Paloma Partners Management Co Invests $415,000 in Vishay Intertechnology, Inc. (NYSE:VSH)

Paloma Partners Management Co bought a new position in Vishay Intertechnology, Inc. (NYSE:VSH) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 21,936 shares of the semiconductor company’s stock, valued at approximately $415,000.

A number of other large investors have also recently made changes to their positions in the business. Price T Rowe Associates Inc. MD grew its holdings in Vishay Intertechnology by 6.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 80,653 shares of the semiconductor company’s stock valued at $1,830,000 after purchasing an additional 4,614 shares during the last quarter. Tidal Investments LLC grew its holdings in Vishay Intertechnology by 118.2% during the 1st quarter. Tidal Investments LLC now owns 30,247 shares of the semiconductor company’s stock valued at $686,000 after purchasing an additional 16,385 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its holdings in 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 valued at $30,000 after purchasing an additional 868 shares during the last quarter. QRG Capital Management Inc. grew its holdings in Vishay Intertechnology by 10.0% during the 2nd quarter. QRG Capital Management Inc. now owns 25,568 shares of the semiconductor company’s stock valued at $570,000 after purchasing an additional 2,317 shares during the last quarter. Finally, M&G Plc grew its holdings in Vishay Intertechnology by 5.0% during the 2nd quarter. M&G Plc now owns 274,624 shares of the semiconductor company’s stock valued at $6,042,000 after purchasing an additional 13,073 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VSH. TD Cowen cut their price target on shares of 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 upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Thursday.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock opened at $18.91 on Thursday. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 30.49 and a beta of 1.12. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.72. The firm has a 50-day moving average of $17.61 and a two-hundred day moving average of $20.21.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.06). The company had revenue of $735.35 million during the quarter, compared to analysts’ expectations of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. Vishay Intertechnology’s quarterly revenue was down 13.9% on a year-over-year basis. During the same period last year, the firm earned $0.60 earnings per share. On average, research analysts forecast that Vishay Intertechnology, Inc. will post 0.55 earnings per share 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 given a $0.10 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.40 annualized dividend and a dividend yield of 2.12%. Vishay Intertechnology’s payout ratio 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.