SG Americas Securities LLC Makes New $593,000 Investment in Vishay Intertechnology, Inc. (NYSE:VSH)

SG Americas Securities LLC purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 31,369 shares of the semiconductor company's stock, valued at approximately $593,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. increased its holdings in shares of Vishay Intertechnology by 403.6% during the 1st quarter. Russell Investments Group Ltd. now owns 346,017 shares of the semiconductor company's stock valued at $7,848,000 after acquiring an additional 277,311 shares during the last quarter. M&G Plc acquired a new position in shares of Vishay Intertechnology during the 1st quarter valued at about $6,016,000. Janus Henderson Group PLC increased its holdings in shares of Vishay Intertechnology by 53.7% during the 1st quarter. Janus Henderson Group PLC now owns 747,269 shares of the semiconductor company's stock valued at $16,947,000 after acquiring an additional 261,175 shares during the last quarter. Poplar Forest Capital LLC acquired a new position in shares of Vishay Intertechnology during the 2nd quarter valued at about $21,160,000. Finally, Vanguard Group Inc. increased its holdings in shares of Vishay Intertechnology by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 14,204,857 shares of the semiconductor company's stock valued at $340,490,000 after acquiring an additional 68,418 shares during the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Vishay Intertechnology Stock Performance

VSH traded down $0.28 during midday trading on Tuesday, reaching $18.11. The company's stock had a trading volume of 726,841 shares, compared to its average volume of 1,224,044. The stock has a market cap of $2.49 billion, a P/E ratio of 10.57 and a beta of 1.09. The company has a fifty day simple moving average of $19.06 and a 200 day simple moving average of $21.47. The company has a current ratio of 2.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.38. Vishay Intertechnology, Inc. has a twelve month low of $17.42 and a twelve month high of $24.72.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The firm had revenue of $741.20 million for the quarter, compared to analyst estimates of $754.71 million. Vishay Intertechnology had a return on equity of 8.72% and a net margin of 5.48%. The company's revenue was down 16.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 EPS. Research analysts expect that Vishay Intertechnology, Inc. will post 0.72 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Tuesday, September 10th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend was Tuesday, September 10th. Vishay Intertechnology's dividend payout ratio (DPR) is currently 22.99%.

Wall Street Analyst Weigh In

Separately, TD Cowen lowered their price objective on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating on the stock in a report on Thursday, August 8th.

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.