Vishay Intertechnology (VSH) Holdings Increased by Foundry Partners LLC
Foundry Partners LLC grew its holdings in shares of Vishay Intertechnology (NYSE:VSH) by 7.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 908,809 shares of the semiconductor company’s stock after acquiring an additional 66,652 shares during the period. Foundry Partners LLC’s holdings in Vishay Intertechnology were worth $16,786,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the business. Strs Ohio boosted its position in shares of Vishay Intertechnology by 8.2% during the 1st quarter. Strs Ohio now owns 9,200 shares of the semiconductor company’s stock worth $169,000 after purchasing an additional 700 shares in the last quarter. LPL Financial LLC boosted its position in shares of Vishay Intertechnology by 6.0% during the 4th quarter. LPL Financial LLC now owns 13,013 shares of the semiconductor company’s stock worth $234,000 after purchasing an additional 735 shares in the last quarter. Alpha Windward LLC boosted its position in shares of Vishay Intertechnology by 4.0% during the 4th quarter. Alpha Windward LLC now owns 24,780 shares of the semiconductor company’s stock worth $446,000 after purchasing an additional 960 shares in the last quarter. Arizona State Retirement System boosted its position in shares of Vishay Intertechnology by 1.1% during the 4th quarter. Arizona State Retirement System now owns 94,826 shares of the semiconductor company’s stock worth $1,708,000 after purchasing an additional 1,016 shares in the last quarter. Finally, Comerica Bank boosted its position in shares of Vishay Intertechnology by 1.4% during the 4th quarter. Comerica Bank now owns 85,247 shares of the semiconductor company’s stock worth $1,610,000 after purchasing an additional 1,190 shares in the last quarter. Hedge funds and other institutional investors own 90.45% of the company’s stock.
In related news, Chairman Marc Zandman sold 85,361 shares of the firm’s stock in a transaction dated Thursday, February 28th. The shares were sold at an average price of $21.88, for a total value of $1,867,698.68. Following the transaction, the chairman now owns 50,585 shares of the company’s stock, valued at approximately $1,106,799.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Gerald Paul sold 66,000 shares of the firm’s stock in a transaction dated Thursday, February 28th. The shares were sold at an average price of $21.77, for a total transaction of $1,436,820.00. Following the completion of the transaction, the chief executive officer now directly owns 220,824 shares in the company, valued at approximately $4,807,338.48. The disclosure for this sale can be found here. In the last ninety days, insiders sold 157,782 shares of company stock worth $3,444,175. 8.07% of the stock is owned by insiders.
NYSE VSH traded down $0.65 during trading hours on Monday, hitting $19.82. The company’s stock had a trading volume of 81,747 shares, compared to its average volume of 1,155,887. Vishay Intertechnology has a 52 week low of $16.63 and a 52 week high of $26.50. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of 9.32, a PEG ratio of 1.03 and a beta of 1.40. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.02 and a current ratio of 2.77.
Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Tuesday, February 5th. The semiconductor company reported $0.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.07. Vishay Intertechnology had a net margin of 11.39% and a return on equity of 22.78%. The business had revenue of $775.90 million for the quarter, compared to analysts’ expectations of $761.79 million. During the same quarter last year, the firm earned $0.37 EPS. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. On average, sell-side analysts predict that Vishay Intertechnology will post 2.16 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were given a $0.085 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.34 annualized dividend and a yield of 1.72%. Vishay Intertechnology’s payout ratio is 16.04%.
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.
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