Systematic Financial Management LP decreased its holdings in shares of Vishay Intertechnology (NYSE:VSH) by 6.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,001,659 shares of the semiconductor company’s stock after selling 69,761 shares during the quarter. Systematic Financial Management LP owned 0.68% of Vishay Intertechnology worth $20,784,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of VSH. State Street Corp grew its holdings in shares of Vishay Intertechnology by 6.5% during the second quarter. State Street Corp now owns 4,824,475 shares of the semiconductor company’s stock worth $80,084,000 after purchasing an additional 295,455 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Vishay Intertechnology by 0.4% during the second quarter. The Manufacturers Life Insurance Company now owns 295,221 shares of the semiconductor company’s stock worth $4,900,000 after purchasing an additional 1,105 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in Vishay Intertechnology by 72.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 52,577 shares of the semiconductor company’s stock worth $873,000 after buying an additional 22,054 shares during the last quarter. Eqis Capital Management Inc. bought a new stake in Vishay Intertechnology in the 3rd quarter worth approximately $292,000. Finally, Shell Asset Management Co. bought a new stake in Vishay Intertechnology in the 3rd quarter worth approximately $2,106,000.
Shares of Vishay Intertechnology (VSH) opened at $17.90 on Tuesday. The firm has a market capitalization of $2,631.35, a P/E ratio of -81.36, a P/E/G ratio of 2.33 and a beta of 1.21. Vishay Intertechnology has a 12-month low of $15.40 and a 12-month high of $23.85. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.88 and a quick ratio of 3.11.
Vishay Intertechnology (NYSE:VSH) last released its earnings results on Tuesday, February 6th. The semiconductor company reported $0.37 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.02). The firm had revenue of $674.50 million during the quarter, compared to the consensus estimate of $677.51 million. Vishay Intertechnology had a positive return on equity of 14.07% and a negative net margin of 0.78%. The business’s quarterly revenue was up 18.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.18 EPS. analysts expect that Vishay Intertechnology will post 1.57 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Wednesday, March 14th will be given a $0.0675 dividend. The ex-dividend date is Tuesday, March 13th. This represents a $0.27 dividend on an annualized basis and a yield of 1.51%. Vishay Intertechnology’s payout ratio is -122.72%.
A number of analysts recently weighed in on the company. Zacks Investment Research downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, February 10th. TheStreet downgraded Vishay Intertechnology from an “a-” rating to a “c+” rating in a research report on Tuesday, February 6th. Stifel Nicolaus restated a “hold” rating and issued a $20.00 target price (down previously from $23.00) on shares of Vishay Intertechnology in a research report on Wednesday, February 7th. Finally, Citigroup boosted their target price on Vishay Intertechnology from $16.00 to $19.00 and gave the stock a “sell” rating in a research report on Friday, October 27th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $22.00.
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Vishay Intertechnology Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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