Northern Trust Corp Sells 22,008 Shares of Vishay Intertechnology, Inc. $VSH

Northern Trust Corp cut 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 filing with the Securities & Exchange Commission. The institutional investor owned 1,635,239 shares of the semiconductor company’s stock after selling 22,008 shares during the period. Northern Trust Corp owned about 1.21% of Vishay Intertechnology worth $26,000,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC grew its stake in Vishay Intertechnology by 602.1% in the first quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 2,312 shares during the last quarter. Larson Financial Group LLC grew its stake in Vishay Intertechnology by 27,083.3% in the first quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company’s stock valued at $52,000 after purchasing an additional 3,250 shares during the last quarter. CWM LLC grew its stake in Vishay Intertechnology by 76.0% in the first quarter. CWM LLC now owns 3,473 shares of the semiconductor company’s stock valued at $55,000 after purchasing an additional 1,500 shares during the last quarter. Summit Securities Group LLC purchased a new position in Vishay Intertechnology in the first quarter valued at about $126,000. Finally, State of Wyoming grew its stake in Vishay Intertechnology by 234.2% in the fourth quarter. State of Wyoming now owns 8,893 shares of the semiconductor company’s stock valued at $151,000 after purchasing an additional 6,232 shares during the last quarter. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Stock Performance

Shares of VSH stock opened at $15.41 on Monday. The company has a market capitalization of $2.09 billion, a P/E ratio of -23.71 and a beta of 1.15. The business’s 50 day moving average is $16.12 and its two-hundred day moving average is $15.36. The company has a current ratio of 2.70, a quick ratio of 1.64 and a debt-to-equity ratio of 0.44. Vishay Intertechnology, Inc. has a 12-month low of $10.35 and a 12-month high of $20.60.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.09). The firm had revenue of $762.25 million during the quarter, compared to analysts’ expectations of $756.07 million. Vishay Intertechnology had a negative net margin of 3.00% and a negative return on equity of 0.10%. The business’s revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.17 EPS. Analysts expect 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. Investors of record on Thursday, September 11th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, September 11th. Vishay Intertechnology’s dividend payout ratio (DPR) is currently -61.54%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Sunday, August 17th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $19.00.

Insider Activity at Vishay Intertechnology

In other Vishay Intertechnology news, Director Michael J. Cody bought 3,500 shares of the business’s stock in a transaction on Wednesday, June 11th. The stock was bought at an average price of $16.12 per share, with a total value of $56,420.00. Following the completion of the purchase, the director directly owned 60,169 shares in the company, valued at $969,924.28. The trade was a 6.18% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 8.32% of the company’s stock.

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.