Edgestream Partners L.P. lifted its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) by 127.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 316,191 shares of the semiconductor company’s stock after acquiring an additional 177,151 shares during the period. Edgestream Partners L.P.’s holdings in Vishay Intertechnology were worth $5,691,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Rockefeller Capital Management L.P. raised 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 worth $30,000 after acquiring an additional 1,402 shares in the last quarter. Quarry LP acquired a new stake in shares of Vishay Intertechnology in the 3rd quarter valued at approximately $39,000. Empowered Funds LLC acquired a new stake in shares of Vishay Intertechnology in the 4th quarter valued at approximately $57,000. Hantz Financial Services Inc. grew its holdings in shares of Vishay Intertechnology by 255.8% during 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 last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of Vishay Intertechnology during the 4th quarter valued at approximately $87,000. 93.66% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
VSH has been the subject of several research reports. Wall Street Zen downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Bank of America boosted their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research note on Thursday, May 14th. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Finally, Zacks Research cut Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Vishay Intertechnology currently has a consensus rating of “Hold” and a consensus price target of $24.00.
Vishay Intertechnology Stock Performance
Vishay Intertechnology stock opened at $33.82 on Friday. The business has a 50 day moving average of $49.97 and a 200-day moving average of $32.02. The company has a market capitalization of $4.60 billion, a P/E ratio of 3,382.20 and a beta of 1.76. Vishay Intertechnology, Inc. has a 1 year low of $11.77 and a 1 year high of $69.47. 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 (NYSE:VSH – Get Free Report) last posted its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, topping 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 business had revenue of $839.24 million for the quarter, compared to the consensus estimate of $823.54 million. During the same period last year, the company earned ($0.03) EPS. The firm’s revenue was up 17.3% compared to the same quarter last year. On average, equities research analysts predict that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current year.
Vishay Intertechnology Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Thursday, June 18th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 18th. Vishay Intertechnology’s payout ratio is 4,000.00%.
Vishay Intertechnology Company Profile
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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