Royce & Associates LP Sells 307,040 Shares of Vishay Intertechnology, Inc. $VSH

Royce & Associates LP lowered its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 18.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,382,333 shares of the semiconductor company’s stock after selling 307,040 shares during the period. Royce & Associates LP owned 1.02% of Vishay Intertechnology worth $20,030,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Vishay Intertechnology by 2.3% in the third quarter. Vanguard Group Inc. now owns 16,617,109 shares of the semiconductor company’s stock valued at $254,242,000 after acquiring an additional 375,378 shares during the last quarter. Woodline Partners LP raised its stake 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 valued at $104,251,000 after acquiring an additional 1,377,356 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Vishay Intertechnology by 0.9% in the third quarter. American Century Companies Inc. now owns 4,180,606 shares of the semiconductor company’s stock valued at $63,963,000 after acquiring an additional 36,791 shares during the last quarter. Bragg Financial Advisors Inc raised its stake in shares of Vishay Intertechnology by 11.3% in the second quarter. Bragg Financial Advisors Inc now owns 1,762,937 shares of the semiconductor company’s stock valued at $27,995,000 after acquiring an additional 178,496 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its stake in shares of Vishay Intertechnology by 38.4% in the third quarter. Allianz Asset Management GmbH now owns 1,622,940 shares of the semiconductor company’s stock valued at $24,831,000 after acquiring an additional 450,474 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Trading Up 6.5%

Vishay Intertechnology stock opened at $50.32 on Wednesday. The firm has a 50-day moving average of $27.06 and a 200-day moving average of $20.25. Vishay Intertechnology, Inc. has a one year low of $11.77 and a one year high of $50.74. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53. The company has a market cap of $6.83 billion, a price-to-earnings ratio of 5,032.00 and a beta of 1.53.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $839.24 million for 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 period in the prior year, the firm earned ($0.03) EPS. On average, equities analysts expect that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Thursday, June 18th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio is presently 4,000.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on VSH shares. Argus upgraded shares of Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Bank of America lifted their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research note on Thursday, May 14th. Wall Street Zen upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Weiss Ratings upgraded shares of Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

Vishay Intertechnology Company 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.