57,111 Shares in Vishay Intertechnology, Inc. (NYSE:VSH) Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. bought a new stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 57,111 shares of the semiconductor company's stock, valued at approximately $1,080,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD raised its stake in Vishay Intertechnology by 6.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 80,653 shares of the semiconductor company's stock worth $1,830,000 after acquiring an additional 4,614 shares in the last quarter. Tidal Investments LLC boosted its position in Vishay Intertechnology by 118.2% in the first quarter. Tidal Investments LLC now owns 30,247 shares of the semiconductor company's stock valued at $686,000 after buying an additional 16,385 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its position in 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 during the last quarter. QRG Capital Management Inc. boosted its stake in Vishay Intertechnology by 10.0% in the second quarter. QRG Capital Management Inc. now owns 25,568 shares of the semiconductor company's stock worth $570,000 after purchasing an additional 2,317 shares in the last quarter. Finally, M&G Plc grew its holdings in shares of Vishay Intertechnology by 5.0% during the second quarter. M&G Plc now owns 274,624 shares of the semiconductor company's stock worth $6,042,000 after purchasing an additional 13,073 shares during the last quarter. Institutional investors own 93.66% of the company's stock.

Analysts Set New Price Targets

VSH has been the topic of several research reports. StockNews.com upgraded shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Thursday. TD Cowen lowered their target price on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating for the company in a research note on Thursday, August 8th.

Vishay Intertechnology Trading Down 3.4 %

VSH stock traded down $0.64 during midday trading on Thursday, reaching $18.26. The company's stock had a trading volume of 1,617,311 shares, compared to its average volume of 1,325,642. The business's 50-day simple moving average is $17.63 and its 200-day simple moving average is $20.21. The stock has a market cap of $2.48 billion, a PE ratio of 30.44 and a beta of 1.12. Vishay Intertechnology, Inc. has a 52 week low of $14.95 and a 52 week high of $24.72. The company has a quick ratio of 1.85, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). The company had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The company's quarterly revenue was down 13.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.60 EPS. As a group, sell-side analysts expect that Vishay Intertechnology, Inc. will post 0.55 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Tuesday, December 3rd. Vishay Intertechnology's dividend payout ratio (DPR) is 64.52%.

Vishay Intertechnology Profile

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.