GAM Holding AG Has $1.35 Million Holdings in Vishay Intertechnology (VSH)
GAM Holding AG raised its stake in shares of Vishay Intertechnology (NYSE:VSH) by 13.3% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 66,394 shares of the semiconductor company’s stock after purchasing an additional 7,788 shares during the period. GAM Holding AG’s holdings in Vishay Intertechnology were worth $1,351,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its stake in Vishay Intertechnology by 402.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 11,438 shares of the semiconductor company’s stock valued at $265,000 after purchasing an additional 9,163 shares during the last quarter. GSA Capital Partners LLP boosted its stake in shares of Vishay Intertechnology by 283.4% in the 2nd quarter. GSA Capital Partners LLP now owns 95,527 shares of the semiconductor company’s stock worth $2,216,000 after buying an additional 70,612 shares during the last quarter. Strs Ohio boosted its stake in shares of Vishay Intertechnology by 94.8% in the 2nd quarter. Strs Ohio now owns 11,300 shares of the semiconductor company’s stock worth $262,000 after buying an additional 5,500 shares during the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of Vishay Intertechnology by 2.8% in the 2nd quarter. Mutual of America Capital Management LLC now owns 117,599 shares of the semiconductor company’s stock worth $2,728,000 after buying an additional 3,167 shares during the last quarter. Finally, Vident Investment Advisory LLC boosted its stake in shares of Vishay Intertechnology by 4.4% in the 2nd quarter. Vident Investment Advisory LLC now owns 176,882 shares of the semiconductor company’s stock worth $4,103,000 after buying an additional 7,526 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.
Shares of NYSE VSH opened at $20.22 on Friday. Vishay Intertechnology has a twelve month low of $16.87 and a twelve month high of $26.50. The company has a market capitalization of $2.91 billion, a PE ratio of 14.14, a price-to-earnings-growth ratio of 1.07 and a beta of 1.35. The company has a current ratio of 3.71, a quick ratio of 2.82 and a debt-to-equity ratio of 0.46.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Thursday, December 6th will be paid a $0.085 dividend. The ex-dividend date is Wednesday, December 5th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.68%. Vishay Intertechnology’s payout ratio is presently 23.78%.
VSH has been the topic of a number of research analyst reports. ValuEngine downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Thursday, August 9th. Zacks Investment Research downgraded Vishay Intertechnology from a “strong-buy” rating to a “hold” rating and set a $22.00 target price on the stock. in a research note on Saturday, October 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $25.00.
In other news, Director Thomas C. Wertheimer sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $20.88, for a total value of $208,800.00. Following the transaction, the director now owns 51,137 shares in the company, valued at approximately $1,067,740.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 7.91% of the stock is owned by insiders.
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About Vishay Intertechnology
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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