Holocene Advisors LP Buys 72,178 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Holocene Advisors LP boosted its holdings in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 64.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 184,252 shares of the semiconductor company's stock after acquiring an additional 72,178 shares during the quarter. Holocene Advisors LP owned 0.13% of Vishay Intertechnology worth $3,484,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Deprince Race & Zollo Inc. lifted its position in shares of Vishay Intertechnology by 94.0% during the second quarter. Deprince Race & Zollo Inc. now owns 3,129,207 shares of the semiconductor company's stock valued at $69,781,000 after purchasing an additional 1,516,368 shares in the last quarter. Poplar Forest Capital LLC bought a new stake in Vishay Intertechnology during the second quarter worth $21,160,000. American Century Companies Inc. boosted its position in Vishay Intertechnology by 12.7% in the second quarter. American Century Companies Inc. now owns 3,109,768 shares of the semiconductor company's stock worth $69,348,000 after purchasing an additional 350,512 shares during the last quarter. Bernzott Capital Advisors bought a new position in Vishay Intertechnology during the third quarter valued at about $5,378,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Vishay Intertechnology by 17.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company's stock worth $32,336,000 after purchasing an additional 248,741 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company's stock.

Vishay Intertechnology Stock Performance

Vishay Intertechnology stock traded down $0.08 during mid-day trading on Friday, reaching $18.18. The company's stock had a trading volume of 1,973,790 shares, compared to its average volume of 1,328,392. The firm's fifty day moving average price is $17.63 and its two-hundred day moving average price is $20.19. 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 12-month low of $14.95 and a 12-month high of $24.72. The company has a market capitalization of $2.47 billion, a P/E ratio of 29.00 and a beta of 1.12.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (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 for the quarter, compared to analysts' expectations of $748.84 million. During the same period last year, the company posted $0.60 EPS. The business's revenue for the quarter was down 13.9% on a year-over-year basis. Sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.55 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.40 annualized dividend and a dividend yield of 2.20%. Vishay Intertechnology's payout ratio is currently 64.52%.

Analyst Ratings Changes

Several equities analysts have weighed in on VSH shares. TD Cowen reduced their price objective on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating for the company in a report on Thursday, August 8th. StockNews.com upgraded Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Thursday.

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.