Principal Financial Group Inc. Acquires 30,515 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Principal Financial Group Inc. raised its stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,573,745 shares of the semiconductor company's stock after acquiring an additional 30,515 shares during the quarter. Principal Financial Group Inc. owned approximately 1.88% of Vishay Intertechnology worth $48,669,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VSH. Texas Permanent School Fund Corp lifted its holdings in shares of Vishay Intertechnology by 1.3% in the first quarter. Texas Permanent School Fund Corp now owns 110,483 shares of the semiconductor company's stock worth $2,506,000 after acquiring an additional 1,430 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Vishay Intertechnology by 13.8% in the first quarter. Empowered Funds LLC now owns 112,899 shares of the semiconductor company's stock valued at $2,561,000 after buying an additional 13,727 shares during the period. Headlands Technologies LLC increased its stake in shares of Vishay Intertechnology by 95.7% in the first quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company's stock valued at $36,000 after buying an additional 774 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Vishay Intertechnology by 403.6% in the first quarter. Russell Investments Group Ltd. now owns 346,017 shares of the semiconductor company's stock valued at $7,848,000 after buying an additional 277,311 shares during the period. Finally, Bell Investment Advisors Inc increased its stake in shares of Vishay Intertechnology by 122.5% in the first quarter. Bell Investment Advisors Inc now owns 1,424 shares of the semiconductor company's stock valued at $32,000 after buying an additional 784 shares during the period. Institutional investors own 93.66% of the company's stock.

Vishay Intertechnology Trading Down 3.0 %

NYSE:VSH traded down $0.53 on Monday, reaching $17.36. 1,196,216 shares of the stock traded hands, compared to its average volume of 1,221,558. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of 28.00 and a beta of 1.09. The company's 50 day moving average is $18.07 and its 200-day moving average is $20.89. The company has a current ratio of 2.81, a quick ratio of 1.98 and a debt-to-equity ratio of 0.38. Vishay Intertechnology, Inc. has a 1-year low of $16.65 and a 1-year high of $24.72.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.06). The firm had revenue of $735.35 million for 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 business's revenue for the quarter was down 13.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 EPS. Equities research analysts anticipate that Vishay Intertechnology, Inc. will post 0.55 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date is Tuesday, December 3rd. Vishay Intertechnology's payout ratio is 64.52%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on VSH. TD Cowen lowered their price objective on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating for the company in a research note on Thursday, August 8th. StockNews.com downgraded Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Monday.

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.