Bernzott Capital Advisors Has $6.08 Million Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Bernzott Capital Advisors grew its stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 5.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 382,257 shares of the semiconductor company's stock after purchasing an additional 18,628 shares during the period. Vishay Intertechnology comprises about 3.0% of Bernzott Capital Advisors' investment portfolio, making the stock its 16th biggest position. Bernzott Capital Advisors owned about 0.28% of Vishay Intertechnology worth $6,078,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Proficio Capital Partners LLC bought a new position in shares of Vishay Intertechnology during the 4th quarter worth about $568,000. PNC Financial Services Group Inc. lifted its holdings in Vishay Intertechnology by 3.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company's stock valued at $339,000 after purchasing an additional 714 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Vishay Intertechnology during the 4th quarter valued at about $1,082,000. Corient Private Wealth LLC bought a new position in Vishay Intertechnology during the 4th quarter valued at about $192,000. Finally, Cibc World Markets Corp bought a new position in Vishay Intertechnology during the 4th quarter valued at about $200,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Michael J. Cody bought 3,500 shares of the company's stock in a transaction on Wednesday, June 11th. The stock was bought at an average cost of $16.12 per share, with a total value of $56,420.00. Following the completion of the purchase, the director owned 60,169 shares in the company, valued at approximately $969,924.28. The trade was a 6.18% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Roy Shoshani bought 10,000 shares of the company's stock in a transaction on Tuesday, May 13th. The stock was bought at an average cost of $14.95 per share, with a total value of $149,500.00. Following the completion of the purchase, the executive vice president owned 106,550 shares of the company's stock, valued at approximately $1,592,922.50. The trade was a 10.36% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 16,750 shares of company stock valued at $253,568. Insiders own 8.32% of the company's stock.

Vishay Intertechnology Price Performance

VSH stock traded down $0.15 during trading on Friday, hitting $17.13. 194,335 shares of the stock traded hands, compared to its average volume of 1,864,002. Vishay Intertechnology, Inc. has a one year low of $10.35 and a one year high of $24.69. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of -34.98 and a beta of 1.12. The company has a 50 day simple moving average of $15.56 and a 200 day simple moving average of $15.62. The company has a current ratio of 2.80, a quick ratio of 1.79 and a debt-to-equity ratio of 0.49.

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

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 18th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend was Wednesday, June 18th. Vishay Intertechnology's dividend payout ratio is presently -81.63%.

Analysts Set New Price Targets

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

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.

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