M&G Plc Boosts Position in Vishay Intertechnology, Inc. (NYSE:VSH)

M&G PLC lifted its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 21.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 332,776 shares of the semiconductor company's stock after acquiring an additional 58,152 shares during the quarter. M&G PLC owned 0.24% of Vishay Intertechnology worth $6,323,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Texas Permanent School Fund Corp increased its holdings in Vishay Intertechnology by 1.3% in the 1st 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 in the last quarter. Quantbot Technologies LP raised its position in shares of Vishay Intertechnology by 203.9% during the 1st quarter. Quantbot Technologies LP now owns 90,488 shares of the semiconductor company's stock worth $2,052,000 after purchasing an additional 60,715 shares during the last quarter. Empowered Funds LLC lifted its stake in Vishay Intertechnology by 13.8% in the 1st 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 in the last quarter. Headlands Technologies LLC boosted its holdings in Vishay Intertechnology by 95.7% in the 1st quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company's stock worth $36,000 after buying an additional 774 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Vishay Intertechnology by 403.6% during the 1st quarter. Russell Investments Group Ltd. now owns 346,017 shares of the semiconductor company's stock worth $7,848,000 after buying an additional 277,311 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Stock Performance

Shares of Vishay Intertechnology stock remained flat at $17.89 on Friday. 1,221,991 shares of the stock were exchanged, compared to its average volume of 1,221,664. The company has a current ratio of 2.81, a quick ratio of 1.98 and a debt-to-equity ratio of 0.38. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 28.85 and a beta of 1.09. The business has a 50-day simple moving average of $18.13 and a 200 day simple moving average of $20.94. Vishay Intertechnology, Inc. has a twelve month low of $16.65 and a twelve month high of $24.72.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted 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 $0.15 by ($0.07). The firm had revenue of $735.35 million for the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. Vishay Intertechnology's revenue was down 13.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 EPS. As a group, sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.72 EPS for the current year.

Vishay Intertechnology Announces Dividend

The company 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 $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.40 annualized dividend and a yield of 2.24%. Vishay Intertechnology's dividend payout ratio (DPR) is 64.52%.

Analysts Set New Price Targets

Separately, TD Cowen reduced their target price on shares of 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 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.