Vanguard Group Inc. Boosts Stock Position in Vishay Intertechnology, Inc. $VSH

Vanguard Group Inc. increased its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 0.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 16,644,213 shares of the semiconductor company’s stock after acquiring an additional 27,104 shares during the quarter. Vanguard Group Inc. owned about 0.12% of Vishay Intertechnology worth $241,175,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VSH. Woodline Partners LP raised its position in shares of Vishay Intertechnology by 25.3% in the third quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock worth $104,251,000 after buying an additional 1,377,356 shares in the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Vishay Intertechnology in the third quarter worth $12,306,000. Two Sigma Investments LP raised its position in shares of Vishay Intertechnology by 1,440.5% in the third quarter. Two Sigma Investments LP now owns 844,508 shares of the semiconductor company’s stock worth $12,921,000 after buying an additional 789,686 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Vishay Intertechnology in the third quarter worth $7,687,000. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Vishay Intertechnology in the second quarter worth $7,264,000. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Trading Up 5.1%

NYSE VSH opened at $34.27 on Friday. The stock’s 50-day simple moving average is $21.36 and its two-hundred day simple moving average is $18.14. Vishay Intertechnology, Inc. has a twelve month low of $11.77 and a twelve month high of $34.85. The company has a quick ratio of 1.57, a current ratio of 2.62 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $4.65 billion, a price-to-earnings ratio of -489.43 and a beta of 1.53.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The firm had revenue of $800.92 million for the quarter, compared to analysts’ expectations of $790.47 million. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. Research analysts forecast that Vishay Intertechnology, Inc. will post 0.51 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were given a dividend of $0.10 per share. The ex-dividend date was Thursday, March 12th. This represents a $0.40 dividend on an annualized basis and a yield of 1.2%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -571.43%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Bank of America increased their price objective on Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research report on Thursday, January 22nd. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. JPMorgan Chase & Co. increased their price objective on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, Zacks Research upgraded Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Vishay Intertechnology presently has an average rating of “Hold” and a consensus target price of $18.00.

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.