Alps Advisors Inc. Purchases Shares of 34,789 Vishay Intertechnology, Inc. (NYSE:VSH)

Alps Advisors Inc. purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSHGet Rating) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 34,789 shares of the semiconductor company’s stock, valued at approximately $620,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VSH. JJJ Advisors Inc. bought a new stake in Vishay Intertechnology during the first quarter valued at about $25,000. CWM LLC grew its position in shares of Vishay Intertechnology by 1,168.8% during the second quarter. CWM LLC now owns 1,751 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 1,613 shares in the last quarter. Allworth Financial LP grew its position in shares of Vishay Intertechnology by 10,538.9% during the second quarter. Allworth Financial LP now owns 1,915 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 1,897 shares in the last quarter. Fairfield Bush & CO. purchased a new position in shares of Vishay Intertechnology during the first quarter valued at about $35,000. Finally, Parallel Advisors LLC grew its position in shares of Vishay Intertechnology by 527.7% during the first quarter. Parallel Advisors LLC now owns 1,814 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 1,525 shares in the last quarter. 85.35% of the stock is owned by institutional investors.

Vishay Intertechnology Trading Up 1.0 %

VSH opened at $22.83 on Monday. The firm has a market cap of $3.23 billion, a P/E ratio of 8.39 and a beta of 1.31. Vishay Intertechnology, Inc. has a 12 month low of $16.73 and a 12 month high of $22.96. The company has a current ratio of 2.94, a quick ratio of 2.08 and a debt-to-equity ratio of 0.24. The stock has a 50-day moving average of $19.83 and a 200 day moving average of $19.61.

Vishay Intertechnology (NYSE:VSHGet Rating) last released its quarterly earnings results on Wednesday, November 2nd. The semiconductor company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.76 by $0.17. The company had revenue of $924.80 million during the quarter, compared to analyst estimates of $925.10 million. Vishay Intertechnology had a return on equity of 24.39% and a net margin of 11.26%. The firm’s revenue was up 13.7% on a year-over-year basis. During the same quarter last year, the business posted $0.63 earnings per share. As a group, research analysts forecast that Vishay Intertechnology, Inc. will post 3.24 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Wednesday, November 30th will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, November 29th. This represents a $0.40 annualized dividend and a yield of 1.75%. Vishay Intertechnology’s dividend payout ratio is currently 14.71%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Cowen raised their price objective on Vishay Intertechnology to $21.00 in a research report on Tuesday, August 9th. Stifel Nicolaus cut their price objective on Vishay Intertechnology from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Monday, October 10th. Finally, StockNews.com upgraded Vishay Intertechnology from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 4th.

Insider Buying and Selling

In other Vishay Intertechnology news, Director Raanan Zilberman sold 27,299 shares of the firm’s stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $21.08, for a total value of $575,462.92. Following the completion of the sale, the director now owns 24,671 shares of the company’s stock, valued at $520,064.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 8.03% of the stock is currently owned by company insiders.

Vishay Intertechnology Company Profile

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Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. It operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors.

See Also

Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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