Janus Henderson Group PLC boosted its stake in shares of Vishay Intertechnology (NYSE:VSH) by 3.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,485,016 shares of the semiconductor company’s stock after acquiring an additional 53,009 shares during the quarter. Janus Henderson Group PLC owned 1.01% of Vishay Intertechnology worth $27,918,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in VSH. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Vishay Intertechnology by 9.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,800 shares of the semiconductor company’s stock worth $113,000 after acquiring an additional 600 shares in the last quarter. Riverhead Capital Management LLC raised its stake in Vishay Intertechnology by 65.1% during the second quarter. Riverhead Capital Management LLC now owns 8,090 shares of the semiconductor company’s stock worth $134,000 after acquiring an additional 3,190 shares in the last quarter. Shelton Capital Management acquired a new position in Vishay Intertechnology during the second quarter worth $169,000. Oakbrook Investments LLC acquired a new position in Vishay Intertechnology during the third quarter worth $192,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in Vishay Intertechnology during the second quarter worth $201,000.
Several research analysts have issued reports on VSH shares. Stifel Nicolaus increased their price objective on Vishay Intertechnology from $18.00 to $20.00 and gave the stock a “hold” rating in a research note on Friday, October 27th. Zacks Investment Research lowered Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Thursday, December 28th. Finally, Citigroup raised their target price on Vishay Intertechnology from $16.00 to $19.00 and gave the company a “sell” rating in a research note on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $20.33.
In related news, CEO Gerald Paul sold 50,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $21.37, for a total value of $1,068,500.00. Following the transaction, the chief executive officer now owns 162,986 shares in the company, valued at $3,483,010.82. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Abraham Ludomirski sold 20,000 shares of the firm’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $21.79, for a total value of $435,800.00. Following the completion of the transaction, the director now owns 86,232 shares in the company, valued at approximately $1,878,995.28. The disclosure for this sale can be found here. Company insiders own 7.91% of the company’s stock.
Shares of Vishay Intertechnology (VSH) traded up $0.05 during trading hours on Friday, hitting $21.90. The stock had a trading volume of 958,735 shares, compared to its average volume of 1,157,578. Vishay Intertechnology has a 52 week low of $15.35 and a 52 week high of $23.45. The firm has a market capitalization of $3,150.00, a price-to-earnings ratio of 32.21, a PEG ratio of 0.68 and a beta of 1.20. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.44 and a current ratio of 4.33.
Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Thursday, October 26th. The semiconductor company reported $0.42 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.05. Vishay Intertechnology had a return on equity of 11.77% and a net margin of 4.34%. The company had revenue of $677.90 million during the quarter, compared to analyst estimates of $660.32 million. During the same period last year, the company posted $0.25 earnings per share. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. analysts predict that Vishay Intertechnology will post 1.41 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th were paid a $0.0675 dividend. The ex-dividend date of this dividend was Wednesday, December 6th. This is a positive change from Vishay Intertechnology’s previous quarterly dividend of $0.06. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.23%. Vishay Intertechnology’s dividend payout ratio (DPR) is 39.71%.
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Vishay Intertechnology Company 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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