Vishay Intertechnology, Inc. $VSH Shares Sold by Mizuho Markets Americas LLC

Mizuho Markets Americas LLC cut its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 30.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 563,367 shares of the semiconductor company’s stock after selling 250,000 shares during the period. Mizuho Markets Americas LLC owned approximately 0.42% of Vishay Intertechnology worth $8,163,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of VSH. Woodline Partners LP grew its position in shares of Vishay Intertechnology by 25.3% during the 3rd quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock valued at $104,251,000 after acquiring an additional 1,377,356 shares during the period. Tudor Investment Corp ET AL acquired a new stake in shares of Vishay Intertechnology during the 3rd quarter valued at about $12,306,000. Two Sigma Investments LP grew its position in shares of Vishay Intertechnology by 1,440.5% during the 3rd quarter. Two Sigma Investments LP now owns 844,508 shares of the semiconductor company’s stock valued at $12,921,000 after acquiring an additional 789,686 shares during the period. UBS Group AG grew its position in shares of Vishay Intertechnology by 173.0% during the 4th quarter. UBS Group AG now owns 995,668 shares of the semiconductor company’s stock valued at $14,427,000 after acquiring an additional 630,917 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Vishay Intertechnology during the 3rd quarter valued at about $7,687,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Trading Up 12.3%

VSH stock opened at $47.36 on Friday. The company has a current ratio of 2.64, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. Vishay Intertechnology, Inc. has a 12-month low of $11.77 and a 12-month high of $47.94. The stock has a market cap of $6.43 billion, a price-to-earnings ratio of 4,735.70 and a beta of 1.53. The business’s 50-day moving average is $25.79 and its 200 day moving average is $19.76.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The company had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. During the same period in the previous year, the firm posted ($0.03) EPS. Vishay Intertechnology’s revenue was up 17.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Vishay Intertechnology, Inc. will post 0.64 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Thursday, June 18th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, June 18th. Vishay Intertechnology’s payout ratio is presently 4,000.00%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on VSH. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Bank of America raised their target price on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. Finally, Weiss Ratings upgraded Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Two analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $24.00.

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.