Hsbc Holdings PLC purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 31,892 shares of the semiconductor company’s stock, valued at approximately $574,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VSH. Dana Investment Advisors Inc. lifted its holdings in shares of Vishay Intertechnology by 30.4% in the fourth quarter. Dana Investment Advisors Inc. now owns 185,302 shares of the semiconductor company’s stock valued at $2,685,000 after purchasing an additional 43,149 shares in the last quarter. Bernzott Capital Advisors grew its holdings in Vishay Intertechnology by 12.9% during the fourth quarter. Bernzott Capital Advisors now owns 549,780 shares of the semiconductor company’s stock worth $7,966,000 after buying an additional 62,753 shares in the last quarter. SG Americas Securities LLC raised its position in Vishay Intertechnology by 355.0% in the 4th quarter. SG Americas Securities LLC now owns 149,461 shares of the semiconductor company’s stock valued at $2,166,000 after buying an additional 116,609 shares during the last quarter. UBS Group AG raised its position in Vishay Intertechnology by 173.0% in the 4th quarter. UBS Group AG now owns 995,668 shares of the semiconductor company’s stock valued at $14,427,000 after buying an additional 630,917 shares during the last quarter. Finally, Tudor Investment Corp ET AL bought a new position in Vishay Intertechnology during the 3rd quarter valued at $12,306,000. 93.66% of the stock is owned by institutional investors.
Analyst Ratings Changes
VSH has been the topic of a number of analyst reports. Zacks Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Wall Street Zen downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Bank of America raised their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. Finally, Weiss Ratings raised shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $24.00.
Vishay Intertechnology Stock Up 1.1%
VSH stock opened at $34.17 on Friday. The stock has a market cap of $4.65 billion, a P/E ratio of 3,416.70 and a beta of 1.76. The company has a current ratio of 2.64, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. The stock’s fifty day simple moving average is $49.71 and its two-hundred day simple moving average is $32.04. Vishay Intertechnology, Inc. has a 1-year low of $11.77 and a 1-year high of $69.47.
Vishay Intertechnology (NYSE:VSH – Get Free Report) last announced its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. The firm had revenue of $839.24 million during the quarter, compared to analyst estimates of $823.54 million. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The business’s revenue was up 17.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.03) EPS. Analysts expect that Vishay Intertechnology, Inc. will post 0.75 EPS for the current year.
Vishay Intertechnology Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 18th were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.40 annualized dividend and a yield of 1.2%. Vishay Intertechnology’s payout ratio is currently 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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