Los Angeles Capital Management & Equity Research Inc. Buys 25,621 Shares of Vishay Intertechnology Inc. (VSH)
Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of Vishay Intertechnology Inc. (NYSE:VSH) by 59.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,795 shares of the company’s stock after buying an additional 25,621 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in Vishay Intertechnology were worth $852,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of VSH. LS Investment Advisors LLC increased its stake in shares of Vishay Intertechnology by 69.0% in the second quarter. LS Investment Advisors LLC now owns 8,114 shares of the company’s stock valued at $101,000 after buying an additional 3,312 shares in the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in shares of Vishay Intertechnology during the second quarter valued at about $129,000. Envestnet Asset Management Inc. increased its stake in shares of Vishay Intertechnology by 39.3% in the first quarter. Envestnet Asset Management Inc. now owns 11,001 shares of the company’s stock valued at $134,000 after buying an additional 3,105 shares in the last quarter. Invictus RG acquired a new stake in shares of Vishay Intertechnology during the first quarter valued at about $160,000. Finally, Pacad Investment Ltd. acquired a new stake in shares of Vishay Intertechnology during the first quarter valued at about $160,000.
Vishay Intertechnology Inc. (NYSE:VSH) traded down 0.07% during midday trading on Monday, reaching $13.79. The company had a trading volume of 804,867 shares. Vishay Intertechnology Inc. has a one year low of $9.24 and a one year high of $14.28. The stock’s 50 day moving average price is $13.73 and its 200-day moving average price is $12.73. The firm’s market capitalization is $2.03 billion.
Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.22 by $0.01. Vishay Intertechnology had a negative net margin of 4.58% and a positive return on equity of 6.55%. The firm had revenue of $590 million for the quarter, compared to analysts’ expectations of $586.45 million. During the same period in the previous year, the firm posted $0.20 EPS. The company’s revenue for the quarter was down .1% on a year-over-year basis. On average, equities research analysts anticipate that Vishay Intertechnology Inc. will post $0.88 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 29th. Shareholders of record on Thursday, September 15th will be given a dividend of $0.0625 per share. The ex-dividend date is Tuesday, September 13th. This represents a $0.25 annualized dividend and a yield of 1.81%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -35.21%.
Several equities research analysts have recently issued reports on the company. Argus reaffirmed a “buy” rating on shares of Vishay Intertechnology in a research report on Wednesday, August 10th. Zacks Investment Research downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Friday, July 29th.
About Vishay Intertechnology
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five segments. The MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs. The Diodes segment’s products include rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers (SCRs) and power modules.
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