Dimensional Fund Advisors LP Lowers Stock Holdings in Vishay Intertechnology, Inc. $VSH

Key Points

• Dimensional Fund Advisors LP reduced its stake in Vishay Intertechnology by 7.1%, owning approximately 5.64% of the company valued at $121.5 million after selling over 582,000 shares.
• Multiple institutional investors, including QRG Capital Management and Jefferies Financial Group, reported significant increases in their holdings, while the overall institutional ownership reaches 93.66%.
• Vishay Intertechnology announced a quarterly dividend of $0.10 per share, with an annual yield of 2.8%, despite reporting a net loss of $0.07 per share in its latest earnings.

Dimensional Fund Advisors LP lowered its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 7.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,643,262 shares of the semiconductor company's stock after selling 582,304 shares during the quarter. Dimensional Fund Advisors LP owned about 5.64% of Vishay Intertechnology worth $121,528,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC increased 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 period. Larson Financial Group LLC lifted its holdings in shares of 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 valued at $52,000 after buying an additional 3,250 shares during the period. CWM LLC lifted its holdings in shares of Vishay Intertechnology by 76.0% in the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock valued at $55,000 after buying an additional 1,500 shares during the period. Sterling Capital Management LLC lifted its holdings in shares of Vishay Intertechnology by 819.2% in the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock valued at $67,000 after buying an additional 3,547 shares during the period. Finally, State of Wyoming lifted its holdings in shares of Vishay Intertechnology by 234.2% in the 4th quarter. State of Wyoming now owns 8,893 shares of the semiconductor company's stock valued at $151,000 after buying an additional 6,232 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Vishay Intertechnology from a "hold" rating to a "sell" rating in a report on Sunday, August 17th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $19.00.

Insiders Place Their Bets

In other Vishay Intertechnology news, Director Michael J. Cody acquired 3,500 shares of the stock in a transaction that occurred on Wednesday, June 11th. The stock was bought at an average cost of $16.12 per share, for a total transaction of $56,420.00. Following the completion of the transaction, the director 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 8.32% of the company's stock.

Vishay Intertechnology Price Performance

Shares of NYSE:VSH traded up $1.0050 during midday trading on Friday, hitting $15.5450. The company had a trading volume of 2,066,274 shares, compared to its average volume of 2,099,611. Vishay Intertechnology, Inc. has a twelve month low of $10.35 and a twelve month high of $20.91. 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 market cap of $2.11 billion, a price-to-earnings ratio of -23.92 and a beta of 1.13. The business's 50-day simple moving average is $16.12 and its 200-day simple moving average is $15.44.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly 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). Vishay Intertechnology had a negative net margin of 3.00% and a negative return on equity of 0.10%. The company had revenue of $762.25 million during the quarter, compared to analyst estimates of $756.07 million. During the same period in the prior year, the business posted $0.17 EPS. Vishay Intertechnology's revenue for the quarter was up 2.8% compared to the same quarter last year. On average, research analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

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

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.