VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Shares in Vishay Intertechnology, Inc. $VSH

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Vishay Intertechnology, Inc. (NYSE:VSHFree Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 24,800 shares of the semiconductor company’s stock, valued at approximately $1,334,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Royal Bank of Canada increased its stake in shares of Vishay Intertechnology by 26.6% in the first quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company’s stock valued at $1,142,000 after buying an additional 15,079 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Vishay Intertechnology by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,123 shares of the semiconductor company’s stock worth $1,179,000 after buying an additional 2,250 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Vishay Intertechnology by 5.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 250,154 shares of the semiconductor company’s stock worth $3,977,000 after acquiring an additional 12,547 shares during the last quarter. AXA S.A. grew its holdings in Vishay Intertechnology by 13.5% during the 2nd quarter. AXA S.A. now owns 176,254 shares of the semiconductor company’s stock worth $2,799,000 after acquiring an additional 20,950 shares during the last quarter. Finally, Quantinno Capital Management LP increased its position in Vishay Intertechnology by 132.4% in the 2nd quarter. Quantinno Capital Management LP now owns 52,791 shares of the semiconductor company’s stock valued at $838,000 after acquiring an additional 30,075 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VSH. Truist Financial began coverage on shares of Vishay Intertechnology in a research report on Thursday, September 3rd. They issued a “buy” rating and a $42.00 price objective for the company. Raymond James Financial initiated coverage on Vishay Intertechnology in a report on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 price target on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Vishay Intertechnology in a research report on Monday, August 24th. Zacks Research cut Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Finally, Needham & Company LLC assumed coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They set a “buy” rating and a $45.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

View Our Latest Stock Report on VSH

Vishay Intertechnology Stock Up 6.3%

Shares of Vishay Intertechnology stock opened at $33.26 on Friday. The company has a quick ratio of 1.27, a current ratio of 1.80 and a debt-to-equity ratio of 0.08. Vishay Intertechnology, Inc. has a 12 month low of $11.77 and a 12 month high of $69.47. The business has a fifty day simple moving average of $35.14 and a 200 day simple moving average of $34.89. The stock has a market cap of $5.10 billion, a PE ratio of 175.04, a price-to-earnings-growth ratio of 3.91 and a beta of 1.80.

Vishay Intertechnology (NYSE:VSHGet Free Report) last released its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.04. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%.The business had revenue of $918.58 million during the quarter, compared to the consensus estimate of $897.03 million. During the same quarter in the prior year, the company posted ($0.07) earnings per share. The firm’s revenue was up 16.6% on a year-over-year basis. Research analysts predict that Vishay Intertechnology, Inc. will post 0.85 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.2%. Vishay Intertechnology’s dividend payout ratio is 210.53%.

Vishay Intertechnology Profile

(Free Report)

Vishay Intertechnology, Inc (NYSE:VSH) is a global manufacturer of electronic components used in a wide range of electrical and electronic systems. The company’s portfolio includes discrete semiconductors and passive components, such as diodes, MOSFETs, optoelectronic devices, resistors, capacitors, inductors, sensors, and transducers.

Vishay’s products are designed to support power management, signal processing, sensing, connectivity, and energy conversion applications. Its components are used in automotive systems, industrial equipment, computing and telecommunications hardware, consumer electronics, medical devices, aerospace and defense systems, and renewable energy and other infrastructure applications.

The company was founded in 1962 by physicist and inventor Felix Zandman and is headquartered in Malvern, Pennsylvania.

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

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