UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 12.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 205,303 shares of the semiconductor company's stock after selling 28,719 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.15% of Vishay Intertechnology worth $3,882,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in VSH. Everhart Financial Group Inc. raised its position in Vishay Intertechnology by 18.4% in the 2nd quarter. Everhart Financial Group Inc. now owns 13,757 shares of the semiconductor company's stock valued at $307,000 after purchasing an additional 2,140 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Vishay Intertechnology by 11.8% in 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 acquiring an additional 174,149 shares in the last quarter. Legato Capital Management LLC lifted its stake in Vishay Intertechnology by 30.7% in the second quarter. Legato Capital Management LLC now owns 23,651 shares of the semiconductor company's stock worth $527,000 after acquiring an additional 5,560 shares during the last quarter. Innealta Capital LLC acquired a new position in Vishay Intertechnology during the 2nd quarter worth approximately $111,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at approximately $542,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Thursday, December 5th.

Vishay Intertechnology Stock Up 1.2 %

Shares of NYSE VSH traded up $0.22 during midday trading on Friday, hitting $17.82. 2,004,275 shares of the company's stock were exchanged, compared to its average volume of 1,344,137. The firm's fifty day simple moving average is $17.58 and its 200-day simple moving average is $19.99. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. The company has a market cap of $2.42 billion, a PE ratio of 28.84 and a beta of 1.12. Vishay Intertechnology, Inc. has a twelve month low of $14.95 and a twelve month high of $24.72.

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

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were given a $0.10 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.24%. Vishay Intertechnology's dividend payout ratio (DPR) is presently 64.52%.

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.