BNP Paribas Arbitrage SA increased its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 26.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 142,550 shares of the semiconductor company’s stock after buying an additional 29,571 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.10% of Vishay Intertechnology worth $2,366,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. US Bancorp DE increased its position in shares of Vishay Intertechnology by 0.5% in the first quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock worth $144,000 after buying an additional 45 shares during the last quarter. Capstone Asset Management Co. increased its position in shares of Vishay Intertechnology by 0.5% in the first quarter. Capstone Asset Management Co. now owns 17,708 shares of the semiconductor company’s stock worth $291,000 after buying an additional 80 shares during the last quarter. Wedge Capital Management L L P NC increased its position in shares of Vishay Intertechnology by 0.4% in the first quarter. Wedge Capital Management L L P NC now owns 30,510 shares of the semiconductor company’s stock worth $502,000 after buying an additional 126 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Vishay Intertechnology by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 18,468 shares of the semiconductor company’s stock worth $304,000 after buying an additional 219 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Vishay Intertechnology by 2.5% in the first quarter. Envestnet Asset Management Inc. now owns 12,657 shares of the semiconductor company’s stock worth $208,000 after buying an additional 308 shares during the last quarter.

Vishay Intertechnology, Inc. (VSH) opened at 17.55 on Thursday. The firm’s 50-day moving average price is $17.43 and its 200-day moving average price is $16.62. Vishay Intertechnology, Inc. has a 12 month low of $13.37 and a 12 month high of $18.55. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of 33.30 and a beta of 1.22.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.02. The business had revenue of $644.89 million during the quarter, compared to the consensus estimate of $643.19 million. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. Vishay Intertechnology’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.23 earnings per share. Equities research analysts predict that Vishay Intertechnology, Inc. will post $1.34 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 28th. Shareholders of record on Friday, September 15th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.25 dividend on an annualized basis and a yield of 1.42%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 49.02%.

Vishay Intertechnology declared that its board has initiated a share buyback program on Wednesday, August 2nd that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the semiconductor company to reacquire up to 5.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

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A number of brokerages recently commented on VSH. BidaskClub downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Tuesday, August 22nd. ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Stifel Nicolaus restated a “hold” rating and set a $17.00 price objective on shares of Vishay Intertechnology in a research note on Friday, July 14th. Finally, Zacks Investment Research downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, May 6th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $18.50.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.

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Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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