Legal & General Group Plc Sells 13,284 Shares of Vishay Intertechnology, Inc. $VSH

Legal & General Group Plc decreased its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 316,669 shares of the semiconductor company’s stock after selling 13,284 shares during the period. Legal & General Group Plc owned 0.23% of Vishay Intertechnology worth $4,589,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. ProShare Advisors LLC boosted its stake in Vishay Intertechnology by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 23,569 shares of the semiconductor company’s stock valued at $342,000 after acquiring an additional 699 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Vishay Intertechnology by 0.3% in the fourth quarter. State of Alaska Department of Revenue now owns 248,135 shares of the semiconductor company’s stock valued at $3,595,000 after acquiring an additional 743 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Vishay Intertechnology by 7.4% in the second quarter. Corient Private Wealth LLC now owns 18,598 shares of the semiconductor company’s stock valued at $295,000 after acquiring an additional 1,288 shares during the last quarter. Verdence Capital Advisors LLC boosted its stake in Vishay Intertechnology by 4.2% in the fourth quarter. Verdence Capital Advisors LLC now owns 34,439 shares of the semiconductor company’s stock valued at $499,000 after acquiring an additional 1,399 shares during the last quarter. Finally, Covestor Ltd boosted its stake in Vishay Intertechnology by 16.9% in the fourth quarter. Covestor Ltd now owns 10,442 shares of the semiconductor company’s stock valued at $151,000 after acquiring an additional 1,510 shares during the last quarter. 93.66% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on VSH. Zacks Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Weiss Ratings raised shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Bank of America raised their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research note on Thursday, May 14th. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Finally, Wall Street Zen cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $24.00.

Vishay Intertechnology Trading Up 0.1%

Shares of NYSE VSH opened at $57.24 on Tuesday. The company’s fifty day moving average is $34.17 and its 200-day moving average is $22.99. The stock has a market cap of $7.79 billion, a price-to-earnings ratio of 5,723.50 and a beta of 1.76. Vishay Intertechnology, Inc. has a twelve month low of $11.77 and a twelve month high of $66.24. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The business’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.03) earnings per share. Equities research analysts predict that Vishay Intertechnology, Inc. will post 0.75 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Thursday, June 18th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, June 18th. Vishay Intertechnology’s payout ratio is currently 4,000.00%.

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.