Mangrove Partners IM LLC Purchases Shares of 38,354 Vishay Intertechnology, Inc. $VSH

Mangrove Partners IM LLC purchased a new stake in Vishay Intertechnology, Inc. (NYSE:VSH) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 38,354 shares of the semiconductor company’s stock, valued at approximately $556,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VSH. Royal Bank of Canada grew its holdings in Vishay Intertechnology by 26.6% in the 1st quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company’s stock valued at $1,142,000 after buying an additional 15,079 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Vishay Intertechnology by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,123 shares of the semiconductor company’s stock valued at $1,179,000 after buying an additional 2,250 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Vishay Intertechnology by 5.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 250,154 shares of the semiconductor company’s stock valued at $3,977,000 after buying an additional 12,547 shares during the period. AXA S.A. grew its holdings in Vishay Intertechnology by 13.5% in the 2nd quarter. AXA S.A. now owns 176,254 shares of the semiconductor company’s stock valued at $2,799,000 after buying an additional 20,950 shares during the period. Finally, Quantinno Capital Management LP grew its holdings in Vishay Intertechnology by 132.4% in the 2nd quarter. Quantinno Capital Management LP now owns 52,791 shares of the semiconductor company’s stock valued at $838,000 after buying an additional 30,075 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on VSH shares. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Wall Street Zen lowered Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Bank of America lifted their price objective on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research note on Thursday, May 14th. Finally, Weiss Ratings raised Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Vishay Intertechnology currently has an average rating of “Moderate Buy” and an average target price of $24.00.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $60.40 on Wednesday. The firm has a market capitalization of $8.22 billion, a P/E ratio of 6,040.40 and a beta of 1.76. Vishay Intertechnology, Inc. has a 1-year low of $11.77 and a 1-year high of $66.65. 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 business’s 50-day simple moving average is $39.13 and its 200-day simple moving average is $24.96.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. The business had revenue of $839.24 million for the quarter, compared to analyst estimates of $823.54 million. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The company’s revenue was up 17.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.03) EPS. Equities analysts predict that Vishay Intertechnology, Inc. will post 0.75 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Thursday, June 18th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.40 annualized dividend and a yield of 0.7%. Vishay Intertechnology’s payout ratio is 4,000.00%.

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.