Trail Ridge Investment Advisors LLC Purchases Shares of 18,654 Vishay Intertechnology, Inc. $VSH

Trail Ridge Investment Advisors LLC purchased a new stake in Vishay Intertechnology, Inc. (NYSE:VSH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,654 shares of the semiconductor company’s stock, valued at approximately $270,000.

Other hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its stake in Vishay Intertechnology by 709.5% in the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 1,575 shares during the last quarter. Quarry LP purchased a new position in shares of Vishay Intertechnology during the third quarter worth approximately $39,000. GAMMA Investing LLC grew its position in shares of Vishay Intertechnology by 12.2% during the third quarter. GAMMA Investing LLC now owns 9,697 shares of the semiconductor company’s stock worth $148,000 after acquiring an additional 1,052 shares during the last quarter. Hennion & Walsh Asset Management Inc. purchased a new position in shares of Vishay Intertechnology during the third quarter worth approximately $171,000. Finally, Inscription Capital LLC purchased a new position in shares of Vishay Intertechnology during the third quarter worth approximately $173,000. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Intertechnology Price Performance

Shares of NYSE VSH opened at $26.99 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.62 and a quick ratio of 1.57. The stock has a fifty day moving average price of $19.53 and a 200 day moving average price of $17.28. Vishay Intertechnology, Inc. has a 1-year low of $11.65 and a 1-year high of $27.53. The company has a market cap of $3.66 billion, a PE ratio of -385.44 and a beta of 1.13.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The company had revenue of $800.92 million for the quarter, compared to analyst estimates of $790.47 million. The firm’s revenue was up 12.1% compared to the same quarter last year. Sell-side analysts forecast that Vishay Intertechnology, Inc. will post 0.51 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.5%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently -571.43%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VSH. Argus upgraded shares of Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. Zacks Research upgraded shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Weiss Ratings restated a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. Bank of America raised their target price on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. raised their target price 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. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $18.00.

Vishay Intertechnology Company 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.