Neuberger Berman Group LLC lessened its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 7.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 111,076 shares of the semiconductor company’s stock after selling 8,764 shares during the period. Neuberger Berman Group LLC owned 0.08% of Vishay Intertechnology worth $1,844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in Vishay Intertechnology by 15.0% in the first quarter. Bank of America Corp DE now owns 513,444 shares of the semiconductor company’s stock valued at $8,446,000 after purchasing an additional 66,895 shares during the last quarter. Elkfork Partners LLC grew its stake in Vishay Intertechnology by 7.4% in the first quarter. Elkfork Partners LLC now owns 7,700 shares of the semiconductor company’s stock valued at $127,000 after purchasing an additional 532 shares during the last quarter. Bowling Portfolio Management LLC grew its stake in Vishay Intertechnology by 80.7% in the second quarter. Bowling Portfolio Management LLC now owns 93,581 shares of the semiconductor company’s stock valued at $1,553,000 after purchasing an additional 41,780 shares during the last quarter. Geode Capital Management LLC grew its stake in Vishay Intertechnology by 8.7% in the first quarter. Geode Capital Management LLC now owns 1,321,090 shares of the semiconductor company’s stock valued at $21,731,000 after purchasing an additional 105,833 shares during the last quarter. Finally, Prudential Financial Inc. grew its stake in Vishay Intertechnology by 18.9% in the second quarter. Prudential Financial Inc. now owns 1,514,638 shares of the semiconductor company’s stock valued at $25,143,000 after purchasing an additional 240,710 shares during the last quarter.

Several equities analysts have issued reports on VSH shares. BidaskClub upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $20.00 target price on the stock in a research note on Friday, July 14th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $17.00 target price on shares of Vishay Intertechnology in a research note on Friday, July 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Vishay Intertechnology currently has a consensus rating of “Hold” and an average target price of $18.50.

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Shares of Vishay Intertechnology, Inc. (NYSE:VSH) opened at 18.20 on Friday. The firm has a market cap of $2.66 billion, a P/E ratio of 34.54 and a beta of 1.23. Vishay Intertechnology, Inc. has a one year low of $13.66 and a one year high of $18.55. The firm has a 50-day moving average price of $17.47 and a 200 day moving average price of $16.77.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.02. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. The company had revenue of $644.89 million for the quarter, compared to the consensus estimate of $643.19 million. During the same quarter in the prior year, the business earned $0.23 EPS. Vishay Intertechnology’s revenue was up 9.3% on a year-over-year basis. On average, analysts forecast that Vishay Intertechnology, Inc. will post $1.34 earnings per share for the current fiscal year.

Vishay Intertechnology declared that its board has approved a share repurchase plan on Wednesday, August 2nd that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the semiconductor company to reacquire up to 5.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 28th. Stockholders of record on Friday, September 15th will be issued a $0.0625 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.37%. Vishay Intertechnology’s payout ratio is currently 49.02%.

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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