Y Intercept Hong Kong Ltd Buys New Position in Vishay Intertechnology, Inc. $VSH

Y Intercept Hong Kong Ltd acquired a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 124,890 shares of the semiconductor company’s stock, valued at approximately $1,911,000. Y Intercept Hong Kong Ltd owned approximately 0.09% of Vishay Intertechnology as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Inscription Capital LLC acquired a new position in Vishay Intertechnology during the 3rd quarter valued at approximately $173,000. Verdence Capital Advisors LLC increased its position in shares of Vishay Intertechnology by 4.2% in the 3rd quarter. Verdence Capital Advisors LLC now owns 33,040 shares of the semiconductor company’s stock valued at $506,000 after acquiring an additional 1,335 shares during the period. Mizuho Markets Americas LLC raised its stake in Vishay Intertechnology by 3.6% in the 3rd quarter. Mizuho Markets Americas LLC now owns 813,367 shares of the semiconductor company’s stock worth $12,445,000 after acquiring an additional 28,000 shares during the last quarter. Amalgamated Bank lifted its position in Vishay Intertechnology by 8.8% during the 3rd quarter. Amalgamated Bank now owns 35,475 shares of the semiconductor company’s stock worth $543,000 after acquiring an additional 2,872 shares during the period. Finally, Bernzott Capital Advisors lifted its position in Vishay Intertechnology by 5.6% during the 3rd quarter. Bernzott Capital Advisors now owns 487,027 shares of the semiconductor company’s stock worth $7,452,000 after acquiring an additional 25,919 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Price Performance

Shares of NYSE VSH opened at $20.14 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.67 and a quick ratio of 1.60. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of -35.33 and a beta of 1.12. The firm’s 50 day simple moving average is $15.75 and its 200-day simple moving average is $15.66. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $20.29.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, November 5th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. The firm had revenue of $790.64 million during the quarter, compared to analysts’ expectations of $779.81 million. Vishay Intertechnology had a negative net margin of 2.56% and a negative return on equity of 0.36%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.08 EPS. Analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, December 3rd were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Wednesday, December 3rd. Vishay Intertechnology’s payout ratio is currently -70.18%.

Analysts Set New Price Targets

VSH has been the subject of several research analyst reports. Bank of America raised their price objective on Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research note on Thursday, January 22nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Sell” and an average price target of $16.00.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.