43,280 Shares in Vishay Intertechnology, Inc. (NYSE:VSH) Acquired by Intech Investment Management LLC

Intech Investment Management LLC purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 43,280 shares of the semiconductor company’s stock, valued at approximately $818,000.

A number of other large investors also recently modified their holdings of the company. Matrix Trust Co purchased a new stake in Vishay Intertechnology during the 3rd quarter worth about $25,000. Massmutual Trust Co. FSB ADV lifted its stake in Vishay Intertechnology by 173.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 868 shares during the last quarter. nVerses Capital LLC purchased a new position in Vishay Intertechnology in the second quarter valued at approximately $45,000. Northwestern Mutual Wealth Management Co. raised its holdings in Vishay Intertechnology by 11,136.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 2,116 shares in the last quarter. Finally, Adirondack Trust Co. lifted its position in shares of Vishay Intertechnology by 71.4% during the 3rd quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company’s stock worth $91,000 after buying an additional 2,000 shares during the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

VSH has been the subject of a number of research reports. TD Cowen reduced their price target on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research report on Thursday, August 8th. StockNews.com downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Wednesday.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $18.96 on Friday. The stock has a market capitalization of $2.58 billion, a price-to-earnings ratio of 30.58 and a beta of 1.09. The business’s 50 day moving average is $17.58 and its two-hundred day moving average is $20.36. Vishay Intertechnology, Inc. has a 12-month low of $14.95 and a 12-month high of $24.72. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.06). Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The company had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. During the same quarter last year, the business earned $0.60 EPS. The firm’s revenue for the quarter was down 13.9% on a year-over-year basis. Research analysts expect that Vishay Intertechnology, Inc. will post 0.55 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend is Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 64.52%.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.