Woodline Partners LP Raises Position in Vishay Intertechnology, Inc. $VSH

Woodline Partners LP lifted its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 142.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,292,204 shares of the semiconductor company’s stock after purchasing an additional 2,521,413 shares during the quarter. Woodline Partners LP owned about 3.17% of Vishay Intertechnology worth $68,246,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Comerica Bank boosted its stake in Vishay Intertechnology by 16.2% in the 4th quarter. Comerica Bank now owns 46,917 shares of the semiconductor company’s stock worth $795,000 after buying an additional 6,532 shares during the last quarter. Brevan Howard Capital Management LP purchased a new position in shares of Vishay Intertechnology during the 4th quarter worth about $267,000. LMR Partners LLP acquired a new stake in shares of Vishay Intertechnology in the fourth quarter worth approximately $8,470,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Vishay Intertechnology by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,873 shares of the semiconductor company’s stock worth $1,218,000 after acquiring an additional 2,723 shares during the last quarter. Finally, Needham Investment Management LLC grew its holdings in Vishay Intertechnology by 12.2% in the fourth quarter. Needham Investment Management LLC now owns 1,414,100 shares of the semiconductor company’s stock valued at $23,955,000 after purchasing an additional 154,100 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Trading Down 1.5%

NYSE VSH opened at $15.33 on Tuesday. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of -23.58 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, Inc. has a one year low of $10.35 and a one year high of $20.15. The company’s 50 day moving average price is $16.06 and its 200 day moving average price is $15.21.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.09). Vishay Intertechnology had a negative return on equity of 0.10% and a negative net margin of 3.00%.The business had revenue of $762.25 million for the quarter, compared to analysts’ expectations of $756.07 million. During the same quarter in the prior year, the firm earned $0.17 earnings per share. Vishay Intertechnology’s quarterly revenue was up 2.8% compared to the same quarter last year. On average, sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 11th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.6%. The ex-dividend date is Thursday, September 11th. Vishay Intertechnology’s dividend payout ratio is currently -61.54%.

Insider Transactions at Vishay Intertechnology

In related news, Director Michael J. Cody acquired 3,500 shares of the business’s stock in a transaction on Wednesday, June 11th. The shares were bought at an average cost of $16.12 per share, with a total value of $56,420.00. Following the completion of the transaction, the director directly owned 60,169 shares of the company’s stock, valued at $969,924.28. This trade represents a 6.18% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 8.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Sunday, August 17th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $19.00.

About Vishay Intertechnology

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.