Systematic Financial Management LP Sells 14,296 Shares of Vishay Intertechnology, Inc. $VSH

Systematic Financial Management LP lowered its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 0.9% in the fourth quarter, Holdings Channel reports. The firm owned 1,538,795 shares of the semiconductor company’s stock after selling 14,296 shares during the quarter. Systematic Financial Management LP’s holdings in Vishay Intertechnology were worth $22,297,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Royal Bank of Canada grew its position in shares of Vishay Intertechnology by 26.6% in the 1st quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company’s stock valued at $1,142,000 after acquiring an additional 15,079 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Vishay Intertechnology by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,123 shares of the semiconductor company’s stock valued at $1,179,000 after acquiring an additional 2,250 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Vishay Intertechnology by 5.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 250,154 shares of the semiconductor company’s stock valued at $3,977,000 after acquiring an additional 12,547 shares during the period. AXA S.A. grew its position in shares of Vishay Intertechnology by 13.5% in the 2nd quarter. AXA S.A. now owns 176,254 shares of the semiconductor company’s stock valued at $2,799,000 after acquiring an additional 20,950 shares during the period. Finally, Quantinno Capital Management LP grew its position in shares of Vishay Intertechnology by 132.4% in the 2nd quarter. Quantinno Capital Management LP now owns 52,791 shares of the semiconductor company’s stock valued at $838,000 after acquiring an additional 30,075 shares during the period. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $47.36 on Friday. The firm has a 50-day moving average of $25.79 and a 200-day moving average of $19.76. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 2.64. The stock has a market cap of $6.43 billion, a PE ratio of 4,735.70 and a beta of 1.53. Vishay Intertechnology, Inc. has a 52-week low of $11.77 and a 52-week high of $47.94.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $839.24 million during the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. Vishay Intertechnology’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same quarter last year, the company posted ($0.03) EPS. On average, sell-side analysts anticipate that Vishay Intertechnology, Inc. will post 0.75 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Thursday, June 18th will be paid a $0.10 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.40 annualized dividend and a yield of 0.8%. Vishay Intertechnology’s payout ratio is 4,000.00%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. Weiss Ratings raised shares of Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Bank of America lifted their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. Zacks Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Finally, Wall Street Zen raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $24.00.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.