Covestor Ltd Increases Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Covestor Ltd lifted its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 33.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,177 shares of the semiconductor company’s stock after purchasing an additional 2,072 shares during the quarter. Covestor Ltd’s holdings in Vishay Intertechnology were worth $186,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in shares of Vishay Intertechnology during the 4th quarter worth about $262,283,000. Mizuho Markets Americas LLC raised its holdings in Vishay Intertechnology by 863.7% during the fourth quarter. Mizuho Markets Americas LLC now owns 944,408 shares of the semiconductor company’s stock worth $22,637,000 after purchasing an additional 846,408 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Vishay Intertechnology by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company’s stock worth $338,366,000 after buying an additional 714,275 shares during the last quarter. Wasatch Advisors LP boosted its holdings in shares of Vishay Intertechnology by 33.8% in the 4th quarter. Wasatch Advisors LP now owns 1,858,012 shares of the semiconductor company’s stock valued at $44,537,000 after buying an additional 468,854 shares in the last quarter. Finally, First Trust Advisors LP grew its position in shares of Vishay Intertechnology by 23.9% in the 4th quarter. First Trust Advisors LP now owns 2,093,809 shares of the semiconductor company’s stock valued at $50,189,000 after buying an additional 403,960 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Insider Activity at Vishay Intertechnology

In other Vishay Intertechnology news, Director John Malvisi purchased 8,929 shares of Vishay Intertechnology stock in a transaction dated Friday, May 10th. The shares were bought at an average cost of $22.60 per share, for a total transaction of $201,795.40. Following the transaction, the director now owns 16,438 shares in the company, valued at approximately $371,498.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 8.14% of the company’s stock.

Vishay Intertechnology Trading Down 0.9 %

NYSE:VSH traded down $0.23 on Tuesday, hitting $24.04. 350,039 shares of the stock were exchanged, compared to its average volume of 1,176,845. The stock has a market cap of $3.30 billion, a PE ratio of 13.94 and a beta of 1.12. Vishay Intertechnology, Inc. has a fifty-two week low of $20.83 and a fifty-two week high of $28.69. The company has a current ratio of 3.02, a quick ratio of 2.08 and a debt-to-equity ratio of 0.37. The stock has a fifty day moving average of $23.03 and a 200-day moving average of $22.49.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, May 8th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.02. The company had revenue of $746.30 million during the quarter, compared to the consensus estimate of $735.96 million. Vishay Intertechnology had a net margin of 7.41% and a return on equity of 11.95%. Vishay Intertechnology’s revenue for the quarter was down 14.3% on a year-over-year basis. During the same quarter last year, the company earned $0.79 earnings per share. As a group, equities analysts expect that Vishay Intertechnology, Inc. will post 0.87 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, June 13th were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.66%. Vishay Intertechnology’s dividend payout ratio (DPR) is 22.99%.

Analyst Ratings Changes

Separately, Stifel Nicolaus restated a “buy” rating and set a $25.00 target price on shares of Vishay Intertechnology in a research report on Wednesday, April 3rd.

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.