Vishay Intertechnology, Inc. (VSH) Holdings Increased by GSA Capital Partners LLP
GSA Capital Partners LLP grew its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 20.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,437 shares of the semiconductor company’s stock after acquiring an additional 4,503 shares during the period. GSA Capital Partners LLP’s holdings in Vishay Intertechnology were worth $439,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Vishay Intertechnology by 9.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,800 shares of the semiconductor company’s stock worth $113,000 after acquiring an additional 600 shares during the period. Riverhead Capital Management LLC grew its holdings in Vishay Intertechnology by 65.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,090 shares of the semiconductor company’s stock worth $134,000 after acquiring an additional 3,190 shares during the period. US Bancorp DE grew its holdings in Vishay Intertechnology by 0.5% during the 1st quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock worth $144,000 after acquiring an additional 45 shares during the period. LS Investment Advisors LLC grew its holdings in Vishay Intertechnology by 17.9% during the 2nd quarter. LS Investment Advisors LLC now owns 10,513 shares of the semiconductor company’s stock worth $175,000 after acquiring an additional 1,595 shares during the period. Finally, DekaBank Deutsche Girozentrale acquired a new stake in Vishay Intertechnology during the 2nd quarter worth about $201,000.
Several brokerages have recently commented on VSH. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 target price for the company in a research note on Thursday, October 5th. BidaskClub downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Tuesday, August 22nd. Finally, Stifel Nicolaus restated a “hold” rating and issued a $17.00 target price on shares of Vishay Intertechnology in a research note on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Vishay Intertechnology presently has a consensus rating of “Buy” and a consensus price target of $19.50.
Shares of Vishay Intertechnology, Inc. (VSH) opened at 20.85 on Friday. The firm has a market capitalization of $3.05 billion, a P/E ratio of 39.56 and a beta of 1.24. The stock has a 50 day moving average price of $18.48 and a 200 day moving average price of $17.19. Vishay Intertechnology, Inc. has a 52 week low of $13.70 and a 52 week high of $21.05.
Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $643.19 million. During the same quarter in the previous year, the company earned $0.23 earnings per share. Vishay Intertechnology’s quarterly revenue was up 9.3% on a year-over-year basis. Analysts forecast that Vishay Intertechnology, Inc. will post $1.35 EPS for the current year.
Vishay Intertechnology declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, August 2nd that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the semiconductor company to reacquire up to 5.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.
The business also recently declared a quarterly dividend, which was paid on Thursday, September 28th. Investors of record on Friday, September 15th were given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend was Thursday, September 14th. Vishay Intertechnology’s dividend payout ratio is currently 49.02%.
Vishay Intertechnology Company 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.
Want to see what other hedge funds are holding VSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vishay Intertechnology, Inc. (NYSE:VSH).
Receive News & Ratings for Vishay Intertechnology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology Inc. and related companies with MarketBeat.com's FREE daily email newsletter.