Jennison Associates LLC Increases Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Jennison Associates LLC increased its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 1.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 48,421 shares of the semiconductor company’s stock after acquiring an additional 635 shares during the quarter. Jennison Associates LLC’s holdings in Vishay Intertechnology were worth $1,161,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Foundry Partners LLC increased its holdings in Vishay Intertechnology by 10.6% in the 4th quarter. Foundry Partners LLC now owns 321,142 shares of the semiconductor company’s stock worth $7,698,000 after acquiring an additional 30,665 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Vishay Intertechnology by 51.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,588 shares of the semiconductor company’s stock worth $661,000 after acquiring an additional 9,366 shares during the last quarter. Louisiana State Employees Retirement System purchased a new stake in Vishay Intertechnology in the 4th quarter worth about $851,000. Live Oak Private Wealth LLC purchased a new stake in Vishay Intertechnology in the 4th quarter worth about $4,791,000. Finally, Olstein Capital Management L.P. increased its holdings in Vishay Intertechnology by 7.9% in the 4th quarter. Olstein Capital Management L.P. now owns 82,000 shares of the semiconductor company’s stock worth $1,966,000 after acquiring an additional 6,000 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Analyst Upgrades and Downgrades

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

Vishay Intertechnology Stock Up 2.4 %

Shares of NYSE VSH opened at $22.63 on Friday. Vishay Intertechnology, Inc. has a 52 week low of $20.57 and a 52 week high of $30.10. The business has a 50-day simple moving average of $22.10 and a two-hundred day simple moving average of $22.53. The company has a quick ratio of 2.38, a current ratio of 3.32 and a debt-to-equity ratio of 0.37. The company has a market cap of $3.11 billion, a P/E ratio of 9.80 and a beta of 1.24.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, February 7th. The semiconductor company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. Vishay Intertechnology had a return on equity of 15.72% and a net margin of 9.52%. The business 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 EPS. The firm’s revenue was down 8.2% compared to the same quarter last year. Research analysts anticipate that Vishay Intertechnology, Inc. will post 1.1 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 14th were paid a $0.10 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.40 annualized dividend and a yield of 1.77%. Vishay Intertechnology’s dividend payout ratio is currently 17.32%.

Insiders Place Their Bets

In other news, Chairman Marc Zandman sold 26,154 shares of Vishay Intertechnology stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $22.83, for a total transaction of $597,095.82. Following the completion of the sale, the chairman now owns 73,678 shares in the company, valued at approximately $1,682,068.74. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 8.14% of the stock is owned by corporate insiders.

Vishay Intertechnology Company 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.