Suntrust Banks Inc. Sells 5,774 Shares of Vishay Intertechnology, Inc. (VSH)

Suntrust Banks Inc. reduced its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 16.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 28,692 shares of the semiconductor company’s stock after selling 5,774 shares during the quarter. Suntrust Banks Inc.’s holdings in Vishay Intertechnology were worth $475,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in VSH. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Vishay Intertechnology by 83.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,200 shares of the semiconductor company’s stock worth $102,000 after purchasing an additional 2,827 shares during the last quarter. Riverhead Capital Management LLC raised its holdings in Vishay Intertechnology by 65.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,090 shares of the semiconductor company’s stock worth $134,000 after purchasing an additional 3,190 shares during the last quarter. US Bancorp DE raised its holdings in Vishay Intertechnology by 0.5% during the 1st quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock worth $144,000 after purchasing an additional 45 shares during the last quarter. LS Investment Advisors LLC raised its holdings in Vishay Intertechnology by 17.9% during the 2nd quarter. LS Investment Advisors LLC now owns 10,513 shares of the semiconductor company’s stock worth $175,000 after purchasing an additional 1,595 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new stake in Vishay Intertechnology during the 2nd quarter worth about $201,000.

Shares of Vishay Intertechnology, Inc. (NYSE VSH) opened at 20.80 on Wednesday. Vishay Intertechnology, Inc. has a 52 week low of $13.66 and a 52 week high of $20.95. The company has a market capitalization of $3.04 billion, a PE ratio of 39.47 and a beta of 1.24. The stock has a 50 day moving average price of $18.25 and a 200-day moving average price of $17.14.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Thursday, August 3rd. The semiconductor company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.02. The company had revenue of $644.89 million for the quarter, compared to analyst estimates of $643.19 million. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.23 earnings per share. Equities research analysts expect that Vishay Intertechnology, Inc. will post $1.35 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 28th. Investors of record on Friday, September 15th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date was Thursday, September 14th. Vishay Intertechnology’s dividend payout ratio is currently 49.02%.

Vishay Intertechnology declared that its board has approved a share buyback program on Wednesday, August 2nd that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the semiconductor company to purchase up to 5.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

ILLEGAL ACTIVITY NOTICE: “Suntrust Banks Inc. Sells 5,774 Shares of Vishay Intertechnology, Inc. (VSH)” was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright and trademark law. The original version of this piece of content can be viewed at https://ledgergazette.com/2017/10/11/suntrust-banks-inc-sells-5774-shares-of-vishay-intertechnology-inc-vsh.html.

Several brokerages have weighed in on VSH. Zacks Investment Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective for the company in a report on Thursday, October 5th. BidaskClub raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $17.00 price target on shares of Vishay Intertechnology in a research note on Friday, July 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has a

A number of other large investors have also recently made changes to their positions in VSH. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Vishay Intertechnology by 83.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,200 shares of the semiconductor company’s stock worth $102,000 after purchasing an additional 2,827 shares during the last quarter. Riverhead Capital Management LLC raised its holdings in Vishay Intertechnology by 65.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,090 shares of the semiconductor company’s stock worth $134,000 after purchasing an additional 3,190 shares during the last quarter. US Bancorp DE raised its holdings in Vishay Intertechnology by 0.5% during the 1st quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock worth $144,000 after purchasing an additional 45 shares during the last quarter. LS Investment Advisors LLC raised its holdings in Vishay Intertechnology by 17.9% during the 2nd quarter. LS Investment Advisors LLC now owns 10,513 shares of the semiconductor company’s stock worth $175,000 after purchasing an additional 1,595 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new stake in Vishay Intertechnology during the 2nd quarter worth about $201,000.

Shares of Vishay Intertechnology, Inc. (NYSE VSH) opened at 20.80 on Wednesday. Vishay Intertechnology, Inc. has a 52 week low of $13.66 and a 52 week high of $20.95. The company has a market capitalization of $3.04 billion, a PE ratio of 39.47 and a beta of 1.24. The stock has a 50 day moving average price of $18.25 and a 200-day moving average price of $17.14.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Thursday, August 3rd. The semiconductor company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.02. The company had revenue of $644.89 million for the quarter, compared to analyst estimates of $643.19 million. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.23 earnings per share. Equities research analysts expect that Vishay Intertechnology, Inc. will post $1.35 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 28th. Investors of record on Friday, September 15th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date was Thursday, September 14th. Vishay Intertechnology’s dividend payout ratio is currently 49.02%.

Vishay Intertechnology declared that its board has approved a share buyback program on Wednesday, August 2nd that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the semiconductor company to purchase up to 5.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

ILLEGAL ACTIVITY NOTICE: “Suntrust Banks Inc. Sells 5,774 Shares of Vishay Intertechnology, Inc. (VSH)” was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright and trademark law. The original version of this piece of content can be viewed at https://ledgergazette.com/2017/10/11/suntrust-banks-inc-sells-5774-shares-of-vishay-intertechnology-inc-vsh.html.

Several brokerages have weighed in on VSH. Zacks Investment Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective for the company in a report on Thursday, October 5th. BidaskClub raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $17.00 price target on shares of Vishay Intertechnology in a research note on Friday, July 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $19.50.

About Vishay Intertechnology

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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Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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