Vishay Intertechnology, Inc. $VSH Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. raised its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 17.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,725 shares of the semiconductor company’s stock after purchasing an additional 4,326 shares during the period. QRG Capital Management Inc.’s holdings in Vishay Intertechnology were worth $472,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of Vishay Intertechnology by 602.1% in the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 2,312 shares during the period. Larson Financial Group LLC lifted its stake in shares of Vishay Intertechnology by 27,083.3% in the 1st quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company’s stock worth $52,000 after acquiring an additional 3,250 shares during the period. CWM LLC lifted its stake in shares of Vishay Intertechnology by 76.0% in the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company’s stock worth $55,000 after acquiring an additional 1,500 shares during the period. Summit Securities Group LLC acquired a new stake in shares of Vishay Intertechnology in the 1st quarter worth approximately $126,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Vishay Intertechnology in the 1st quarter worth approximately $126,000. 93.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on VSH. Wall Street Zen raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Zacks Research upgraded shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $19.00.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $14.68 on Friday. The company’s 50 day moving average price is $15.24 and its 200 day moving average price is $14.93. Vishay Intertechnology, Inc. has a 52 week low of $10.35 and a 52 week high of $20.15. The company has a market capitalization of $1.99 billion, a PE ratio of -22.58 and a beta of 1.15. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.64 and a current ratio of 2.70.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, August 6th. The semiconductor company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.09). Vishay Intertechnology had a negative net margin of 3.00% and a negative return on equity of 0.10%. The company had revenue of $762.25 million for the quarter, compared to analysts’ expectations of $756.07 million. During the same period in the previous year, the firm posted $0.17 earnings per share. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. Research analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 11th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.40 dividend on an annualized basis and a yield of 2.7%. Vishay Intertechnology’s payout ratio is presently -61.54%.

Vishay Intertechnology 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.