BlueCrest Capital Management Ltd acquired a new position in Vishay Intertechnology (NYSE:VSH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,124 shares of the semiconductor company’s stock, valued at approximately $293,000.
A number of other large investors have also modified their holdings of VSH. Renaissance Technologies LLC grew its holdings in Vishay Intertechnology by 175.1% in the fourth quarter. Renaissance Technologies LLC now owns 1,326,825 shares of the semiconductor company’s stock worth $27,532,000 after purchasing an additional 844,600 shares during the last quarter. Koch Industries Inc. purchased a new position in Vishay Intertechnology in the fourth quarter worth $249,000. Amundi Pioneer Asset Management Inc. purchased a new position in Vishay Intertechnology in the fourth quarter worth $3,352,000. AXA grew its holdings in Vishay Intertechnology by 25.9% in the fourth quarter. AXA now owns 567,890 shares of the semiconductor company’s stock worth $11,784,000 after purchasing an additional 116,800 shares during the last quarter. Finally, Kennedy Capital Management Inc. purchased a new position in Vishay Intertechnology in the fourth quarter worth $8,515,000.
Several research firms have issued reports on VSH. Zacks Investment Research raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a report on Tuesday, January 23rd. ValuEngine raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Tuesday, March 13th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $20.00 price target (down from $23.00) on shares of Vishay Intertechnology in a report on Wednesday, February 7th. Finally, TheStreet lowered shares of Vishay Intertechnology from an “a-” rating to a “c+” rating in a report on Tuesday, February 6th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $22.00.
Shares of Vishay Intertechnology stock opened at $19.65 on Monday. The firm has a market cap of $2,831.64, a price-to-earnings ratio of -89.31, a PEG ratio of 2.56 and a beta of 1.33. The company has a current ratio of 3.88, a quick ratio of 3.11 and a debt-to-equity ratio of 0.44. Vishay Intertechnology has a 1-year low of $15.40 and a 1-year high of $23.85.
Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Tuesday, February 6th. The semiconductor company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.02). The company had revenue of $674.50 million for the quarter, compared to analysts’ expectations of $677.51 million. Vishay Intertechnology had a negative net margin of 0.78% and a positive return on equity of 14.07%. Vishay Intertechnology’s quarterly revenue was up 18.2% compared to the same quarter last year. During the same period last year, the firm earned $0.18 earnings per share. analysts predict that Vishay Intertechnology will post 1.57 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Wednesday, March 14th will be issued a dividend of $0.0675 per share. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Tuesday, March 13th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -122.72%.
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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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