Mizuho Markets Americas LLC Buys 28,000 Shares of Vishay Intertechnology, Inc. $VSH

Mizuho Markets Americas LLC raised its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 3.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 813,367 shares of the semiconductor company’s stock after acquiring an additional 28,000 shares during the period. Mizuho Markets Americas LLC’s holdings in Vishay Intertechnology were worth $12,445,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VSH. Norges Bank purchased a new position in Vishay Intertechnology during the second quarter valued at $84,496,000. Russell Investments Group Ltd. raised its position in shares of Vishay Intertechnology by 110.6% during the second quarter. Russell Investments Group Ltd. now owns 1,346,964 shares of the semiconductor company’s stock valued at $21,390,000 after buying an additional 707,395 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Vishay Intertechnology in the second quarter worth about $7,264,000. Cubist Systematic Strategies LLC bought a new stake in shares of Vishay Intertechnology in the 2nd quarter worth about $6,167,000. Finally, Allianz Asset Management GmbH lifted its stake in shares of Vishay Intertechnology by 32.8% in the 2nd 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 last quarter. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Stock Performance

VSH opened at $18.30 on Monday. The firm’s fifty day simple moving average is $14.76 and its two-hundred day simple moving average is $15.55. Vishay Intertechnology, Inc. has a 52-week low of $10.35 and a 52-week high of $19.81. The company has a market cap of $2.48 billion, a price-to-earnings ratio of -32.11 and a beta of 1.12. The company has a quick ratio of 1.60, a current ratio of 2.67 and a debt-to-equity ratio of 0.44.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Wednesday, November 5th. The semiconductor company reported $0.04 EPS for the quarter, hitting the consensus estimate of $0.04. The firm had revenue of $790.64 million during the quarter, compared to analysts’ expectations of $779.81 million. Vishay Intertechnology had a negative return on equity of 0.36% and a negative net margin of 2.56%.The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.08 earnings per share. Equities analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, December 3rd were paid a $0.10 dividend. The ex-dividend date was Wednesday, December 3rd. This represents a $0.40 annualized dividend and a dividend yield of 2.2%. Vishay Intertechnology’s payout ratio is -70.18%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Vishay Intertechnology has a consensus rating of “Reduce”.

About Vishay Intertechnology

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.