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

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. QRG Capital Management Inc. raised its stake in Vishay Intertechnology by 79.3% in the first quarter. QRG Capital Management Inc. now owns 25,399 shares of the semiconductor company's stock valued at $404,000 after buying an additional 11,236 shares during the period. Jefferies Financial Group Inc. raised its stake in Vishay Intertechnology by 336.5% in the 1st quarter. Jefferies Financial Group Inc. now owns 44,530 shares of the semiconductor company's stock valued at $708,000 after acquiring an additional 34,329 shares during the period. GAMMA Investing LLC lifted its holdings in Vishay Intertechnology by 11,063.0% during the 1st quarter. GAMMA Investing LLC now owns 42,866 shares of the semiconductor company's stock valued at $682,000 after purchasing an additional 42,482 shares during the last quarter. New York State Teachers Retirement System lifted its holdings in Vishay Intertechnology by 1.2% during the 1st quarter. New York State Teachers Retirement System now owns 162,070 shares of the semiconductor company's stock valued at $2,577,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Twelve Points Wealth Management LLC boosted its position in Vishay Intertechnology by 16.6% during the first quarter. Twelve Points Wealth Management LLC now owns 123,144 shares of the semiconductor company's stock worth $1,958,000 after purchasing an additional 17,521 shares during the period. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Price Performance

NYSE:VSH traded up $0.19 during trading hours on Wednesday, hitting $15.39. The company's stock had a trading volume of 108,826 shares, compared to its average volume of 1,886,699. Vishay Intertechnology, Inc. has a twelve month low of $10.35 and a twelve month high of $20.15. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.64. The stock has a fifty day simple moving average of $15.87 and a 200-day simple moving average of $15.13. The company has a market capitalization of $2.09 billion, a P/E ratio of -23.74 and a beta of 1.15.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly 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 company 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%. The company's revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.17 earnings per share. On average, analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders 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 dividend yield of 2.6%. Vishay Intertechnology's dividend payout ratio is -61.54%.

Analysts Set New Price Targets

VSH has been the topic of several research analyst reports. Wall Street Zen raised shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Saturday. Zacks Research upgraded shares of Vishay Intertechnology from a "strong sell" rating to a "hold" rating in a research note on Monday, September 8th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus 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.