Royce & Associates LP Has $25.85 Million Position in Vishay Intertechnology, Inc. $VSH

Royce & Associates LP decreased its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 22.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,689,373 shares of the semiconductor company’s stock after selling 491,571 shares during the period. Royce & Associates LP’s holdings in Vishay Intertechnology were worth $25,847,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. State of Alaska Department of Revenue lifted its position in Vishay Intertechnology by 25.6% in the 3rd quarter. State of Alaska Department of Revenue now owns 247,392 shares of the semiconductor company’s stock valued at $3,784,000 after acquiring an additional 50,467 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Vishay Intertechnology during the third quarter worth $1,911,000. Live Oak Private Wealth LLC raised its position in Vishay Intertechnology by 45.7% in the 3rd quarter. Live Oak Private Wealth LLC now owns 442,758 shares of the semiconductor company’s stock valued at $6,774,000 after buying an additional 138,965 shares during the last quarter. Atria Investments Inc lifted its stake in Vishay Intertechnology by 21.0% during the 2nd quarter. Atria Investments Inc now owns 25,478 shares of the semiconductor company’s stock valued at $405,000 after acquiring an additional 4,423 shares in the last quarter. Finally, Brandywine Global Investment Management LLC purchased a new position in Vishay Intertechnology during the 2nd quarter worth $3,451,000. 93.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on VSH shares. Zacks Research downgraded shares of Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. JPMorgan Chase & Co. lifted their price target on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Bank of America upped their price objective on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a research note on Thursday, January 22nd. Finally, Argus raised Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $18.00.

Vishay Intertechnology Stock Down 3.9%

VSH stock opened at $18.69 on Monday. The stock has a fifty day moving average of $17.91 and a 200-day moving average of $16.14. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $22.00. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of -266.99 and a beta of 1.14. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The business had revenue of $800.92 million for the quarter, compared to the consensus estimate of $790.47 million. Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The company’s revenue was up 12.1% compared to the same quarter last year. As a group, equities research analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.40 dividend on an annualized basis and a yield of 2.1%. Vishay Intertechnology’s payout ratio is presently -571.43%.

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.