FORA Capital LLC Acquires New Shares in Vishay Intertechnology, Inc. (NYSE:VSH)

FORA Capital LLC acquired a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 35,329 shares of the semiconductor company's stock, valued at approximately $668,000.

Other large investors have also recently added to or reduced their stakes in the company. Matrix Trust Co bought a new position in Vishay Intertechnology during the 3rd quarter worth $25,000. Massmutual Trust Co. FSB ADV increased 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 buying an additional 868 shares during the period. nVerses Capital LLC bought a new position in Vishay Intertechnology during the 2nd quarter worth $45,000. Northwestern Mutual Wealth Management Co. increased its position in 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 buying an additional 2,116 shares during the period. Finally, Adirondack Trust Co. increased its position in 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 buying an additional 2,000 shares during the period. Institutional investors own 93.66% of the company's stock.

Analysts Set New Price Targets

VSH has been the topic of several recent research reports. StockNews.com cut Vishay Intertechnology from a "hold" rating to a "sell" rating in a research report on Wednesday. TD Cowen decreased their price target on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating on the stock in a research report on Thursday, August 8th.

Vishay Intertechnology Price Performance

Shares of NYSE VSH traded up $0.14 during mid-day trading on Friday, reaching $19.11. The company had a trading volume of 1,982,445 shares, compared to its average volume of 1,307,558. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.85 and a current ratio of 2.81. Vishay Intertechnology, Inc. has a one year low of $14.95 and a one year high of $24.72. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 31.05 and a beta of 1.09. The business's 50-day simple moving average is $17.58 and its 200 day simple moving average is $20.35.

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

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend is Tuesday, December 3rd. Vishay Intertechnology's dividend payout ratio (DPR) is presently 64.52%.

Vishay Intertechnology Company 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.