Charles Schwab Investment Management Inc. Buys 115,319 Shares of Vishay Intertechnology, Inc. $VSH

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Vishay Intertechnology, Inc. by 5.3%, holding approximately 2.28 million shares valued at around $36.3 million.
• Analysts downgraded Vishay Intertechnology from a "hold" to a "sell" rating, reflecting a cautious outlook.
• Vishay Intertechnology recently announced a quarterly dividend of $0.10 per share, with a yield of 2.7%, to be paid out on September 25th.

Charles Schwab Investment Management Inc. raised its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 5.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,284,565 shares of the semiconductor company's stock after buying an additional 115,319 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.69% of Vishay Intertechnology worth $36,325,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. First Trust Advisors LP raised its stake in Vishay Intertechnology by 34.5% during the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock valued at $86,011,000 after buying an additional 1,301,383 shares during the last quarter. QRG Capital Management Inc. raised its stake in shares of Vishay Intertechnology by 79.3% in the first quarter. QRG Capital Management Inc. now owns 25,399 shares of the semiconductor company's stock worth $404,000 after purchasing an additional 11,236 shares during the last quarter. Jefferies Financial Group Inc. raised its stake in shares of Vishay Intertechnology by 336.5% in the first quarter. Jefferies Financial Group Inc. now owns 44,530 shares of the semiconductor company's stock worth $708,000 after purchasing an additional 34,329 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Vishay Intertechnology by 11,063.0% in the first quarter. GAMMA Investing LLC now owns 42,866 shares of the semiconductor company's stock worth $682,000 after purchasing an additional 42,482 shares during the last quarter. Finally, New York State Teachers Retirement System raised its stake in shares of Vishay Intertechnology by 1.2% in the first quarter. New York State Teachers Retirement System now owns 162,070 shares of the semiconductor company's stock worth $2,577,000 after purchasing an additional 2,000 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company's stock.

Insider Activity at Vishay Intertechnology

In other news, Director Michael J. Cody acquired 3,500 shares of the business's stock in a transaction that occurred on Wednesday, June 11th. The stock was bought at an average price of $16.12 per share, with a total value of $56,420.00. Following the completion of the acquisition, the director directly owned 60,169 shares of the company's stock, valued at approximately $969,924.28. The trade was a 6.18% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 8.32% of the stock is owned by insiders.

Vishay Intertechnology Stock Performance

Shares of VSH traded up $1.0050 during trading hours on Friday, hitting $15.5450. The stock had a trading volume of 2,066,274 shares, compared to its average volume of 2,073,003. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.64. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $20.91. The firm has a market capitalization of $2.11 billion, a PE ratio of -23.92 and a beta of 1.13. The stock has a fifty day moving average price of $16.12 and a 200 day moving average price of $15.44.

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

Vishay Intertechnology Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

Vishay Intertechnology 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.