Hunter Perkins Capital Management LLC Buys 32,568 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Hunter Perkins Capital Management LLC increased its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 9.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 392,928 shares of the semiconductor company's stock after buying an additional 32,568 shares during the quarter. Vishay Intertechnology accounts for approximately 1.5% of Hunter Perkins Capital Management LLC's holdings, making the stock its 24th biggest position. Hunter Perkins Capital Management LLC owned approximately 0.29% of Vishay Intertechnology worth $7,430,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Inspire Investing LLC boosted its position in Vishay Intertechnology by 38.3% during the third quarter. Inspire Investing LLC now owns 21,760 shares of the semiconductor company's stock valued at $411,000 after purchasing an additional 6,022 shares during the last quarter. Matrix Trust Co acquired a new stake in Vishay Intertechnology during the third quarter valued at $25,000. Adirondack Trust Co. boosted its position in Vishay Intertechnology by 71.4% during the third quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company's stock valued at $91,000 after purchasing an additional 2,000 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Vishay Intertechnology during the third quarter valued at $593,000. Finally, Cascade Investment Advisors Inc. boosted its position in Vishay Intertechnology by 2.2% during the third 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. Hedge funds and other institutional investors own 93.66% of the company's stock.

Vishay Intertechnology Stock Performance

Shares of NYSE VSH traded up $0.19 during trading hours on Wednesday, hitting $18.30. 598,763 shares of the company's stock were exchanged, compared to its average volume of 1,220,918. Vishay Intertechnology, Inc. has a 1-year low of $17.42 and a 1-year high of $24.72. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.98 and a quick ratio of 1.98. The stock has a market capitalization of $2.50 billion, a price-to-earnings ratio of 14.88 and a beta of 1.09. The company's 50-day moving average price is $19.00 and its 200-day moving average price is $21.43.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. Vishay Intertechnology had a return on equity of 8.72% and a net margin of 5.48%. The business had revenue of $741.20 million during the quarter, compared to analysts' expectations of $754.71 million. During the same quarter in the previous year, the firm earned $0.68 EPS. The firm's revenue was down 16.9% compared to the same quarter last year. On average, sell-side analysts expect that Vishay Intertechnology, Inc. will post 0.72 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Tuesday, September 10th were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, September 10th. This represents a $0.40 annualized dividend and a yield of 2.19%. Vishay Intertechnology's dividend payout ratio is 32.52%.

Analysts Set New Price Targets

Separately, TD Cowen reduced their price target on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating for the company in a research 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.