Bank of New York Mellon Corp Has $21.56 Million Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Bank of New York Mellon Corp lessened its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 20.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,356,028 shares of the semiconductor company's stock after selling 348,548 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.00% of Vishay Intertechnology worth $21,561,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of VSH. Norges Bank acquired a new stake in shares of Vishay Intertechnology during the 4th quarter valued at about $143,719,000. Hood River Capital Management LLC acquired a new stake in shares of Vishay Intertechnology during the 4th quarter valued at about $53,860,000. First Trust Advisors LP lifted its holdings in shares of Vishay Intertechnology by 34.5% during the 4th quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock valued at $86,011,000 after buying an additional 1,301,383 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Vishay Intertechnology by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock valued at $281,652,000 after buying an additional 1,224,112 shares during the last quarter. Finally, Woodline Partners LP lifted its holdings in shares of Vishay Intertechnology by 148.5% during the 4th quarter. Woodline Partners LP now owns 1,770,791 shares of the semiconductor company's stock valued at $29,997,000 after buying an additional 1,058,173 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company's stock.

Insider Buying and Selling

In other Vishay Intertechnology news, Director Michael J. Cody purchased 3,500 shares of the business's stock in a transaction dated Wednesday, June 11th. The stock was bought at an average cost of $16.12 per share, for a total transaction of $56,420.00. Following the completion of the acquisition, the director directly owned 60,169 shares in the company, valued at $969,924.28. This represents a 6.18% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David Mcconnell purchased 2,000 shares of the business's stock in a transaction dated Monday, May 12th. The shares were acquired at an average price of $14.69 per share, with a total value of $29,380.00. Following the completion of the acquisition, the chief financial officer 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. In the last ninety days, insiders purchased 16,750 shares of company stock worth $253,568. 8.32% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

Vishay Intertechnology Stock Up 1.1%

Shares of Vishay Intertechnology stock traded up $0.20 during trading on Monday, hitting $17.44. 1,060,764 shares of the stock traded hands, compared to its average volume of 1,869,406. The company has a fifty day moving average price of $15.65 and a two-hundred day moving average price of $15.60. Vishay Intertechnology, Inc. has a twelve month low of $10.35 and a twelve month high of $24.69. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.79 and a current ratio of 2.80. The stock has a market cap of $2.36 billion, a P/E ratio of -35.58 and a beta of 1.12.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share for the quarter, hitting the consensus estimate of ($0.03). Vishay Intertechnology had a positive return on equity of 1.46% and a negative net margin of 2.28%. The firm had revenue of $715.24 million during the quarter, compared to analyst estimates of $713.50 million. During the same period in the previous year, the company earned $0.22 EPS. The company's revenue for the quarter was down 4.2% on a year-over-year basis. Equities research analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 18th were issued a $0.10 dividend. The ex-dividend date was Wednesday, June 18th. This represents a $0.40 annualized dividend and a yield of 2.29%. Vishay Intertechnology's dividend payout ratio (DPR) is currently -81.63%.

Vishay Intertechnology Company 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.