Royce & Associates LP lowered its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 2.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,522,567 shares of the semiconductor company's stock after selling 56,595 shares during the period. Royce & Associates LP owned approximately 1.84% of Vishay Intertechnology worth $47,702,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Kovack Advisors Inc. bought a new position in shares of Vishay Intertechnology during the 3rd quarter valued at about $788,000. Oppenheimer Asset Management Inc. lifted its stake in Vishay Intertechnology by 9.9% in the third quarter. Oppenheimer Asset Management Inc. now owns 245,120 shares of the semiconductor company's stock valued at $4,635,000 after buying an additional 22,034 shares in the last quarter. Aigen Investment Management LP acquired a new position in shares of Vishay Intertechnology in the third quarter valued at approximately $668,000. GSA Capital Partners LLP acquired a new position in shares of Vishay Intertechnology in the third quarter valued at approximately $426,000. Finally, Versor Investments LP acquired a new stake in shares of Vishay Intertechnology during the third quarter worth $686,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the company. TD Cowen cut their target price on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating on the stock in a research note on Thursday, August 8th. StockNews.com lowered shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a research report on Monday.
Check Out Our Latest Report on VSH
Vishay Intertechnology Stock Performance
Shares of VSH stock traded down $0.68 on Friday, hitting $15.36. The company's stock had a trading volume of 2,045,642 shares, compared to its average volume of 1,230,480. Vishay Intertechnology, Inc. has a fifty-two week low of $15.31 and a fifty-two week high of $24.72. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.85 and a current ratio of 2.81. The stock's 50 day moving average is $17.92 and its 200-day moving average is $20.79. The company has a market capitalization of $2.10 billion, a PE ratio of 25.87 and a beta of 1.09.
Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.06). The firm had revenue of $735.35 million during 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%. Vishay Intertechnology's quarterly revenue was down 13.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Equities research analysts expect that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current fiscal year.
Vishay Intertechnology Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.60%. The ex-dividend date is 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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