Cambiar Investors LLC Has $6.90 Million Stock Position in Vishay Intertechnology, Inc. $VSH

Key Points

• Cambiar Investors LLC has reduced its stake in Vishay Intertechnology by 44.2%, now holding 433,682 shares after selling 343,945 shares during the first quarter.
• Analysts at Wall Street Zen downgraded Vishay Intertechnology's rating from "hold" to "sell" in a recent research note.
• Vishay Intertechnology announced a quarterly dividend of $0.10 per share, with the payment scheduled for September 25th to shareholders of record on September 11th.

Cambiar Investors LLC lessened its stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 44.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 433,682 shares of the semiconductor company's stock after selling 343,945 shares during the quarter. Cambiar Investors LLC owned approximately 0.32% of Vishay Intertechnology worth $6,896,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in shares of Vishay Intertechnology by 602.1% in the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock valued at $43,000 after buying an additional 2,312 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of Vishay Intertechnology by 27,083.3% in the 1st quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company's stock valued at $52,000 after buying an additional 3,250 shares during the last quarter. CWM LLC boosted its holdings in shares of Vishay Intertechnology by 76.0% in the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock valued at $55,000 after buying an additional 1,500 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in shares of Vishay Intertechnology by 819.2% in the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock valued at $67,000 after buying an additional 3,547 shares during the last quarter. Finally, State of Wyoming boosted its holdings in shares of Vishay Intertechnology by 234.2% in the 4th quarter. State of Wyoming now owns 8,893 shares of the semiconductor company's stock valued at $151,000 after buying an additional 6,232 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company's stock.

Vishay Intertechnology Stock Performance

VSH stock traded up $0.9690 during trading hours on Friday, hitting $15.5090. 984,794 shares of the stock were exchanged, compared to its average volume of 1,968,550. The company has a current ratio of 2.70, a quick ratio of 1.64 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $2.10 billion, a P/E ratio of -23.86 and a beta of 1.13. The company has a 50-day simple moving average of $16.11 and a two-hundred day simple moving average of $15.46. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $20.91.

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

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.40 annualized dividend and a yield of 2.6%. Vishay Intertechnology's dividend payout ratio (DPR) is presently -61.54%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded Vishay Intertechnology from a "hold" rating to a "sell" rating in a report on Sunday, August 17th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $19.00.

Insiders Place Their Bets

In other news, Director Michael J. Cody acquired 3,500 shares of the stock in a transaction on Wednesday, June 11th. The shares were purchased at an average price of $16.12 per share, for a total transaction of $56,420.00. Following the transaction, the director directly owned 60,169 shares of the company's stock, valued at approximately $969,924.28. This represents a 6.18% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 8.32% of the stock is owned by insiders.

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.