Legato Capital Management LLC Sells 61,093 Shares of Vishay Intertechnology, Inc. $VSH

Legato Capital Management LLC decreased its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 83.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 11,721 shares of the semiconductor company’s stock after selling 61,093 shares during the quarter. Legato Capital Management LLC’s holdings in Vishay Intertechnology were worth $170,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in VSH. Woodline Partners LP boosted its stake in Vishay Intertechnology by 25.3% during the 3rd quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock valued at $104,251,000 after purchasing an additional 1,377,356 shares during the period. Tudor Investment Corp ET AL bought a new stake in Vishay Intertechnology during the 3rd quarter valued at approximately $12,306,000. Two Sigma Investments LP boosted its stake in Vishay Intertechnology by 1,440.5% during the 3rd quarter. Two Sigma Investments LP now owns 844,508 shares of the semiconductor company’s stock valued at $12,921,000 after purchasing an additional 789,686 shares during the period. UBS Group AG boosted its stake in Vishay Intertechnology by 173.0% during the 4th quarter. UBS Group AG now owns 995,668 shares of the semiconductor company’s stock valued at $14,427,000 after purchasing an additional 630,917 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Vishay Intertechnology during the 3rd quarter valued at approximately $7,687,000. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Price Performance

Shares of VSH stock opened at $52.33 on Friday. The stock has a 50 day moving average of $28.38 and a two-hundred day moving average of $20.76. The company has a current ratio of 2.64, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. Vishay Intertechnology, Inc. has a 12 month low of $11.77 and a 12 month high of $53.60. The company has a market capitalization of $7.12 billion, a P/E ratio of 5,233.10 and a beta of 1.53.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The company had revenue of $839.24 million during the quarter, compared to the consensus estimate of $823.54 million. During the same quarter last year, the company earned ($0.03) EPS. The company’s quarterly revenue was up 17.3% on a year-over-year basis. As a group, equities analysts expect that Vishay Intertechnology, Inc. will post 0.75 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Thursday, June 18th will be issued 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 dividend yield of 0.8%. Vishay Intertechnology’s dividend payout ratio is presently 4,000.00%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. raised their price objective on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Weiss Ratings upgraded Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Finally, Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $24.00.

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.