Charles Schwab Investment Management Inc. Boosts Position in Vishay Intertechnology, Inc. $VSH

Charles Schwab Investment Management Inc. boosted its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 5.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,284,565 shares of the semiconductor company’s stock after purchasing an additional 115,319 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.69% of Vishay Intertechnology worth $36,325,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Vishay Intertechnology during the first quarter worth $450,000. Jefferies Financial Group Inc. boosted its position in Vishay Intertechnology by 336.5% during the first quarter. Jefferies Financial Group Inc. now owns 44,530 shares of the semiconductor company’s stock worth $708,000 after purchasing an additional 34,329 shares in the last quarter. Natixis Advisors LLC purchased a new stake in Vishay Intertechnology during the first quarter worth $274,000. XTX Topco Ltd purchased a new stake in Vishay Intertechnology during the first quarter worth $375,000. Finally, Kovack Advisors Inc. boosted its position in Vishay Intertechnology by 13.8% during the first quarter. Kovack Advisors Inc. now owns 105,100 shares of the semiconductor company’s stock worth $1,671,000 after purchasing an additional 12,750 shares in the last quarter. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen cut Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Sunday.

Insider Buying and Selling

In other Vishay Intertechnology news, Director Michael J. Cody bought 3,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 11th. The stock was purchased at an average cost of $16.12 per share, for a total transaction of $56,420.00. Following the completion of the purchase, the director owned 60,169 shares of the company’s stock, valued at $969,924.28. This trade represents a 6.18% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 8.32% of the company’s stock.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $14.78 on Tuesday. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $20.91. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of -22.73 and a beta of 1.13. The business has a fifty day moving average of $16.18 and a 200-day moving average of $15.49. The company has a quick ratio of 1.64, a current ratio of 2.70 and a debt-to-equity ratio of 0.44.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.09). Vishay Intertechnology had a negative return on equity of 0.10% and a negative net margin of 3.00%. The company had revenue of $762.25 million during the quarter, compared to analyst estimates of $756.07 million. During the same period last year, the firm earned $0.17 earnings per share. The business’s revenue was up 2.8% compared to the same quarter last year. As a group, analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 11th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.7%. The ex-dividend date is Thursday, September 11th. Vishay Intertechnology’s dividend payout ratio is presently -61.54%.

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.