Andar Capital Management HK Ltd Purchases Shares of 160,000 Vishay Intertechnology, Inc. $VSH

Andar Capital Management HK Ltd purchased a new position in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 160,000 shares of the semiconductor company's stock, valued at approximately $8,605,000. Vishay Intertechnology comprises approximately 3.9% of Andar Capital Management HK Ltd's holdings, making the stock its 9th largest position. Andar Capital Management HK Ltd owned 0.12% of Vishay Intertechnology at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VSH. Royal Bank of Canada grew its holdings in shares of Vishay Intertechnology by 26.6% during the first quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company's stock valued at $1,142,000 after buying an additional 15,079 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Vishay Intertechnology by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,123 shares of the semiconductor company's stock worth $1,179,000 after acquiring an additional 2,250 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Vishay Intertechnology by 5.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 250,154 shares of the semiconductor company's stock worth $3,977,000 after acquiring an additional 12,547 shares during the period. AXA S.A. lifted its position in Vishay Intertechnology by 13.5% during the 2nd quarter. AXA S.A. now owns 176,254 shares of the semiconductor company's stock worth $2,799,000 after acquiring an additional 20,950 shares during the period. Finally, Quantinno Capital Management LP grew its stake in Vishay Intertechnology by 132.4% during the 2nd quarter. Quantinno Capital Management LP now owns 52,791 shares of the semiconductor company's stock valued at $838,000 after purchasing an additional 30,075 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on VSH shares. Bank of America increased their price objective on Vishay Intertechnology from $18.00 to $28.00 and gave the company an "underperform" rating in a report on Thursday, May 14th. Raymond James Financial began coverage on Vishay Intertechnology in a research report on Tuesday, August 4th. They issued an "outperform" rating and a $40.00 target price on the stock. Needham & Company LLC started coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They issued a "buy" rating and a $45.00 price target on the stock. Wall Street Zen raised shares of Vishay Intertechnology from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Finally, Zacks Research cut shares of Vishay Intertechnology from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $33.25.

Vishay Intertechnology Trading Down 0.1%

Shares of Vishay Intertechnology stock opened at $35.03 on Monday. The firm has a 50-day simple moving average of $45.50 and a two-hundred day simple moving average of $33.31. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.80. Vishay Intertechnology, Inc. has a fifty-two week low of $11.77 and a fifty-two week high of $69.47. The company has a market cap of $5.37 billion, a P/E ratio of 184.38 and a beta of 1.81.

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

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.1%. Vishay Intertechnology's payout ratio is currently 210.53%.

About Vishay Intertechnology

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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