Jefferies Financial Group Inc. Raises Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Key Points

• Jefferies Financial Group Inc. increased its stake in Vishay Intertechnology by 336.5%, holding 44,530 shares worth $708,000 at the end of the first quarter.
• Several other institutional investors also significantly raised their stakes, with GAMMA Investing LLC increasing by 602.1% and Larson Financial Group LLC by 27,083.3%.
• Vishay Intertechnology's stock recently received a downgrade from a "hold" to a "sell" rating, amidst a quarterly revenue decrease of 4.2% year-over-year.

Jefferies Financial Group Inc. boosted its stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 336.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,530 shares of the semiconductor company's stock after buying an additional 34,329 shares during the quarter. Jefferies Financial Group Inc.'s holdings in Vishay Intertechnology were worth $708,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in Vishay Intertechnology by 602.1% in the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock valued at $43,000 after buying an additional 2,312 shares in the last quarter. Larson Financial Group LLC lifted its stake in 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 in the last quarter. CWM LLC lifted its stake in 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 in the last quarter. Sterling Capital Management LLC lifted its stake in 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 in the last quarter. Finally, State of Wyoming raised its holdings in 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 acquiring an additional 6,232 shares during the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a report on Saturday, May 10th.

Vishay Intertechnology Stock Down 0.9%

VSH stock opened at $16.03 on Wednesday. The company has a market cap of $2.17 billion, a price-to-earnings ratio of -32.71 and a beta of 1.13. The company has a current ratio of 2.80, a quick ratio of 1.79 and a debt-to-equity ratio of 0.49. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $22.45. The firm has a 50-day moving average of $16.18 and a two-hundred day moving average of $15.63.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, meeting analysts' consensus estimates of ($0.03). The company had revenue of $715.24 million during the quarter, compared to the consensus estimate of $713.50 million. Vishay Intertechnology had a negative net margin of 2.28% and a positive return on equity of 1.46%. Vishay Intertechnology's quarterly revenue was down 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.22 EPS. As a group, analysts forecast that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 18th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.5%. Vishay Intertechnology's dividend payout ratio (DPR) is currently -81.63%.

Insider Transactions at Vishay Intertechnology

In other news, CFO David Mcconnell purchased 2,000 shares of the business's stock in a transaction dated Monday, May 12th. The stock was acquired at an average price of $14.69 per share, for a total transaction of $29,380.00. Following the acquisition, the chief financial officer directly owned 53,501 shares of the company's stock, valued at approximately $785,929.69. This represents a 3.88% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Roy Shoshani purchased 10,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were purchased at an average price of $14.95 per share, with a total value of $149,500.00. Following the acquisition, the executive vice president directly owned 106,550 shares in the company, valued at approximately $1,592,922.50. The trade was a 10.36% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 16,750 shares of company stock worth $253,568 in the last 90 days. Insiders own 8.32% of the company's stock.

Vishay Intertechnology Company 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.

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