Deprince Race & Zollo Inc. Sells 1,449,418 Shares of Vishay Intertechnology, Inc. $VSH

Key Points

• Deprince Race & Zollo Inc. sold 1,449,418 shares of Vishay in Q4, trimming its stake by 33.1% to 2,933,990 shares (about 2.16% of the company) worth roughly $42.5 million, according to its SEC filing.
• Analysts are mixed: the stock has a consensus rating of 'Hold' with an average target of $18 (one Strong Buy, two Holds, two Sells), while recent notes ranged from Argus's "strong-buy" to Bank of America's "underperform" and JPMorgan's neutral call.
• Vishay trades near $22.50 with a $3.06B market cap, reported Q4 revenue up 12.1% year-over-year but missed EPS estimates, and pays a $0.10 quarterly dividend (annualized yield ~1.8%).

Deprince Race & Zollo Inc. reduced its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 33.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,933,990 shares of the semiconductor company's stock after selling 1,449,418 shares during the quarter. Deprince Race & Zollo Inc. owned about 2.16% of Vishay Intertechnology worth $42,514,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VSH. Jones Financial Companies Lllp increased its stake in Vishay Intertechnology by 709.5% during the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 1,575 shares during the last quarter. Quarry LP bought a new stake in Vishay Intertechnology during the third quarter worth approximately $39,000. GAMMA Investing LLC increased its stake in Vishay Intertechnology by 12.2% during the third quarter. GAMMA Investing LLC now owns 9,697 shares of the semiconductor company's stock worth $148,000 after acquiring an additional 1,052 shares during the last quarter. Hennion & Walsh Asset Management Inc. bought a new stake in Vishay Intertechnology during the third quarter worth approximately $171,000. Finally, Inscription Capital LLC bought a new stake in Vishay Intertechnology during the third quarter worth approximately $173,000. 93.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Argus raised Vishay Intertechnology to a "strong-buy" rating in a research note on Monday, February 9th. Weiss Ratings reissued a "sell (d)" rating on shares of Vishay Intertechnology in a research note on Wednesday, January 21st. Bank of America upped their target price on Vishay Intertechnology from $14.00 to $16.00 and gave the company an "underperform" rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. upped their target price on Vishay Intertechnology from $14.00 to $20.00 and gave the company a "neutral" rating in a research note on Thursday, February 5th. Finally, Zacks Research raised Vishay Intertechnology from a "strong sell" rating to a "hold" rating in a research note on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $18.00.

Vishay Intertechnology Trading Up 0.1%

VSH opened at $22.50 on Monday. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of -321.38 and a beta of 1.13. The stock's 50 day moving average price is $18.69 and its 200-day moving average price is $16.74. Vishay Intertechnology, Inc. has a one year low of $10.56 and a one year high of $22.57. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.02 by ($0.01). The business had revenue of $800.92 million for the quarter, compared to the consensus estimate of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The firm's revenue for the quarter was up 12.1% compared to the same quarter last year. On average, equities analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.8%. Vishay Intertechnology's dividend payout ratio is currently -571.43%.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company's portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay's components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.

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