Atom Investors LP Decreases Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Atom Investors LP lessened its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 29.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,354 shares of the semiconductor company's stock after selling 28,677 shares during the quarter. Atom Investors LP owned about 0.05% of Vishay Intertechnology worth $1,311,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Fisher Asset Management LLC raised its holdings in shares of Vishay Intertechnology by 2.5% during the third quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company's stock valued at $50,548,000 after acquiring an additional 66,268 shares in the last quarter. Quantbot Technologies LP lifted its position in shares of Vishay Intertechnology by 89.7% in the 3rd quarter. Quantbot Technologies LP now owns 100,864 shares of the semiconductor company's stock worth $1,907,000 after purchasing an additional 47,700 shares during the period. Poplar Forest Capital LLC bought a new stake in shares of Vishay Intertechnology during the 2nd quarter valued at about $21,160,000. Kovack Advisors Inc. purchased a new position in shares of Vishay Intertechnology during the third quarter valued at about $788,000. Finally, Vest Financial LLC raised its stake in Vishay Intertechnology by 65.2% in the third quarter. Vest Financial LLC now owns 82,528 shares of the semiconductor company's stock worth $1,561,000 after buying an additional 32,559 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Stock Performance

VSH stock traded down $0.67 during trading on Tuesday, reaching $18.64. The stock had a trading volume of 764,953 shares, compared to its average volume of 1,312,659. The firm has a market cap of $2.53 billion, a PE ratio of 29.94 and a beta of 1.12. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. The stock's 50 day moving average is $17.61 and its two-hundred day moving average is $20.25. Vishay Intertechnology, Inc. has a 52 week low of $14.95 and a 52 week high of $24.72.

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

Vishay Intertechnology Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.15%. Vishay Intertechnology's dividend payout ratio (DPR) is presently 64.52%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. TD Cowen decreased their target price on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating for the company in a research report on Thursday, August 8th. StockNews.com downgraded Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Wednesday, November 27th.

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.