Vishay Intertechnology in the 4th quarter valued at $57,000. Hantz Financial Services Inc. boosted its holdings in Vishay Intertechnology by 255.8% in the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 3,684 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of Vishay Intertechnology during the 4th quarter valued at $87,000. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Price Performance

VSH stock opened at $40.76 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53. Vishay Intertechnology, Inc. has a one year low of $11.77 and a one year high of $69.47. The stock has a market cap of $5.55 billion, a PE ratio of 4,076.40 and a beta of 1.76. The firm has a 50 day simple moving average of $50.41 and a two-hundred day simple moving average of $31.38.

Vishay Intertechnology (NYSE:VSHGet Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The firm had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. During the same quarter last year, the company posted ($0.03) EPS. The business’s quarterly revenue was up 17.3% on a year-over-year basis. On average, analysts predict that Vishay Intertechnology, Inc. will post 0.75 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.40 annualized dividend and a yield of 1.0%. Vishay Intertechnology’s payout ratio is 4,000.00%.

Analyst Ratings Changes

VSH has been the topic of several research analyst reports. Weiss Ratings raised shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Zacks Research lowered Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday. Bank of America boosted their target price on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research report on Thursday, May 14th. Finally, Wall Street Zen lowered Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $24.00.

Check Out Our Latest Research Report on Vishay Intertechnology

Vishay Intertechnology Profile

(Free Report)

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.

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Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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