Vanguard Group Inc. Sells 219,518 Shares of Vishay Intertechnology, Inc. $VSH

Vanguard Group Inc. lessened its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 1.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,406,912 shares of the semiconductor company’s stock after selling 219,518 shares during the period. Vanguard Group Inc. owned approximately 12.10% of Vishay Intertechnology worth $260,870,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. First Trust Advisors LP increased its holdings in Vishay Intertechnology by 34.5% in the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company’s stock valued at $86,011,000 after purchasing an additional 1,301,383 shares during the period. Hood River Capital Management LLC acquired a new stake in shares of Vishay Intertechnology in the 4th quarter worth about $53,860,000. Van Lanschot Kempen Investment Management N.V. increased its stake in Vishay Intertechnology by 69.4% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 2,463,334 shares of the semiconductor company’s stock valued at $41,729,000 after buying an additional 1,009,042 shares during the last quarter. Woodline Partners LP increased its stake in Vishay Intertechnology by 148.5% in the 4th quarter. Woodline Partners LP now owns 1,770,791 shares of the semiconductor company’s stock valued at $29,997,000 after buying an additional 1,058,173 shares during the last quarter. Finally, Systematic Financial Management LP boosted its holdings in Vishay Intertechnology by 4.9% in the 4th quarter. Systematic Financial Management LP now owns 1,455,751 shares of the semiconductor company’s stock worth $24,660,000 after buying an additional 67,414 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Sunday.

Vishay Intertechnology Stock Down 0.4%

Shares of Vishay Intertechnology stock opened at $14.78 on Tuesday. Vishay Intertechnology, Inc. has a 52-week low of $10.35 and a 52-week high of $20.91. The company has a 50 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. The company has a market capitalization of $2.00 billion, a P/E ratio of -22.73 and a beta of 1.13.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data 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 net margin of 3.00% and a negative return on equity of 0.10%. The firm had revenue of $762.25 million during the quarter, compared to analysts’ expectations of $756.07 million. During the same quarter last year, the business earned $0.17 earnings per share. The business’s quarterly revenue was up 2.8% on a year-over-year basis. As a group, research analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Thursday, September 11th. Vishay Intertechnology’s dividend payout ratio is currently -61.54%.

Insiders Place Their Bets

In related news, Director Michael J. Cody bought 3,500 shares of the company’s stock in a transaction on Wednesday, June 11th. The shares were purchased at an average cost of $16.12 per share, with a total value of $56,420.00. Following the completion of the transaction, the director directly owned 60,169 shares of the company’s stock, valued at approximately $969,924.28. This represents a 6.18% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 8.32% of the stock is currently owned by corporate insiders.

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.