Invenomic Capital Management LP Cuts Stock Position in Vishay Intertechnology, Inc. $VSH

Invenomic Capital Management LP lessened its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 2.2% during the 4th quarter, Holdings Channel reports. The firm owned 695,125 shares of the semiconductor company’s stock after selling 15,823 shares during the quarter. Invenomic Capital Management LP’s holdings in Vishay Intertechnology were worth $10,072,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Dana Investment Advisors Inc. grew its position in Vishay Intertechnology by 30.4% during the 4th quarter. Dana Investment Advisors Inc. now owns 185,302 shares of the semiconductor company’s stock worth $2,685,000 after purchasing an additional 43,149 shares during the last quarter. Bernzott Capital Advisors grew its position in Vishay Intertechnology by 12.9% during the 4th quarter. Bernzott Capital Advisors now owns 549,780 shares of the semiconductor company’s stock worth $7,966,000 after purchasing an additional 62,753 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in Vishay Intertechnology during the 3rd quarter worth approximately $12,306,000. UBS Group AG grew its position in Vishay Intertechnology by 173.0% during the 4th quarter. UBS Group AG now owns 995,668 shares of the semiconductor company’s stock worth $14,427,000 after purchasing an additional 630,917 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Vishay Intertechnology by 355.0% during the 4th quarter. SG Americas Securities LLC now owns 149,461 shares of the semiconductor company’s stock worth $2,166,000 after purchasing an additional 116,609 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Weiss Ratings raised shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Zacks Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Bank of America boosted their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research report on Thursday, May 14th. Finally, Wall Street Zen downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $24.00.

Vishay Intertechnology Stock Down 0.2%

VSH stock opened at $60.28 on Thursday. The firm’s fifty day simple moving average is $39.96 and its 200-day simple moving average is $25.29. The company has a market capitalization of $8.21 billion, a P/E ratio of 6,028.40 and a beta of 1.76. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53. Vishay Intertechnology, Inc. has a 12 month low of $11.77 and a 12 month high of $66.65.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. The business had revenue of $839.24 million for the quarter, compared to the consensus estimate of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The business’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.03) EPS. As a group, equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

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