Fisher Asset Management LLC Raises Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Fisher Asset Management LLC lifted its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 2.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,673,088 shares of the semiconductor company's stock after acquiring an additional 66,268 shares during the quarter. Fisher Asset Management LLC owned approximately 1.95% of Vishay Intertechnology worth $50,548,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Matrix Trust Co bought a new stake in Vishay Intertechnology during the 3rd quarter valued at $25,000. Massmutual Trust Co. FSB ADV lifted its holdings in Vishay Intertechnology by 173.9% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company's stock worth $30,000 after purchasing an additional 868 shares in the last quarter. nVerses Capital LLC purchased a new stake in Vishay Intertechnology during the 2nd quarter worth about $45,000. Northwestern Mutual Wealth Management Co. boosted its stake in Vishay Intertechnology by 11,136.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company's stock worth $48,000 after purchasing 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. Hedge funds and other institutional investors own 93.66% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on VSH. StockNews.com raised shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Tuesday, November 19th. TD Cowen reduced their price target 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 Stock Up 6.2 %

Shares of NYSE VSH opened at $18.19 on Wednesday. The business has a 50-day moving average of $17.57 and a 200-day moving average of $20.40. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 29.34 and a beta of 1.09. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. Vishay Intertechnology, Inc. has a 12 month low of $14.95 and a 12 month high of $24.72.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly 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). Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The company had revenue of $735.35 million during the quarter, compared to analysts' expectations of $748.84 million. During the same period in the prior year, the firm earned $0.60 EPS. Vishay Intertechnology's quarterly revenue was down 13.9% on a year-over-year basis. Sell-side analysts expect that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders 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 dividend yield of 2.20%. The ex-dividend date is Tuesday, December 3rd. Vishay Intertechnology's payout ratio is currently 64.52%.

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.