Vise Technologies Inc. Purchases Shares of 22,632 Vishay Intertechnology, Inc. $VSH

Vise Technologies Inc. purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 22,632 shares of the semiconductor company’s stock, valued at approximately $1,217,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of VSH. Royal Bank of Canada boosted its stake in Vishay Intertechnology by 26.6% during the first quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company’s stock valued at $1,142,000 after buying an additional 15,079 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Vishay Intertechnology by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,123 shares of the semiconductor company’s stock worth $1,179,000 after acquiring an additional 2,250 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Vishay Intertechnology by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 250,154 shares of the semiconductor company’s stock worth $3,977,000 after acquiring an additional 12,547 shares in the last quarter. AXA S.A. lifted its holdings in Vishay Intertechnology by 13.5% in the 2nd quarter. AXA S.A. now owns 176,254 shares of the semiconductor company’s stock valued at $2,799,000 after acquiring an additional 20,950 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in Vishay Intertechnology by 132.4% in the 2nd quarter. Quantinno Capital Management LP now owns 52,791 shares of the semiconductor company’s stock valued at $838,000 after acquiring an additional 30,075 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Price Performance

NYSE VSH opened at $31.65 on Friday. The stock’s 50-day moving average price is $43.02 and its two-hundred day moving average price is $33.68. The company has a current ratio of 1.80, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.85 billion, a PE ratio of 166.59 and a beta of 1.81. Vishay Intertechnology, Inc. has a 1 year low of $11.77 and a 1 year high of $69.47.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.04. The company had revenue of $918.58 million during the quarter, compared to analyst estimates of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.07) earnings per share. On average, analysts predict that Vishay Intertechnology, Inc. will post 0.86 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 10th. Vishay Intertechnology’s dividend payout ratio is 210.53%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on VSH. Zacks Research lowered shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. 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 report on Thursday, May 14th. Raymond James Financial began coverage on shares of Vishay Intertechnology in a research note on Tuesday, August 4th. They set an “outperform” rating and a $40.00 target price for the company. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $33.25.

Vishay Intertechnology 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.