Vishay Intertechnology, Inc. (VSH) Stake Lowered by Sei Investments Co.
Sei Investments Co. trimmed its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 16.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,951 shares of the semiconductor company’s stock after selling 22,328 shares during the period. Sei Investments Co. owned 0.08% of Vishay Intertechnology worth $2,086,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Investment Management Company LLC grew its stake in Vishay Intertechnology by 1.4% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 23,404 shares of the semiconductor company’s stock valued at $290,000 after acquiring an additional 321 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Vishay Intertechnology by 9.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,800 shares of the semiconductor company’s stock valued at $113,000 after acquiring an additional 600 shares in the last quarter. Arizona State Retirement System grew its stake in Vishay Intertechnology by 1.4% during the second quarter. Arizona State Retirement System now owns 56,500 shares of the semiconductor company’s stock valued at $938,000 after acquiring an additional 800 shares in the last quarter. State Treasurer State of Michigan grew its stake in Vishay Intertechnology by 1.5% during the second quarter. State Treasurer State of Michigan now owns 55,252 shares of the semiconductor company’s stock valued at $917,000 after acquiring an additional 800 shares in the last quarter. Finally, Texas Permanent School Fund grew its stake in Vishay Intertechnology by 0.9% during the second quarter. Texas Permanent School Fund now owns 97,868 shares of the semiconductor company’s stock valued at $1,625,000 after acquiring an additional 889 shares in the last quarter.
In other Vishay Intertechnology news, CEO Gerald Paul sold 50,000 shares of Vishay Intertechnology stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $21.37, for a total value of $1,068,500.00. Following the completion of the transaction, the chief executive officer now directly owns 162,986 shares of the company’s stock, valued at approximately $3,483,010.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Abraham Ludomirski sold 20,000 shares of Vishay Intertechnology stock in a transaction on Monday, October 30th. The stock was sold at an average price of $21.79, for a total transaction of $435,800.00. Following the completion of the transaction, the director now directly owns 86,232 shares of the company’s stock, valued at $1,878,995.28. The disclosure for this sale can be found here. Company insiders own 7.91% of the company’s stock.
Several equities analysts recently weighed in on VSH shares. Zacks Investment Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 target price for the company in a research note on Thursday, October 5th. Stifel Nicolaus reaffirmed a “hold” rating and set a $17.00 target price on shares of Vishay Intertechnology in a research note on Monday, August 14th. Citigroup raised their target price on shares of Vishay Intertechnology from $16.00 to $19.00 and gave the company a “sell” rating in a research note on Friday, October 27th. Finally, BidaskClub cut shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $20.33.
Vishay Intertechnology, Inc. (VSH) traded down $0.20 on Monday, reaching $21.70. 1,849,200 shares of the company traded hands, compared to its average volume of 1,286,188. The stock has a market capitalization of $3,189.97, a PE ratio of 17.50, a price-to-earnings-growth ratio of 0.75 and a beta of 1.19. Vishay Intertechnology, Inc. has a 52 week low of $14.70 and a 52 week high of $23.45. The company has a quick ratio of 3.44, a current ratio of 4.33 and a debt-to-equity ratio of 0.38.
Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.05. Vishay Intertechnology had a net margin of 4.34% and a return on equity of 11.77%. The business had revenue of $677.90 million during the quarter, compared to analysts’ expectations of $660.32 million. During the same period last year, the company posted $0.25 EPS. The business’s revenue was up 14.5% on a year-over-year basis. analysts anticipate that Vishay Intertechnology, Inc. will post 1.4 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Thursday, December 7th will be paid a $0.0675 dividend. This is a boost from Vishay Intertechnology’s previous quarterly dividend of $0.06. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Wednesday, December 6th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 36.77%.
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Vishay Intertechnology 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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