IndexIQ Advisors LLC Has $935,000 Stock Position in Vishay Intertechnology (NYSE:VSH)

IndexIQ Advisors LLC reduced its stake in shares of Vishay Intertechnology (NYSE:VSH) by 24.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 43,916 shares of the semiconductor company’s stock after selling 13,939 shares during the period. IndexIQ Advisors LLC’s holdings in Vishay Intertechnology were worth $935,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in VSH. State of Michigan Retirement System grew its stake in shares of Vishay Intertechnology by 1.6% during the 4th quarter. State of Michigan Retirement System now owns 38,952 shares of the semiconductor company’s stock worth $829,000 after acquiring an additional 600 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Vishay Intertechnology by 11.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,612 shares of the semiconductor company’s stock worth $183,000 after acquiring an additional 863 shares in the last quarter. American International Group Inc. grew its stake in shares of Vishay Intertechnology by 0.3% during the 4th quarter. American International Group Inc. now owns 336,439 shares of the semiconductor company’s stock worth $7,163,000 after acquiring an additional 903 shares in the last quarter. Smith Graham & Co. Investment Advisors LP grew its stake in shares of Vishay Intertechnology by 0.3% during the 3rd quarter. Smith Graham & Co. Investment Advisors LP now owns 325,670 shares of the semiconductor company’s stock worth $5,514,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in shares of Vishay Intertechnology by 4.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 27,533 shares of the semiconductor company’s stock worth $586,000 after acquiring an additional 1,080 shares in the last quarter. Hedge funds and other institutional investors own 85.86% of the company’s stock.

In related news, CEO Gerald Paul sold 50,000 shares of the firm’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $20.96, for a total value of $1,048,000.00. Following the completion of the transaction, the chief executive officer now directly owns 284,262 shares of the company’s stock, valued at $5,958,131.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael J. Cody bought 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was purchased at an average cost of $19.40 per share, with a total value of $38,800.00. Following the completion of the purchase, the director now directly owns 11,162 shares of the company’s stock, valued at approximately $216,542.80. The disclosure for this purchase can be found here. 8.07% of the stock is currently owned by company insiders.

NYSE:VSH opened at $20.53 on Friday. Vishay Intertechnology has a 1-year low of $14.36 and a 1-year high of $23.25. The company has a current ratio of 3.27, a quick ratio of 2.44 and a debt-to-equity ratio of 0.39. The firm has a fifty day simple moving average of $21.47 and a 200 day simple moving average of $18.94. The stock has a market capitalization of $2.97 billion, a PE ratio of 18.01, a P/E/G ratio of 3.64 and a beta of 1.56.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Tuesday, February 4th. The semiconductor company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.06). Vishay Intertechnology had a net margin of 6.14% and a return on equity of 12.37%. The firm had revenue of $610.00 million during the quarter, compared to the consensus estimate of $601.69 million. During the same period in the prior year, the business posted $0.58 earnings per share. Vishay Intertechnology’s quarterly revenue was down 2.9% compared to the same quarter last year. On average, equities analysts predict that Vishay Intertechnology will post 1.07 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.85%. Vishay Intertechnology’s dividend payout ratio is presently 30.16%.

Several equities analysts have recently weighed in on VSH shares. ValuEngine cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Friday, December 20th. Cowen raised their price target on shares of Vishay Intertechnology from $18.00 to $20.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 4th. Zacks Investment Research cut shares of Vishay Intertechnology from a “hold” rating to a “strong sell” rating and set a $21.00 price target for the company. in a research note on Sunday, November 3rd. Finally, Bank of America cut shares of Vishay Intertechnology from a “neutral” rating to an “underperform” rating and set a $17.00 price target for the company. in a research note on Wednesday, November 6th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. Vishay Intertechnology currently has an average rating of “Hold” and an average target price of $19.33.

Vishay Intertechnology Company Profile

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

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