Virtu KCG Holdings LLC Has $658,000 Stake in Vishay Intertechnology, Inc. (VSH)
Virtu KCG Holdings LLC increased its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 22.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 39,611 shares of the semiconductor company’s stock after acquiring an additional 7,357 shares during the period. Virtu KCG Holdings LLC’s holdings in Vishay Intertechnology were worth $658,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the company. Teachers Retirement System of The State of Kentucky grew its position in shares of Vishay Intertechnology by 7.3% during the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 29,280 shares of the semiconductor company’s stock valued at $486,000 after acquiring an additional 2,000 shares during the period. Citadel Advisors LLC lifted its stake in Vishay Intertechnology by 179.3% in the 2nd quarter. Citadel Advisors LLC now owns 105,276 shares of the semiconductor company’s stock valued at $1,747,000 after buying an additional 67,583 shares in the last quarter. Hancock Holding Co. lifted its stake in Vishay Intertechnology by 118.3% in the 2nd quarter. Hancock Holding Co. now owns 137,993 shares of the semiconductor company’s stock valued at $2,291,000 after buying an additional 74,793 shares in the last quarter. Sawgrass Asset Management LLC lifted its stake in Vishay Intertechnology by 184.5% in the 2nd quarter. Sawgrass Asset Management LLC now owns 73,590 shares of the semiconductor company’s stock valued at $1,222,000 after buying an additional 47,720 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in Vishay Intertechnology in the 2nd quarter valued at about $242,000.
A number of brokerages recently weighed in on VSH. Zacks Investment Research lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. BidaskClub raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $17.00 price target on shares of Vishay Intertechnology in a research note on Monday, August 14th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $19.50.
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Vishay Intertechnology, Inc. (NYSE VSH) opened at 20.50 on Friday. The company has a 50-day moving average of $18.03 and a 200-day moving average of $17.06. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 38.90 and a beta of 1.24. Vishay Intertechnology, Inc. has a 52 week low of $13.66 and a 52 week high of $20.60.
Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.02. Vishay Intertechnology had a net margin of 3.34% and a return on equity of 9.89%. The company had revenue of $644.89 million for the quarter, compared to analyst estimates of $643.19 million. During the same period in the prior year, the business posted $0.23 earnings per share. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. Analysts anticipate that Vishay Intertechnology, Inc. will post $1.35 earnings per share for the current year.
Vishay Intertechnology announced that its Board of Directors has initiated a stock 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 buy up to 5.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.
The business also recently announced a quarterly dividend, which was paid on Thursday, September 28th. Shareholders of record on Friday, September 15th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.25 annualized dividend and a yield of 1.22%. 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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