Hotchkis & Wiley Capital Management LLC Has $8.33 Million Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Hotchkis & Wiley Capital Management LLC decreased its position in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 20.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 440,680 shares of the semiconductor company's stock after selling 111,940 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned about 0.32% of Vishay Intertechnology worth $8,333,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Matrix Trust Co acquired a new position in Vishay Intertechnology in the third quarter worth approximately $25,000. Massmutual Trust Co. FSB ADV raised its position in shares of Vishay Intertechnology by 173.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company's stock worth $30,000 after purchasing an additional 868 shares during the period. nVerses Capital LLC purchased a new stake in shares of Vishay Intertechnology during the second quarter valued at $45,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vishay Intertechnology by 11,136.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company's stock valued at $48,000 after purchasing an additional 2,116 shares during the period. Finally, Adirondack Trust Co. increased its stake in Vishay Intertechnology by 71.4% in the 3rd quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company's stock worth $91,000 after purchasing an additional 2,000 shares in the last quarter. Institutional investors own 93.66% of the company's stock.

Vishay Intertechnology Stock Down 3.4 %

Shares of VSH traded down $0.64 during trading hours on Thursday, reaching $18.26. The company's stock had a trading volume of 1,617,817 shares, compared to its average volume of 1,325,642. The company has a 50 day moving average of $17.63 and a two-hundred day moving average of $20.21. The company has a quick ratio of 1.85, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The firm has a market cap of $2.48 billion, a price-to-earnings ratio of 30.44 and a beta of 1.12. Vishay Intertechnology, Inc. has a 1-year low of $14.95 and a 1-year high of $24.72.

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 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 firm's quarterly revenue was down 13.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.60 EPS. As a group, research analysts predict that Vishay Intertechnology, Inc. will post 0.55 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 2.19%. Vishay Intertechnology's payout ratio is 64.52%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. TD Cowen decreased their target price on shares of 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 shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Thursday.

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.