Foundry Partners LLC Sells 362,959 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Foundry Partners LLC decreased its stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 95.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,207 shares of the semiconductor company's stock after selling 362,959 shares during the period. Foundry Partners LLC's holdings in Vishay Intertechnology were worth $344,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Janus Henderson Group PLC increased its stake in shares of Vishay Intertechnology by 53.7% in the first quarter. Janus Henderson Group PLC now owns 747,269 shares of the semiconductor company's stock worth $16,947,000 after purchasing an additional 261,175 shares in the last quarter. Poplar Forest Capital LLC purchased a new position in shares of Vishay Intertechnology in the second quarter worth about $21,160,000. Invenomic Capital Management LP purchased a new position in shares of Vishay Intertechnology in the first quarter worth about $3,053,000. Kovack Advisors Inc. purchased a new position in shares of Vishay Intertechnology in the third quarter worth about $788,000. Finally, Vanguard Group Inc. increased its stake in shares of Vishay Intertechnology by 5.0% in the first quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company's stock worth $338,366,000 after purchasing an additional 714,275 shares in the last quarter. Institutional investors own 93.66% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on VSH shares. StockNews.com upgraded shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Tuesday. 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.

Vishay Intertechnology Price Performance

NYSE:VSH traded up $0.48 during mid-day trading on Friday, hitting $15.98. 1,597,849 shares of the stock traded hands, compared to its average volume of 1,509,450. The business's 50-day moving average price is $17.60 and its 200 day moving average price is $20.48. The company has a market cap of $2.17 billion, a PE ratio of 25.77 and a beta of 1.09. Vishay Intertechnology, Inc. has a 12-month low of $14.95 and a 12-month 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 announced its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.06). Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The company had revenue of $735.35 million for the quarter, compared to the consensus estimate of $748.84 million. During the same quarter in the previous year, the firm earned $0.60 earnings per share. The company's revenue for the quarter was down 13.9% compared to the same quarter last year. On average, analysts expect that Vishay Intertechnology, Inc. will post 0.55 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently announced 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. The ex-dividend date is Tuesday, December 3rd. This represents a $0.40 annualized dividend and a yield of 2.50%. Vishay Intertechnology's payout ratio 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.