State of Wyoming purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 26,814 shares of the semiconductor company’s stock, valued at approximately $389,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Bernzott Capital Advisors increased its holdings in shares of Vishay Intertechnology by 12.9% during the fourth quarter. Bernzott Capital Advisors now owns 549,780 shares of the semiconductor company’s stock valued at $7,966,000 after acquiring an additional 62,753 shares in the last quarter. Dana Investment Advisors Inc. increased its holdings in shares of Vishay Intertechnology by 30.4% during the fourth quarter. Dana Investment Advisors Inc. now owns 185,302 shares of the semiconductor company’s stock valued at $2,685,000 after acquiring an additional 43,149 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Vishay Intertechnology during the third quarter valued at $12,306,000. SG Americas Securities LLC increased its holdings in shares of Vishay Intertechnology by 355.0% during the fourth quarter. SG Americas Securities LLC now owns 149,461 shares of the semiconductor company’s stock valued at $2,166,000 after acquiring an additional 116,609 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of Vishay Intertechnology by 173.0% during the fourth quarter. UBS Group AG now owns 995,668 shares of the semiconductor company’s stock valued at $14,427,000 after acquiring an additional 630,917 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several analysts have commented on VSH shares. Weiss Ratings upgraded Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Wall Street Zen downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Finally, Bank of America lifted their price objective on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Vishay Intertechnology has an average rating of “Moderate Buy” and an average target price of $24.00.
Vishay Intertechnology Trading Up 0.1%
Vishay Intertechnology stock opened at $57.24 on Tuesday. The business has a 50-day simple moving average of $34.17 and a two-hundred day simple moving average of $22.99. The company has a market cap of $7.79 billion, a P/E ratio of 5,723.50 and a beta of 1.76. Vishay Intertechnology, Inc. has a 52-week low of $11.77 and a 52-week high of $66.24. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47.
Vishay Intertechnology (NYSE:VSH – Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $839.24 million during the quarter, compared to the consensus estimate of $823.54 million. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The business’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.03) EPS. Analysts predict that Vishay Intertechnology, Inc. will post 0.75 EPS for the current year.
Vishay Intertechnology Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, June 18th. Vishay Intertechnology’s payout ratio is currently 4,000.00%.
Vishay Intertechnology 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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