Vanguard Group Inc. lowered its holdings in Vishay Intertechnology (NYSE:VSH) by 0.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,585,901 shares of the semiconductor company’s stock after selling 35,488 shares during the period. Vanguard Group Inc. owned about 8.71% of Vishay Intertechnology worth $207,919,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of VSH. CWM Advisors LLC purchased a new position in shares of Vishay Intertechnology during the 2nd quarter valued at $175,000. ARP Americas LP bought a new stake in shares of Vishay Intertechnology during the 2nd quarter valued at $193,000. Cerebellum GP LLC raised its stake in shares of Vishay Intertechnology by 620.4% during the 1st quarter. Cerebellum GP LLC now owns 11,858 shares of the semiconductor company’s stock valued at $219,000 after purchasing an additional 10,212 shares during the period. Neuburgh Advisers LLC raised its stake in shares of Vishay Intertechnology by 31.8% during the 2nd quarter. Neuburgh Advisers LLC now owns 14,672 shares of the semiconductor company’s stock valued at $242,000 after purchasing an additional 3,536 shares during the period. Finally, Ackerman Capital Advisors LLC raised its stake in shares of Vishay Intertechnology by 14.3% during the 2nd quarter. Ackerman Capital Advisors LLC now owns 16,000 shares of the semiconductor company’s stock valued at $264,320,000 after purchasing an additional 2,000 shares during the period. 86.94% of the stock is currently owned by institutional investors and hedge funds.
VSH has been the topic of a number of analyst reports. Exane BNP Paribas upgraded Vishay Intertechnology from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 29th. BNP Paribas upgraded Vishay Intertechnology from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 29th. Zacks Investment Research lowered Vishay Intertechnology from a “hold” rating to a “sell” rating and set a $17.00 price objective on the stock. in a research note on Saturday, July 13th. Finally, ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. Vishay Intertechnology presently has a consensus rating of “Hold” and an average price target of $19.00.
Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Tuesday, July 30th. The semiconductor company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The business had revenue of $685.20 million for the quarter, compared to analyst estimates of $685.76 million. Vishay Intertechnology had a return on equity of 21.03% and a net margin of 10.05%. The company’s quarterly revenue was down 10.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.54 EPS. As a group, research analysts anticipate that Vishay Intertechnology will post 1.29 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 12th were paid a $0.095 dividend. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $0.38 dividend on an annualized basis and a yield of 2.27%. Vishay Intertechnology’s dividend payout ratio is currently 17.92%.
About Vishay Intertechnology
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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