Coldstream Capital Management Inc. Takes $196,000 Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Coldstream Capital Management Inc. purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,427 shares of the semiconductor company’s stock, valued at approximately $196,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Matrix Trust Co bought a new position in shares of Vishay Intertechnology in the third quarter worth about $25,000. nVerses Capital LLC bought a new position in Vishay Intertechnology in the 2nd quarter worth approximately $45,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Vishay Intertechnology by 11,136.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock worth $48,000 after buying an additional 2,116 shares in the last quarter. Adirondack Trust Co. boosted its position in Vishay Intertechnology by 71.4% in the 3rd quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company’s stock valued at $91,000 after buying an additional 2,000 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale acquired a new stake in shares of Vishay Intertechnology in the 3rd quarter valued at $101,000. Institutional investors own 93.66% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on VSH shares. JPMorgan Chase & Co. started coverage on Vishay Intertechnology in a report on Monday. They issued a “neutral” rating and a $19.00 price target on the stock. StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th.

Vishay Intertechnology Stock Down 1.3 %

NYSE:VSH opened at $17.51 on Wednesday. The stock’s fifty day simple moving average is $17.57 and its 200-day simple moving average is $19.81. The firm has a market capitalization of $2.38 billion, a P/E ratio of 28.24 and a beta of 1.12. The company has a quick ratio of 1.85, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. Vishay Intertechnology, Inc. has a 12-month low of $14.95 and a 12-month high of $24.68.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). The company had revenue of $735.35 million for the quarter, compared to the consensus estimate of $748.84 million. Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. Vishay Intertechnology’s quarterly revenue was down 13.9% on a year-over-year basis. During the same quarter last year, the business posted $0.60 EPS. Equities research analysts expect that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were issued a $0.10 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $0.40 annualized dividend and a yield of 2.28%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 64.52%.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.