Alps Advisors Inc. Boosts Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Alps Advisors Inc. grew its holdings in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 7.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 436,138 shares of the semiconductor company's stock after acquiring an additional 31,346 shares during the period. Alps Advisors Inc. owned about 0.32% of Vishay Intertechnology worth $6,935,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in VSH. Norges Bank acquired a new position in shares of Vishay Intertechnology in the 4th quarter valued at about $143,719,000. Hood River Capital Management LLC purchased a new position in Vishay Intertechnology during the fourth quarter valued at approximately $53,860,000. First Trust Advisors LP raised its position in Vishay Intertechnology by 34.5% during the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock valued at $86,011,000 after acquiring an additional 1,301,383 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Vishay Intertechnology by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock valued at $281,652,000 after acquiring an additional 1,224,112 shares during the period. Finally, Woodline Partners LP boosted its position in Vishay Intertechnology by 148.5% in the 4th quarter. Woodline Partners LP now owns 1,770,791 shares of the semiconductor company's stock worth $29,997,000 after purchasing an additional 1,058,173 shares in the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a report on Saturday, May 10th.

Insider Activity

In other Vishay Intertechnology news, EVP Roy Shoshani bought 10,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was acquired at an average price of $14.95 per share, with a total value of $149,500.00. Following the completion of the acquisition, the executive vice president directly owned 106,550 shares of the company's stock, valued at $1,592,922.50. This represents a 10.36% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO David Mcconnell bought 2,000 shares of Vishay Intertechnology stock in a transaction dated Monday, May 12th. The stock was acquired at an average price of $14.69 per share, with a total value of $29,380.00. Following the completion of the transaction, the chief financial officer directly owned 53,501 shares of the company's stock, valued at approximately $785,929.69. The trade was a 3.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 16,750 shares of company stock worth $253,568 over the last quarter. 8.32% of the stock is currently owned by corporate insiders.

Vishay Intertechnology Price Performance

Shares of VSH stock traded down $0.05 during trading hours on Friday, hitting $17.83. 1,000,891 shares of the company's stock were exchanged, compared to its average volume of 1,865,534. The firm has a 50 day moving average of $15.15 and a two-hundred day moving average of $15.62. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $24.69. The firm has a market cap of $2.42 billion, a P/E ratio of -36.39 and a beta of 1.12. The company has a quick ratio of 1.79, a current ratio of 2.80 and a debt-to-equity ratio of 0.49.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). Vishay Intertechnology had a negative net margin of 2.28% and a positive return on equity of 1.46%. The business had revenue of $715.24 million for the quarter, compared to the consensus estimate of $713.50 million. During the same period last year, the firm posted $0.22 earnings per share. The company's revenue was down 4.2% compared to the same quarter last year. Sell-side analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 18th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.24%. Vishay Intertechnology's payout ratio is currently -81.63%.

About Vishay Intertechnology

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.