Live Oak Private Wealth LLC increased its holdings in Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) by 5.5% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 303,793 shares of the semiconductor company’s stock after purchasing an additional 15,941 shares during the period. Live Oak Private Wealth LLC owned approximately 0.22% of Vishay Intertechnology worth $4,824,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in the business. Woodline Partners LP boosted its stake in shares of Vishay Intertechnology by 142.4% during the first quarter. Woodline Partners LP now owns 4,292,204 shares of the semiconductor company’s stock valued at $68,246,000 after purchasing an additional 2,521,413 shares during the period. Bragg Financial Advisors Inc boosted its stake in shares of Vishay Intertechnology by 43.0% during the first quarter. Bragg Financial Advisors Inc now owns 1,584,441 shares of the semiconductor company’s stock valued at $25,193,000 after purchasing an additional 476,372 shares during the period. Nuveen LLC purchased a new stake in shares of Vishay Intertechnology during the first quarter valued at approximately $5,343,000. Allianz Asset Management GmbH boosted its stake in shares of Vishay Intertechnology by 32.8% during the second quarter. Allianz Asset Management GmbH now owns 1,172,466 shares of the semiconductor company’s stock valued at $18,619,000 after purchasing an additional 289,334 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Vishay Intertechnology by 443.2% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 346,855 shares of the semiconductor company’s stock valued at $5,515,000 after purchasing an additional 283,000 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on VSH shares. Wall Street Zen raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Zacks Research raised Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Vishay Intertechnology presently has an average rating of “Reduce” and a consensus price target of $19.00.
Vishay Intertechnology Stock Performance
Shares of VSH stock opened at $17.25 on Thursday. The stock has a fifty day moving average of $15.75 and a 200 day moving average of $15.25. Vishay Intertechnology, Inc. has a 52 week low of $10.35 and a 52 week high of $20.15. The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of -26.53 and a beta of 1.15. The company has a quick ratio of 1.64, a current ratio of 2.70 and a debt-to-equity ratio of 0.44.
Vishay Intertechnology (NYSE:VSH – Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.09). Vishay Intertechnology had a negative return on equity of 0.10% and a negative net margin of 3.00%.The business had revenue of $762.25 million during the quarter, compared to analysts’ expectations of $756.07 million. During the same period in the previous year, the business earned $0.17 EPS. The business’s revenue was up 2.8% compared to the same quarter last year. As a group, research analysts expect that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.
Vishay Intertechnology Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 11th were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.40 dividend on an annualized basis and a yield of 2.3%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -61.54%.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.
Featured Stories
- Five stocks we like better than Vishay Intertechnology
- What is a Microcap Stock? Everything You Need to Know
- These 3 High-Momentum ETFs Are Riding the Tech Wave
- How to Plot Fibonacci Price Inflection Levels
- Verizon Results Trigger Rebound in High-Yield Stock
- What is the Nikkei 225 index?
- Picks & Shovels: Investing in the Physical Foundation of AI
Want to see what other hedge funds are holding VSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vishay Intertechnology, Inc. (NYSE:VSH – Free Report).
Receive News & Ratings for Vishay Intertechnology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology and related companies with MarketBeat.com's FREE daily email newsletter.
