Systematic Financial Management LP Has $22.30 Million Stock Holdings in Vishay Intertechnology, Inc. $VSH

Systematic Financial Management LP cut its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,538,795 shares of the semiconductor company’s stock after selling 14,296 shares during the period. Systematic Financial Management LP owned about 1.13% of Vishay Intertechnology worth $22,297,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bernzott Capital Advisors raised its holdings in Vishay Intertechnology by 12.9% in the fourth quarter. Bernzott Capital Advisors now owns 549,780 shares of the semiconductor company’s stock worth $7,966,000 after purchasing an additional 62,753 shares during the period. SG Americas Securities LLC raised its holdings in Vishay Intertechnology by 355.0% in the fourth quarter. SG Americas Securities LLC now owns 149,461 shares of the semiconductor company’s stock worth $2,166,000 after purchasing an additional 116,609 shares during the period. Tudor Investment Corp ET AL acquired a new stake in Vishay Intertechnology in the third quarter worth $12,306,000. Y Intercept Hong Kong Ltd acquired a new stake in Vishay Intertechnology in the third quarter worth $1,911,000. Finally, Dana Investment Advisors Inc. increased its position 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 worth $2,685,000 after acquiring an additional 43,149 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

VSH has been the subject of several research reports. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. increased their price objective on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Zacks Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Bank of America increased their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research report on Thursday, May 14th. Finally, Wall Street Zen raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Vishay Intertechnology currently has an average rating of “Moderate Buy” and an average price target of $24.00.

Vishay Intertechnology Stock Up 12.3%

Shares of VSH stock opened at $47.36 on Friday. The company has a market capitalization of $6.43 billion, a price-to-earnings ratio of 4,735.70 and a beta of 1.53. Vishay Intertechnology, Inc. has a 12-month low of $11.77 and a 12-month high of $47.94. The firm has a fifty day moving average of $25.79 and a 200-day moving average of $19.76. 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) last released its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share 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 net margin of 0.07% and a return on equity of 0.22%. The firm’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.03) earnings per share. As a group, equities research analysts predict that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Thursday, June 18th will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a yield of 0.8%. Vishay Intertechnology’s dividend payout ratio (DPR) is 4,000.00%.

About Vishay Intertechnology

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.