Wasatch Advisors LP Grows Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Wasatch Advisors LP raised its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 33.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,858,012 shares of the semiconductor company’s stock after buying an additional 468,854 shares during the period. Wasatch Advisors LP owned approximately 1.34% of Vishay Intertechnology worth $44,537,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of VSH. EHP Funds Inc. boosted its position in shares of Vishay Intertechnology by 3.7% in the 4th quarter. EHP Funds Inc. now owns 13,900 shares of the semiconductor company’s stock worth $333,000 after buying an additional 500 shares in the last quarter. AlphaMark Advisors LLC raised its position in Vishay Intertechnology by 5.4% during the fourth quarter. AlphaMark Advisors LLC now owns 10,024 shares of the semiconductor company’s stock worth $240,000 after acquiring an additional 510 shares during the last quarter. Jennison Associates LLC lifted its holdings in shares of Vishay Intertechnology by 1.3% in the fourth quarter. Jennison Associates LLC now owns 48,421 shares of the semiconductor company’s stock valued at $1,161,000 after purchasing an additional 635 shares in the last quarter. Modera Wealth Management LLC grew its position in shares of Vishay Intertechnology by 2.1% in the third quarter. Modera Wealth Management LLC now owns 33,564 shares of the semiconductor company’s stock valued at $830,000 after purchasing an additional 703 shares during the last quarter. Finally, Hexagon Capital Partners LLC increased its stake in shares of Vishay Intertechnology by 183.8% during the 4th quarter. Hexagon Capital Partners LLC now owns 2,123 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 1,375 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Director John Malvisi acquired 8,929 shares of the stock in a transaction dated Friday, May 10th. The stock was acquired at an average price of $22.60 per share, with a total value of $201,795.40. Following the completion of the transaction, the director now directly owns 16,438 shares in the company, valued at $371,498.80. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 8.14% of the company’s stock.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock traded down $0.18 during midday trading on Tuesday, reaching $22.45. 16,774 shares of the company were exchanged, compared to its average volume of 1,229,489. The firm’s 50-day simple moving average is $22.68 and its 200-day simple moving average is $22.63. Vishay Intertechnology, Inc. has a 1 year low of $20.83 and a 1 year high of $30.10. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 13.01 and a beta of 1.14. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.08 and a current ratio of 3.02.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Wednesday, May 8th. The semiconductor company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02. The business had revenue of $746.30 million during the quarter, compared to the consensus estimate of $735.96 million. Vishay Intertechnology had a net margin of 7.41% and a return on equity of 11.95%. The company’s quarterly revenue was down 14.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.79 earnings per share. On average, analysts anticipate that Vishay Intertechnology, Inc. will post 0.87 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, June 13th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.40 annualized dividend and a yield of 1.78%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 22.99%.

Analyst Ratings Changes

Separately, Stifel Nicolaus reaffirmed a “buy” rating and issued a $25.00 target price on shares of Vishay Intertechnology in a research note on Wednesday, April 3rd.

About Vishay Intertechnology

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