Tocqueville Asset Management L.P. Has $20.10 Million Position in Vishay Intertechnology, Inc. $VSH

Tocqueville Asset Management L.P. lessened its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 6.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,313,711 shares of the semiconductor company’s stock after selling 85,783 shares during the period. Tocqueville Asset Management L.P.’s holdings in Vishay Intertechnology were worth $20,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in VSH. Jones Financial Companies Lllp lifted its holdings in shares of Vishay Intertechnology by 709.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 1,575 shares during the period. GAMMA Investing LLC increased its stake in Vishay Intertechnology by 12.2% in the third quarter. GAMMA Investing LLC now owns 9,697 shares of the semiconductor company’s stock valued at $148,000 after acquiring an additional 1,052 shares during the period. Hennion & Walsh Asset Management Inc. acquired a new position in Vishay Intertechnology in the third quarter worth about $171,000. Inscription Capital LLC bought a new position in Vishay Intertechnology during the third quarter worth about $173,000. Finally, Inceptionr LLC bought a new position in Vishay Intertechnology during the third quarter worth about $240,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

Wall Street Analysts Forecast Growth

VSH has been the topic of several analyst reports. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Zacks Research lowered Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research note on Monday, February 9th. Bank of America upped their price target on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a research report on Thursday, January 22nd. JPMorgan Chase & Co. increased their price objective on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $18.00.

Vishay Intertechnology Price Performance

Shares of NYSE VSH traded up $0.05 during mid-day trading on Friday, hitting $17.20. 152,794 shares of the stock were exchanged, compared to its average volume of 2,373,780. Vishay Intertechnology, Inc. has a twelve month low of $10.35 and a twelve month high of $22.00. The stock’s fifty day simple moving average is $18.38 and its two-hundred day simple moving average is $16.28. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62. The company has a market cap of $2.34 billion, a P/E ratio of -245.38 and a beta of 1.14.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The business had revenue of $800.92 million for the quarter, compared to the consensus estimate of $790.47 million. The business’s revenue was up 12.1% on a year-over-year basis. As a group, analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.40 dividend on an annualized basis and a yield of 2.3%. Vishay Intertechnology’s dividend payout ratio is currently -571.43%.

About Vishay Intertechnology

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.