Janus Henderson Group PLC lessened its stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 93.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,004 shares of the semiconductor company's stock after selling 809,335 shares during the quarter. Janus Henderson Group PLC's holdings in Vishay Intertechnology were worth $1,059,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. National Bank of Canada FI lifted its holdings in shares of Vishay Intertechnology by 3.4% during the 2nd quarter. National Bank of Canada FI now owns 19,835 shares of the semiconductor company's stock worth $432,000 after acquiring an additional 650 shares during the period. Natixis Advisors LLC lifted its stake in Vishay Intertechnology by 2.4% during the second quarter. Natixis Advisors LLC now owns 45,403 shares of the semiconductor company's stock worth $1,012,000 after purchasing an additional 1,057 shares during the last quarter. Cascade Investment Advisors Inc. increased its stake in shares of Vishay Intertechnology by 2.2% in the 3rd quarter. Cascade Investment Advisors Inc. now owns 60,450 shares of the semiconductor company's stock valued at $1,143,000 after purchasing an additional 1,300 shares during the last quarter. Matrix Trust Co acquired a new position in shares of Vishay Intertechnology during the 3rd quarter worth $25,000. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of Vishay Intertechnology by 7.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 26,412 shares of the semiconductor company's stock worth $589,000 after buying an additional 1,856 shares during the last quarter. Institutional investors own 93.66% of the company's stock.
Analysts Set New Price Targets
Separately, StockNews.com raised Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Thursday, December 5th.
Get Our Latest Stock Report on VSH
Vishay Intertechnology Price Performance
Shares of NYSE:VSH traded up $0.21 during trading on Friday, hitting $17.81. 2,005,513 shares of the company were exchanged, compared to its average volume of 2,540,578. Vishay Intertechnology, Inc. has a 1-year low of $14.95 and a 1-year high of $24.72. The company has a market capitalization of $2.42 billion, a P/E ratio of 28.73 and a beta of 1.12. 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 business's 50 day moving average is $17.57 and its 200-day moving average is $19.92.
Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its earnings results 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 firm had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. During the same period in the previous year, the company earned $0.60 EPS. Vishay Intertechnology's revenue for the quarter was down 13.9% on a year-over-year basis. Equities analysts forecast that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current year.
Vishay Intertechnology Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend was Tuesday, December 3rd. Vishay Intertechnology's payout ratio is 64.52%.
Vishay Intertechnology Profile
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Free Report)
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.
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