Sowell Financial Services LLC boosted its stake in Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) by 21.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,463 shares of the semiconductor company’s stock after purchasing an additional 2,354 shares during the quarter. Sowell Financial Services LLC’s holdings in Vishay Intertechnology were worth $214,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of VSH. Two Sigma Investments LP lifted its position in Vishay Intertechnology by 182.2% during the fourth quarter. Two Sigma Investments LP now owns 151,960 shares of the semiconductor company’s stock valued at $2,574,000 after buying an additional 98,120 shares in the last quarter. Wolverine Trading LLC acquired a new position in Vishay Intertechnology during the fourth quarter valued at approximately $171,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Vishay Intertechnology by 15.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 237,607 shares of the semiconductor company’s stock valued at $4,025,000 after buying an additional 32,304 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Vishay Intertechnology during the fourth quarter valued at approximately $887,000. Finally, GAMMA Investing LLC lifted its position in Vishay Intertechnology by 11,063.0% during the first quarter. GAMMA Investing LLC now owns 42,866 shares of the semiconductor company’s stock valued at $682,000 after buying an additional 42,482 shares in the last quarter. 93.66% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on VSH shares. Wall Street Zen raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Zacks Research raised shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $19.00.
Vishay Intertechnology Stock Up 0.9%
VSH stock opened at $15.04 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.64. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $20.15. The firm has a fifty day moving average price of $15.52 and a two-hundred day moving average price of $15.03. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of -23.14 and a beta of 1.15.
Vishay Intertechnology (NYSE:VSH – Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.09). The firm had revenue of $762.25 million for the quarter, compared to the consensus estimate of $756.07 million. Vishay Intertechnology had a negative return on equity of 0.10% and a negative net margin of 3.00%.The firm’s revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.17 EPS. Research analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.
Vishay Intertechnology Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 11th were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.40 annualized dividend and a yield of 2.7%. 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.
Featured Stories
- Five stocks we like better than Vishay Intertechnology
- Expert Stock Trading Psychology Tips
- Pfizer is Locking in New Growth Through a New Acquisition
- What Are the U.K. Market Holidays? How to Invest and Trade
- Copper Giant Freeport Slumps but Analysts See 33% Upside
- Growth Stocks: What They Are, What They Are Not
- The BYD Opportunity: Tesla-Like Growth at a Fraction of the Price
Receive News & Ratings for Vishay Intertechnology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology and related companies with MarketBeat.com's FREE daily email newsletter.