Pflug Koory LLC increased its position in shares of Vishay Intertechnology (NYSE:VSH) by 13.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,310 shares of the semiconductor company’s stock after purchasing an additional 7,760 shares during the period. Vishay Intertechnology accounts for approximately 1.0% of Pflug Koory LLC’s portfolio, making the stock its 29th largest position. Pflug Koory LLC’s holdings in Vishay Intertechnology were worth $1,390,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of VSH. Parallax Volatility Advisers L.P. acquired a new stake in shares of Vishay Intertechnology in the second quarter worth $31,000. Nomura Holdings Inc. acquired a new position in shares of Vishay Intertechnology in the 2nd quarter valued at approximately $201,000. Commonwealth Bank of Australia raised its position in shares of Vishay Intertechnology by 50.0% in the 2nd quarter. Commonwealth Bank of Australia now owns 18,000 shares of the semiconductor company’s stock valued at $297,000 after purchasing an additional 6,000 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of Vishay Intertechnology by 53.0% during the 3rd quarter. Stifel Financial Corp now owns 18,076 shares of the semiconductor company’s stock valued at $305,000 after buying an additional 6,261 shares during the last quarter. Finally, Point72 Asset Management L.P. boosted its stake in shares of Vishay Intertechnology by 410.0% during the 3rd quarter. Point72 Asset Management L.P. now owns 18,100 shares of the semiconductor company’s stock valued at $306,000 after buying an additional 14,551 shares during the last quarter. Hedge funds and other institutional investors own 86.47% of the company’s stock.

VSH traded up $0.74 during trading hours on Tuesday, hitting $22.65. The company’s stock had a trading volume of 1,936,000 shares, compared to its average volume of 939,244. The company has a 50-day simple moving average of $20.80 and a 200 day simple moving average of $18.10. The company has a current ratio of 3.52, a quick ratio of 2.59 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $3.25 billion, a PE ratio of 10.68 and a beta of 1.55. Vishay Intertechnology has a fifty-two week low of $14.36 and a fifty-two week high of $22.94.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Tuesday, October 29th. The semiconductor company reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.04. Vishay Intertechnology had a return on equity of 17.23% and a net margin of 8.90%. The company had revenue of $628.30 million during the quarter, compared to analyst estimates of $622.71 million. During the same quarter in the previous year, the firm posted $0.60 EPS. The firm’s quarterly revenue was down 19.6% on a year-over-year basis. Research analysts expect that Vishay Intertechnology will post 1.32 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Thursday, December 12th were paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date was Wednesday, December 11th. Vishay Intertechnology’s dividend payout ratio is currently 17.92%.

In related news, Director Michael J. Cody bought 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was purchased at an average price of $19.40 per share, for a total transaction of $38,800.00. Following the transaction, the director now directly owns 11,162 shares of the company’s stock, valued at approximately $216,542.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ziv Shoshani sold 30,000 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $20.85, for a total transaction of $625,500.00. Following the sale, the director now owns 42,030 shares in the company, valued at $876,325.50. The disclosure for this sale can be found here. 8.07% of the stock is owned by insiders.

Several equities analysts have recently commented on the stock. Zacks Investment Research cut shares of Vishay Intertechnology from a “hold” rating to a “strong sell” rating and set a $21.00 price target on the stock. in a research report on Sunday, November 3rd. ValuEngine lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Friday, December 20th. Finally, Bank of America cut shares of Vishay Intertechnology from a “neutral” rating to an “underperform” rating and set a $17.00 target price for the company. in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $18.33.

Vishay Intertechnology Company Profile

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.

See Also: Capital Gains Distribution

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Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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