Principal Financial Group Inc. Trims Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Principal Financial Group Inc. trimmed its holdings in Vishay Intertechnology, Inc. (NYSE:VSHGet Rating) by 2.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,476,318 shares of the semiconductor company’s stock after selling 33,797 shares during the quarter. Principal Financial Group Inc. owned approximately 1.02% of Vishay Intertechnology worth $32,287,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. O Shaughnessy Asset Management LLC raised its holdings in shares of Vishay Intertechnology by 18.6% in the third quarter. O Shaughnessy Asset Management LLC now owns 3,088 shares of the semiconductor company’s stock worth $62,000 after buying an additional 485 shares during the period. Point72 Hong Kong Ltd purchased a new position in Vishay Intertechnology during the 3rd quarter worth $117,000. Emerald Advisers LLC purchased a new position in Vishay Intertechnology during the 4th quarter worth $162,000. C M Bidwell & Associates Ltd. increased its holdings in Vishay Intertechnology by 1,686.0% during the 3rd quarter. C M Bidwell & Associates Ltd. now owns 9,555 shares of the semiconductor company’s stock worth $192,000 after purchasing an additional 9,020 shares during the period. Finally, Profund Advisors LLC purchased a new position in Vishay Intertechnology during the 4th quarter worth $226,000. Hedge funds and other institutional investors own 84.04% of the company’s stock.

VSH has been the topic of several research reports. Zacks Investment Research upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating and set a $21.00 price objective on the stock in a report on Friday, February 11th. StockNews.com initiated coverage on Vishay Intertechnology in a report on Thursday, March 31st. They set a “buy” rating on the stock.

Shares of NYSE:VSH opened at $19.53 on Friday. Vishay Intertechnology, Inc. has a 12-month low of $17.57 and a 12-month high of $24.46. The business’s fifty day simple moving average is $19.04 and its 200-day simple moving average is $20.10. The company has a market capitalization of $2.83 billion, a PE ratio of 8.60, a P/E/G ratio of 0.32 and a beta of 1.29. The company has a current ratio of 3.06, a quick ratio of 2.17 and a debt-to-equity ratio of 0.25.

Vishay Intertechnology (NYSE:VSHGet Rating) last announced its quarterly earnings results on Tuesday, May 3rd. The semiconductor company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.13. Vishay Intertechnology had a return on equity of 21.51% and a net margin of 9.91%. The business had revenue of $853.79 million for the quarter, compared to the consensus estimate of $844.14 million. During the same period last year, the business posted $0.46 EPS. The business’s revenue was up 11.7% compared to the same quarter last year. Research analysts predict that Vishay Intertechnology, Inc. will post 2.68 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 30th. Stockholders of record on Thursday, March 17th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, March 16th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.05%. Vishay Intertechnology’s dividend payout ratio is presently 17.62%.

Vishay Intertechnology Company Profile (Get Rating)

Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. It operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors.

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

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