Weiss Asset Management LP acquired a new stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 55,812 shares of the semiconductor company's stock, valued at approximately $1,055,000.
A number of other hedge funds and other institutional investors have also modified their holdings of VSH. National Bank of Canada FI increased its position in shares of Vishay Intertechnology by 3.4% during the 2nd quarter. National Bank of Canada FI now owns 19,835 shares of the semiconductor company's stock worth $432,000 after purchasing an additional 650 shares during the last quarter. Natixis Advisors LLC increased its position in shares of Vishay Intertechnology by 2.4% during the 2nd quarter. Natixis Advisors LLC now owns 45,403 shares of the semiconductor company's stock worth $1,012,000 after purchasing an additional 1,057 shares during the last quarter. Cascade Investment Advisors Inc. increased its position in shares of Vishay Intertechnology by 2.2% during the 3rd quarter. Cascade Investment Advisors Inc. now owns 60,450 shares of the semiconductor company's stock worth $1,143,000 after purchasing an additional 1,300 shares during the last quarter. Matrix Trust Co acquired a new stake in shares of Vishay Intertechnology during the 3rd quarter worth about $25,000. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of Vishay Intertechnology by 7.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 26,412 shares of the semiconductor company's stock worth $589,000 after purchasing an additional 1,856 shares during the last quarter. 93.66% of the stock is owned by institutional investors and hedge funds.
Vishay Intertechnology Trading Down 0.2 %
NYSE VSH traded down $0.03 during trading on Monday, hitting $18.15. The stock had a trading volume of 2,505,435 shares, compared to its average volume of 1,333,396. The company has a market capitalization of $2.47 billion, a PE ratio of 29.27 and a beta of 1.12. The company has a quick ratio of 1.85, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average price of $17.61 and a 200 day moving average price of $20.10. 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 released its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). The firm had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The business's revenue was down 13.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.60 earnings per share. As a group, equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current year.
Vishay Intertechnology Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Tuesday, December 3rd. Vishay Intertechnology's payout ratio is presently 64.52%.
Analyst Ratings Changes
Separately, StockNews.com raised Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Thursday.
Check Out Our Latest Stock Report on Vishay Intertechnology
Vishay Intertechnology Company Profile
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Free Report)
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.
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