GAMMA Investing LLC Buys 5,949 Shares of Vishay Intertechnology, Inc. $VSH

GAMMA Investing LLC raised its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 220.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,645 shares of the semiconductor company’s stock after buying an additional 5,949 shares during the period. GAMMA Investing LLC’s holdings in Vishay Intertechnology were worth $137,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Larson Financial Group LLC raised its holdings in Vishay Intertechnology by 27,083.3% during the first quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company’s stock valued at $52,000 after buying an additional 3,250 shares in the last quarter. CWM LLC raised its holdings in Vishay Intertechnology by 76.0% during the first quarter. CWM LLC now owns 3,473 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 1,500 shares in the last quarter. Summit Securities Group LLC bought a new position in Vishay Intertechnology during the first quarter valued at about $126,000. Banque Transatlantique SA bought a new position in Vishay Intertechnology during the first quarter valued at about $126,000. Finally, Sowell Financial Services LLC bought a new position in shares of Vishay Intertechnology in the first quarter worth about $177,000. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Trading Up 1.0%

Shares of VSH opened at $15.31 on Wednesday. Vishay Intertechnology, Inc. has a 12-month low of $10.35 and a 12-month high of $20.15. 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 firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of -23.55 and a beta of 1.15. The stock’s 50-day moving average price is $15.43 and its 200 day moving average price is $15.00.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly 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 firm had revenue of $762.25 million for the quarter, compared to the consensus estimate of $756.07 million. During the same quarter in the prior year, the firm earned $0.17 earnings per share. The company’s revenue was up 2.8% on a year-over-year basis. As a group, research analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th were 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 was Thursday, September 11th. Vishay Intertechnology’s payout ratio is presently -61.54%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Wall Street Zen raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Zacks Research raised 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, Vishay Intertechnology currently has an average rating of “Hold” and an average target price of $19.00.

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.