Cambiar Investors LLC Sells 343,945 Shares of Vishay Intertechnology, Inc. (NYSE: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 lowered 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 & Exchange Commission. The firm 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 filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of VSH. GAMMA Investing LLC grew its position in shares of Vishay Intertechnology by 602.1% during the first quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock worth $43,000 after purchasing an additional 2,312 shares in the last quarter. Larson Financial Group LLC raised its holdings in 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 worth $52,000 after purchasing an additional 3,250 shares during the period. CWM LLC raised its holdings in shares of Vishay Intertechnology by 76.0% during the first quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock valued at $55,000 after acquiring an additional 1,500 shares during the last quarter. Sterling Capital Management LLC grew its position in shares of Vishay Intertechnology by 819.2% in the fourth quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock valued at $67,000 after purchasing an additional 3,547 shares in the last quarter. Finally, State of Wyoming boosted its position in shares of Vishay Intertechnology by 234.2% during the fourth quarter. State of Wyoming now owns 8,893 shares of the semiconductor company's stock worth $151,000 after buying an additional 6,232 shares during the period. 93.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Sunday.

Insiders Place Their Bets

In other news, Director Michael J. Cody bought 3,500 shares of the stock in a transaction dated Wednesday, June 11th. The stock was bought at an average price 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 approximately $969,924.28. This trade represents a 6.18% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 8.32% of the company's stock.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $14.85 on Friday. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of -22.85 and a beta of 1.13. 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 fifty day simple moving average of $16.20 and a 200 day simple moving average of $15.51. 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 issued its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.09). The firm had revenue of $762.25 million during the quarter, compared to analyst estimates of $756.07 million. Vishay Intertechnology had a negative net margin of 3.00% and a negative return on equity of 0.10%. Vishay Intertechnology's quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.17 earnings per share. Research analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be issued 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 2.7%. Vishay Intertechnology's dividend payout ratio is presently -61.54%.

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.

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