200,000 Shares in Vishay Intertechnology, Inc. $VSH Purchased by BlueCrest Capital Management Ltd

Key Points

• BlueCrest Capital Management purchased 200,000 Vishay Intertechnology shares in the second quarter, valued at approximately $10.8 million, giving it a 0.13% stake. Institutional investors collectively own 93.66% of VSH.
• Analyst sentiment remains generally positive, with an average “Moderate Buy” rating and a consensus price target of $35.00; Truist Financial and Raymond James issued buy/outperform ratings with targets of $42 and $40, respectively.
• Vishay exceeded quarterly expectations, reporting $0.19 in EPS versus $0.15 expected and revenue of $918.6 million. The company also declared a quarterly dividend of $0.10 per share, equivalent to a 1.3% yield.

BlueCrest Capital Management Ltd purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 200,000 shares of the semiconductor company's stock, valued at approximately $10,756,000. BlueCrest Capital Management Ltd owned approximately 0.13% of Vishay Intertechnology at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VSH. Hsbc Holdings PLC purchased a new stake in Vishay Intertechnology during the first quarter valued at $574,000. SummitTX Capital L.P. bought a new position in Vishay Intertechnology during the first quarter valued at $2,555,000. Dimensional Fund Advisors LP grew its stake in shares of Vishay Intertechnology by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,102,376 shares of the semiconductor company's stock worth $127,830,000 after buying an additional 208,472 shares in the last quarter. Edgestream Partners L.P. increased its holdings in shares of Vishay Intertechnology by 127.4% in the 1st quarter. Edgestream Partners L.P. now owns 316,191 shares of the semiconductor company's stock worth $5,691,000 after buying an additional 177,151 shares during the last quarter. Finally, Situational Awareness LP bought a new stake in shares of Vishay Intertechnology in the 2nd quarter worth about $20,168,000. Institutional investors own 93.66% of the company's stock.

Analyst Upgrades and Downgrades

VSH has been the subject of a number of analyst reports. Bank of America increased their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an "underperform" rating in a report on Thursday, May 14th. Wall Street Zen cut Vishay Intertechnology from a "buy" rating to a "hold" rating in a research note on Saturday, September 5th. Truist Financial assumed coverage on Vishay Intertechnology in a research report on Thursday, September 3rd. They set a "buy" rating and a $42.00 price objective on the stock. Raymond James Financial began coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They issued an "outperform" rating and a $40.00 price objective for the company. Finally, Zacks Research cut Vishay Intertechnology from a "strong-buy" rating to a "hold" rating in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $35.00.

Vishay Intertechnology Trading Up 0.7%

Shares of VSH opened at $31.70 on Thursday. The company's fifty day simple moving average is $35.69 and its 200-day simple moving average is $34.81. The company has a market cap of $4.86 billion, a P/E ratio of 166.86, a P/E/G ratio of 3.70 and a beta of 1.80. The company has a current ratio of 1.80, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08. Vishay Intertechnology, Inc. has a twelve month low of $11.77 and a twelve month high of $69.47.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.04. The business had revenue of $918.58 million during the quarter, compared to the consensus estimate of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The firm's quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.07) earnings per share. As a group, analysts expect that Vishay Intertechnology, Inc. will post 0.85 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 10th. Vishay Intertechnology's dividend payout ratio (DPR) is 210.53%.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company's portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay's components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.

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