Systematic Financial Management LP Purchases 182,212 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Systematic Financial Management LP grew its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 15.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,388,337 shares of the semiconductor company's stock after acquiring an additional 182,212 shares during the quarter. Systematic Financial Management LP owned 1.02% of Vishay Intertechnology worth $26,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of VSH. Matrix Trust Co purchased a new position in shares of Vishay Intertechnology in the 3rd quarter worth about $25,000. Massmutual Trust Co. FSB ADV raised its stake in Vishay Intertechnology by 173.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company's stock valued at $30,000 after acquiring an additional 868 shares during the period. nVerses Capital LLC bought a new stake in shares of Vishay Intertechnology during the second quarter valued at about $45,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Vishay Intertechnology by 11,136.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company's stock valued at $48,000 after buying an additional 2,116 shares during the period. Finally, Adirondack Trust Co. increased its position in shares of 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 buying an additional 2,000 shares during the period. 93.66% of the stock is owned by hedge funds and other institutional investors.

Vishay Intertechnology Price Performance

VSH traded down $0.64 during midday trading on Thursday, hitting $18.26. The stock had a trading volume of 1,546,111 shares, compared to its average volume of 1,325,338. The company has a market cap of $2.48 billion, a P/E ratio of 30.44 and a beta of 1.12. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year 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 business has a fifty day moving average of $17.63 and a 200 day moving average of $20.21.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last announced its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.06). The business had revenue of $735.35 million for the quarter, compared to the consensus estimate of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. Vishay Intertechnology's revenue was down 13.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.60 EPS. As a group, equities analysts forecast that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.19%. Vishay Intertechnology's dividend payout ratio is presently 64.52%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. TD Cowen decreased their price target on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating on the stock in a research report on Thursday, August 8th. StockNews.com upgraded Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Thursday.

About Vishay Intertechnology

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.