Macquarie Group Ltd. lowered its stake in shares of Vishay Intertechnology (NYSE:VSH) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,867,006 shares of the semiconductor company’s stock after selling 19,963 shares during the period. Macquarie Group Ltd. owned about 2.63% of Vishay Intertechnology worth $80,241,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in VSH. Aperio Group LLC increased its stake in shares of Vishay Intertechnology by 17.7% during the third quarter. Aperio Group LLC now owns 56,790 shares of the semiconductor company’s stock worth $1,068,000 after purchasing an additional 8,520 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Vishay Intertechnology during the third quarter worth about $340,000. Bessemer Group Inc. purchased a new stake in shares of Vishay Intertechnology during the third quarter worth about $528,000. DekaBank Deutsche Girozentrale increased its stake in shares of Vishay Intertechnology by 47.9% during the third quarter. DekaBank Deutsche Girozentrale now owns 17,900 shares of the semiconductor company’s stock worth $310,000 after purchasing an additional 5,800 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Vishay Intertechnology by 5.1% during the third quarter. Bank of New York Mellon Corp now owns 3,904,686 shares of the semiconductor company’s stock worth $73,408,000 after purchasing an additional 191,178 shares in the last quarter.
VSH has been the subject of a number of research reports. Zacks Investment Research cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Thursday, December 28th. Stifel Nicolaus reaffirmed a “hold” rating and set a $20.00 price objective (down previously from $23.00) on shares of Vishay Intertechnology in a research note on Wednesday, February 7th. ValuEngine raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, TheStreet cut shares of Vishay Intertechnology from an “a-” rating to a “c+” rating in a research note on Tuesday, February 6th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. Vishay Intertechnology presently has a consensus rating of “Hold” and a consensus target price of $22.00.
Shares of Vishay Intertechnology (NYSE VSH) opened at $19.65 on Friday. Vishay Intertechnology has a one year low of $15.40 and a one year high of $23.85. The stock has a market cap of $2,774.00, a PE ratio of -89.31, a P/E/G ratio of 2.51 and a beta of 1.33. The company has a debt-to-equity ratio of 0.44, a quick ratio of 3.11 and a current ratio of 3.88.
Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Tuesday, February 6th. The semiconductor company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.02). Vishay Intertechnology had a negative net margin of 0.78% and a positive return on equity of 14.07%. The business had revenue of $674.50 million for the quarter, compared to analysts’ expectations of $677.51 million. During the same period in the prior year, the company posted $0.18 EPS. The firm’s revenue was up 18.2% on a year-over-year basis. equities analysts expect that Vishay Intertechnology will post 1.57 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Wednesday, March 14th will be paid a dividend of $0.0675 per share. The ex-dividend date is Tuesday, March 13th. This represents a $0.27 annualized dividend and a yield of 1.37%. Vishay Intertechnology’s dividend payout ratio is presently -122.72%.
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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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