Invenomic Capital Management LP Has $10.88 Million Stake in Vishay Intertechnology, Inc. $VSH

Invenomic Capital Management LP reduced its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 33.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 710,948 shares of the semiconductor company’s stock after selling 361,791 shares during the period. Invenomic Capital Management LP owned 0.52% of Vishay Intertechnology worth $10,878,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. State of Alaska Department of Revenue lifted its holdings in Vishay Intertechnology by 25.6% during the 3rd quarter. State of Alaska Department of Revenue now owns 247,392 shares of the semiconductor company’s stock valued at $3,784,000 after purchasing an additional 50,467 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Vishay Intertechnology in the third quarter valued at approximately $1,911,000. Live Oak Private Wealth LLC grew its holdings in shares of Vishay Intertechnology by 45.7% during the 3rd quarter. Live Oak Private Wealth LLC now owns 442,758 shares of the semiconductor company’s stock worth $6,774,000 after purchasing an additional 138,965 shares in the last quarter. GSA Capital Partners LLP bought a new position in Vishay Intertechnology in the 3rd quarter valued at about $2,006,000. Finally, Brandywine Global Investment Management LLC bought a new position in Vishay Intertechnology in the second quarter valued at approximately $3,451,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Vishay Intertechnology Trading Up 0.6%

VSH opened at $17.25 on Monday. Vishay Intertechnology, Inc. has a twelve month low of $10.35 and a twelve month high of $22.00. The company has a fifty day moving average of $18.42 and a 200-day moving average of $16.31. The stock has a market cap of $2.34 billion, a PE ratio of -246.38 and a beta of 1.14. The company has a quick ratio of 1.57, a current ratio of 2.62 and a debt-to-equity ratio of 0.46.

Vishay Intertechnology (NYSE:VSH) last issued 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). The firm had revenue of $800.92 million for the quarter, compared to the consensus estimate of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. On average, sell-side analysts predict 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 will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Thursday, March 12th. Vishay Intertechnology’s dividend payout ratio is presently -571.43%.

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.