Twelve Points Wealth Management LLC Boosts Holdings in Vishay Intertechnology, Inc. $VSH

Twelve Points Wealth Management LLC increased its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 12.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 137,943 shares of the semiconductor company’s stock after acquiring an additional 14,799 shares during the period. Twelve Points Wealth Management LLC owned about 0.10% of Vishay Intertechnology worth $2,191,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. GAMMA Investing LLC raised its position in shares of Vishay Intertechnology by 602.1% in the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 2,312 shares in the last quarter. Larson Financial Group LLC raised its holdings in Vishay Intertechnology by 27,083.3% in the 1st quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company’s stock worth $52,000 after purchasing an additional 3,250 shares during the period. CWM LLC raised its holdings in Vishay Intertechnology by 76.0% in the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 1,500 shares during the period. Summit Securities Group LLC bought a new position in Vishay Intertechnology in the 1st quarter worth $126,000. Finally, Banque Transatlantique SA bought a new position in Vishay Intertechnology in the 1st quarter worth $126,000. Institutional investors own 93.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Wall Street Zen raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Zacks Research raised Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $19.00.

Vishay Intertechnology Trading Up 0.9%

VSH opened at $15.04 on Friday. The firm has a market cap of $2.04 billion, a P/E ratio of -23.14 and a beta of 1.15. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $20.15. The company has a current ratio of 2.70, a quick ratio of 1.64 and a debt-to-equity ratio of 0.44. The stock has a 50-day moving average of $15.52 and a 200 day moving average of $15.03.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $762.25 million for the quarter, compared to analysts’ expectations of $756.07 million. During the same quarter last year, the firm earned $0.17 EPS. The firm’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 year.

Vishay Intertechnology Announces Dividend

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

About Vishay Intertechnology

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.