WealthTrust Axiom LLC Makes New Investment in Vishay Intertechnology, Inc. (NYSE:VSH)

WealthTrust Axiom LLC acquired a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 8,771 shares of the semiconductor company’s stock, valued at approximately $210,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. QRG Capital Management Inc. acquired a new stake in Vishay Intertechnology during the third quarter worth approximately $651,000. Vanguard Group Inc. increased its holdings in shares of Vishay Intertechnology by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 14,136,439 shares of the semiconductor company’s stock valued at $349,453,000 after acquiring an additional 202,530 shares during the period. Live Oak Private Wealth LLC acquired a new position in shares of Vishay Intertechnology in the 4th quarter valued at $4,791,000. Alexander Randolph Advisory Inc. acquired a new position in shares of Vishay Intertechnology in the 4th quarter valued at $1,826,000. Finally, Pacer Advisors Inc. increased its holdings in shares of Vishay Intertechnology by 59.5% in the 4th quarter. Pacer Advisors Inc. now owns 44,185 shares of the semiconductor company’s stock valued at $1,059,000 after acquiring an additional 16,476 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus reaffirmed a “buy” rating and issued a $25.00 target price on shares of Vishay Intertechnology in a report on Wednesday, April 3rd.

Insider Activity at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 26,154 shares of Vishay Intertechnology stock in a transaction on Monday, March 4th. The shares were sold at an average price of $22.83, for a total value of $597,095.82. Following the transaction, the chairman now directly owns 73,678 shares in the company, valued at approximately $1,682,068.74. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 8.14% of the stock is currently owned by insiders.

Vishay Intertechnology Stock Performance

Shares of Vishay Intertechnology stock opened at $23.14 on Wednesday. The firm’s fifty day simple moving average is $22.11 and its 200-day simple moving average is $22.51. The stock has a market capitalization of $3.18 billion, a price-to-earnings ratio of 10.02 and a beta of 1.24. Vishay Intertechnology, Inc. has a 12 month low of $20.82 and a 12 month high of $30.10. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.32 and a quick ratio of 2.38.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, February 7th. The semiconductor company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $785.24 million for the quarter, compared to analysts’ expectations of $787.15 million. Vishay Intertechnology had a net margin of 9.52% and a return on equity of 15.72%. During the same period in the previous year, the company posted $0.69 EPS. The company’s quarterly revenue was down 8.2% on a year-over-year basis. As a group, equities analysts forecast that Vishay Intertechnology, Inc. will post 1.1 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 14th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.40 dividend on an annualized basis and a yield of 1.73%. Vishay Intertechnology’s dividend payout ratio (DPR) is 17.32%.

Vishay Intertechnology Company 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.