Caxton Associates LLP Makes New Investment in Vishay Intertechnology, Inc. $VSH

Key Points

• Caxton Associates LLP has acquired a new stake in Vishay Intertechnology, Inc., purchasing 36,309 shares valued at approximately $577,000.
• Multiple hedge funds, including GAMMA Investing LLC and Larson Financial Group LLC, significantly increased their positions in Vishay, reflecting growing institutional interest.
• Vishay recently announced a quarterly dividend of $0.10 per share, with a dividend yield of 2.6%, despite reporting a loss of $0.07 per share in its latest earnings.

Caxton Associates LLP acquired a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,309 shares of the semiconductor company's stock, valued at approximately $577,000.

Several other institutional investors have also recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in shares of Vishay Intertechnology by 602.1% in the first quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock valued at $43,000 after purchasing an additional 2,312 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Vishay Intertechnology by 27,083.3% in the first quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company's stock valued at $52,000 after purchasing an additional 3,250 shares during the last quarter. CWM LLC raised its holdings in shares of Vishay Intertechnology by 76.0% in the first quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock valued at $55,000 after purchasing an additional 1,500 shares during the last quarter. Summit Securities Group LLC purchased a new stake in shares of Vishay Intertechnology in the first quarter valued at about $126,000. Finally, Banque Transatlantique SA purchased a new stake in shares of Vishay Intertechnology in the first quarter valued at about $126,000. Institutional investors and hedge funds own 93.66% of the company's stock.

Vishay Intertechnology Stock Performance

VSH traded down $0.17 during trading on Monday, hitting $15.09. 990,059 shares of the company traded hands, compared to its average volume of 1,903,126. The firm has a market cap of $2.05 billion, a P/E ratio of -23.21 and a beta of 1.15. The stock's fifty day moving average is $15.94 and its 200 day moving average is $15.14. The company has a quick ratio of 1.64, a current ratio of 2.70 and a debt-to-equity ratio of 0.44. Vishay Intertechnology, Inc. has a one year low of $10.35 and a one year high of $20.15.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.09). The business 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%.Vishay Intertechnology's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 EPS. As a group, equities analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced 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. This represents a $0.40 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Thursday, September 11th. Vishay Intertechnology's dividend payout ratio (DPR) is currently -61.54%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on VSH. Wall Street Zen upgraded shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a report on Saturday. Zacks Research upgraded shares of Vishay Intertechnology from a "strong sell" rating to a "hold" rating in a report on Monday, September 8th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $19.00.

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.