Mutual of America Capital Management LLC Cuts Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Mutual of America Capital Management LLC reduced its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 5.5% during the 4th quarter, HoldingsChannel reports. The fund owned 78,096 shares of the semiconductor company’s stock after selling 4,506 shares during the period. Mutual of America Capital Management LLC’s holdings in Vishay Intertechnology were worth $1,872,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. QRG Capital Management Inc. purchased a new position in shares of Vishay Intertechnology during the 3rd quarter worth about $651,000. Vanguard Group Inc. raised its holdings in Vishay Intertechnology by 1.5% in the third quarter. Vanguard Group Inc. now owns 14,136,439 shares of the semiconductor company’s stock valued at $349,453,000 after buying an additional 202,530 shares during the period. Pacer Advisors Inc. raised its holdings in Vishay Intertechnology by 59.5% in the fourth quarter. Pacer Advisors Inc. now owns 44,185 shares of the semiconductor company’s stock valued at $1,059,000 after buying an additional 16,476 shares during the period. Assetmark Inc. raised its holdings in Vishay Intertechnology by 1,356.5% in the third quarter. Assetmark Inc. now owns 85,656 shares of the semiconductor company’s stock valued at $2,117,000 after buying an additional 79,775 shares during the period. Finally, Tudor Investment Corp Et Al raised its holdings in Vishay Intertechnology by 645.2% in the third quarter. Tudor Investment Corp Et Al now owns 343,802 shares of the semiconductor company’s stock valued at $8,499,000 after buying an additional 297,668 shares during the period. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 26,154 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $22.83, for a total value of $597,095.82. Following the completion of the sale, the chairman now owns 73,678 shares of the company’s stock, valued at $1,682,068.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.14% of the stock is owned by corporate insiders.

Vishay Intertechnology Trading Down 0.9 %

NYSE VSH opened at $20.90 on Friday. Vishay Intertechnology, Inc. has a one year low of $20.57 and a one year high of $30.10. The company’s 50 day moving average price is $22.10 and its 200 day moving average price is $22.62. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.38 and a current ratio of 3.32. The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of 9.05 and a beta of 1.24.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, February 7th. The semiconductor company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.01. Vishay Intertechnology had a net margin of 9.52% and a return on equity of 15.72%. The company had revenue of $785.24 million during the quarter, compared to the consensus estimate of $787.15 million. During the same quarter last year, the company earned $0.69 earnings per share. Vishay Intertechnology’s revenue for the quarter was down 8.2% on a year-over-year basis. On average, sell-side analysts predict that Vishay Intertechnology, Inc. will post 1.1 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 14th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.91%. The ex-dividend date was Wednesday, March 13th. Vishay Intertechnology’s dividend payout ratio (DPR) is 17.32%.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus restated a “buy” rating and issued a $25.00 price target on shares of Vishay Intertechnology in a report on Wednesday, April 3rd.

About Vishay Intertechnology

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.