Legal & General Group Plc lifted its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 7.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 193,660 shares of the semiconductor company’s stock after buying an additional 13,210 shares during the quarter. Legal & General Group Plc owned approximately 0.13% of Vishay Intertechnology worth $3,217,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of VSH. Capstone Asset Management Co. grew its holdings in shares of Vishay Intertechnology by 0.5% during the first quarter. Capstone Asset Management Co. now owns 17,708 shares of the semiconductor company’s stock worth $291,000 after buying an additional 80 shares in the last quarter. Glen Harbor Capital Management LLC grew its holdings in shares of Vishay Intertechnology by 7.4% during the first quarter. Glen Harbor Capital Management LLC now owns 6,050 shares of the semiconductor company’s stock worth $100,000 after buying an additional 418 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Vishay Intertechnology by 19.1% during the first quarter. Russell Investments Group Ltd. now owns 387,162 shares of the semiconductor company’s stock worth $6,369,000 after buying an additional 62,031 shares in the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of Vishay Intertechnology by 1.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 46,595 shares of the semiconductor company’s stock worth $766,000 after buying an additional 600 shares in the last quarter. Finally, Great West Life Assurance Co. Can grew its holdings in shares of Vishay Intertechnology by 3.6% during the first quarter. Great West Life Assurance Co. Can now owns 77,633 shares of the semiconductor company’s stock worth $1,272,000 after buying an additional 2,706 shares in the last quarter.

A number of equities research analysts have recently commented on the stock. BidaskClub downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Monday, July 31st. ValuEngine upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Stifel Nicolaus reiterated a “hold” rating and set a $17.00 price target on shares of Vishay Intertechnology in a report on Friday, July 14th. Finally, Zacks Investment Research downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $18.50.

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Shares of Vishay Intertechnology, Inc. (NYSE:VSH) opened at 18.20 on Friday. Vishay Intertechnology, Inc. has a one year low of $13.66 and a one year high of $18.55. The stock’s 50 day moving average is $17.47 and its 200-day moving average is $16.77. The stock has a market capitalization of $2.66 billion, a P/E ratio of 34.54 and a beta of 1.23.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Thursday, August 3rd. The semiconductor company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.02. Vishay Intertechnology had a net margin of 3.34% and a return on equity of 9.89%. The company had revenue of $644.89 million during the quarter, compared to analyst estimates of $643.19 million. During the same period in the prior year, the firm earned $0.23 earnings per share. The business’s quarterly revenue was up 9.3% on a year-over-year basis. On average, equities research analysts expect that Vishay Intertechnology, Inc. will post $1.34 EPS for the current year.

Vishay Intertechnology announced that its board has approved a share repurchase plan on Wednesday, August 2nd that permits the company to buyback $150.00 million in shares. This buyback authorization permits the semiconductor company to purchase up to 5.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 28th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Thursday, September 14th. Vishay Intertechnology’s dividend payout ratio is presently 49.02%.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.

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Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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