Alan B Lancz & Associates Inc. Invests $271,000 in Vishay Intertechnology, Inc. $VSH

Key Points

• Alan B Lancz & Associates Inc. invested $271,000 in Vishay Intertechnology by acquiring 17,094 shares during the 2nd quarter of the year.
• Vishay Intertechnology reported a loss of $0.07 per share for the recent quarter, missing analyst expectations, but saw a 2.8% year-over-year revenue increase to $762.25 million.
• The company has declared a quarterly dividend of $0.10, indicating an annualized yield of 2.4%, despite a negative dividend payout ratio of -61.54%.

Alan B Lancz & Associates Inc. acquired a new position in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,094 shares of the semiconductor company's stock, valued at approximately $271,000.

Several other large investors also recently made changes to their positions in VSH. GAMMA Investing LLC boosted its stake in shares of Vishay Intertechnology by 602.1% in the first quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock valued at $43,000 after purchasing an additional 2,312 shares during the period. Larson Financial Group LLC boosted its stake in shares of Vishay Intertechnology by 27,083.3% in the first quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company's stock valued at $52,000 after purchasing an additional 3,250 shares during the period. CWM LLC boosted its stake in shares of Vishay Intertechnology by 76.0% in the first quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock valued at $55,000 after purchasing an additional 1,500 shares during the period. Summit Securities Group LLC purchased a new position in shares of Vishay Intertechnology in the first quarter valued at $126,000. Finally, Banque Transatlantique SA purchased a new position in shares of Vishay Intertechnology in the first quarter valued at $126,000. Institutional investors and hedge funds own 93.66% of the company's stock.

Vishay Intertechnology Trading Down 2.5%

NYSE VSH opened at $16.49 on Monday. The company's fifty day moving average price is $15.38 and its two-hundred day moving average price is $14.95. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.64. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $20.15. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of -25.37 and a beta of 1.15.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.09). Vishay Intertechnology had a negative return on equity of 0.10% and a negative net margin of 3.00%.The business had revenue of $762.25 million during the quarter, compared to the consensus estimate of $756.07 million. During the same quarter in the previous year, the business posted $0.17 earnings per share. The company's quarterly revenue was up 2.8% compared to the same quarter last year. As a group, research analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Thursday, September 11th. Vishay Intertechnology's dividend payout ratio (DPR) is presently -61.54%.

Analyst Ratings Changes

Several brokerages have recently weighed in on VSH. Weiss Ratings restated a "sell (d)" rating on shares of Vishay Intertechnology in a research note on Wednesday, October 8th. Zacks Research upgraded shares of Vishay Intertechnology from a "strong sell" rating to a "hold" rating in a research note on Monday, September 8th. Finally, Wall Street Zen upgraded shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and a consensus price target of $19.00.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.