Charles Schwab Investment Management Inc. lifted its holdings in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 17.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,709,994 shares of the semiconductor company's stock after purchasing an additional 248,741 shares during the period. Charles Schwab Investment Management Inc. owned about 1.25% of Vishay Intertechnology worth $32,336,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Matrix Trust Co purchased a new stake in shares of Vishay Intertechnology in the 3rd quarter worth approximately $25,000. Massmutual Trust Co. FSB ADV raised its stake in shares of Vishay Intertechnology by 173.9% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company's stock worth $30,000 after acquiring an additional 868 shares in the last quarter. nVerses Capital LLC bought a new position in shares of Vishay Intertechnology during the 2nd quarter worth approximately $45,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Vishay Intertechnology by 11,136.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company's stock worth $48,000 after acquiring an additional 2,116 shares in the last quarter. Finally, Adirondack Trust Co. raised its stake in shares of Vishay Intertechnology by 71.4% during the 3rd quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company's stock worth $91,000 after acquiring an additional 2,000 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the stock. TD Cowen reduced their price objective on shares of Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating for the company in a research note on Thursday, August 8th. StockNews.com lowered shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Wednesday, November 27th.
Get Our Latest Stock Analysis on Vishay Intertechnology
Vishay Intertechnology Stock Performance
Vishay Intertechnology stock traded up $0.41 during mid-day trading on Wednesday, reaching $18.90. 2,332,976 shares of the company traded hands, compared to its average volume of 1,324,391. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. Vishay Intertechnology, Inc. has a fifty-two week low of $14.95 and a fifty-two week high of $24.72. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 29.81 and a beta of 1.12. The firm's fifty day moving average is $17.61 and its two-hundred day moving average is $20.21.
Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.06). The business had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The firm's revenue was down 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.60 EPS. On average, equities research analysts expect that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current fiscal year.
Vishay Intertechnology Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Tuesday, December 3rd. Vishay Intertechnology's dividend payout ratio (DPR) is presently 64.52%.
Vishay Intertechnology Company Profile
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Free Report)
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.
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