Poplar Forest Capital LLC Raises Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Poplar Forest Capital LLC increased its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 11.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,059,867 shares of the semiconductor company's stock after acquiring an additional 110,997 shares during the period. Vishay Intertechnology makes up 2.7% of Poplar Forest Capital LLC's investment portfolio, making the stock its 20th largest holding. Poplar Forest Capital LLC owned about 0.77% of Vishay Intertechnology worth $20,042,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Vishay Intertechnology by 5.0% during the first quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company's stock valued at $338,366,000 after buying an additional 714,275 shares during the last quarter. Deprince Race & Zollo Inc. increased its holdings in shares of Vishay Intertechnology by 94.0% in the 2nd quarter. Deprince Race & Zollo Inc. now owns 3,129,207 shares of the semiconductor company's stock worth $69,781,000 after purchasing an additional 1,516,368 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Vishay Intertechnology by 12.7% in the 2nd 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 in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Vishay Intertechnology by 11.8% during the second quarter. Bank of New York Mellon Corp now owns 1,647,693 shares of the semiconductor company's stock valued at $36,744,000 after purchasing an additional 174,149 shares in the last quarter. Finally, Systematic Financial Management LP lifted its holdings in shares of Vishay Intertechnology by 1.0% during the second quarter. Systematic Financial Management LP now owns 1,206,125 shares of the semiconductor company's stock valued at $26,897,000 after purchasing an additional 11,950 shares in the last quarter. Institutional investors own 93.66% of the company's stock.

Analyst Upgrades and Downgrades

Separately, TD Cowen decreased their target price 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 Stock Performance

NYSE:VSH traded down $0.19 during trading hours on Thursday, reaching $18.00. The company had a trading volume of 352,874 shares, compared to its average volume of 1,217,669. 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 52 week low of $16.65 and a 52 week high of $24.72. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 14.79 and a beta of 1.09. The firm's 50 day moving average price is $18.22 and its 200-day moving average price is $20.98.

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 for the quarter, missing the consensus estimate of $0.15 by ($0.07). The business had revenue of $735.35 million during the quarter, compared to the consensus estimate of $748.84 million. Vishay Intertechnology had a return on equity of 8.72% and a net margin of 5.48%. Vishay Intertechnology's revenue for the quarter was down 13.9% on a year-over-year basis. During the same quarter last year, the company earned $0.60 EPS. On average, analysts forecast that Vishay Intertechnology, Inc. will post 0.72 EPS for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Tuesday, September 10th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Tuesday, September 10th. Vishay Intertechnology's dividend payout ratio is presently 32.52%.

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.