Vishay Intertechnology, Inc. (NYSE:VSH) Stock Holdings Reduced by Atom Investors LP

Atom Investors LP reduced its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 29.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,354 shares of the semiconductor company’s stock after selling 28,677 shares during the period. Atom Investors LP owned about 0.05% of Vishay Intertechnology worth $1,311,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Matrix Trust Co bought a new position in Vishay Intertechnology during the third quarter valued at approximately $25,000. Massmutual Trust Co. FSB ADV increased its stake in shares of Vishay Intertechnology by 173.9% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 868 shares during the last quarter. nVerses Capital LLC bought a new position in shares of Vishay Intertechnology during the 2nd quarter valued at $45,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vishay Intertechnology by 11,136.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 2,116 shares during the last quarter. Finally, Adirondack Trust Co. boosted its holdings in Vishay Intertechnology by 71.4% in the third quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company’s stock worth $91,000 after purchasing an additional 2,000 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VSH has been the topic of several recent research reports. TD Cowen cut their target price on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a report on Thursday, August 8th. StockNews.com downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Wednesday, November 27th.

Vishay Intertechnology Price Performance

NYSE VSH opened at $19.41 on Tuesday. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.72. The company has a fifty day simple moving average of $17.60 and a 200 day simple moving average of $20.28. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. The company has a market cap of $2.64 billion, a P/E ratio of 31.31 and a beta of 1.12.

Vishay Intertechnology (NYSE:VSH) last released its quarterly 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 firm had revenue of $735.35 million for the quarter, compared to the consensus estimate of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The firm’s revenue was down 13.9% on a year-over-year basis. During the same quarter last year, the company earned $0.60 earnings per share. On average, sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.55 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.06%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 64.52%.

Vishay Intertechnology 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.