17,224 Shares in Vishay Intertechnology, Inc. (NYSE:VSH) Acquired by Natixis Advisors LLC

Key Points

• Natixis Advisors LLC has acquired a new stake in Vishay Intertechnology, Inc., purchasing 17,224 shares valued at approximately $274,000.
• Vishay Intertechnology's stock recently saw an increase of 5.6% and reported quarterly earnings with a negative earnings per share of ($0.07), missing analyst expectations.
• The firm declared a quarterly dividend of $0.10 per share, representing a 2.7% yield for investors.

Natixis Advisors LLC purchased a new stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 17,224 shares of the semiconductor company's stock, valued at approximately $274,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Coldstream Capital Management Inc. grew its position in shares of Vishay Intertechnology by 6.4% in the 4th quarter. Coldstream Capital Management Inc. now owns 11,090 shares of the semiconductor company's stock worth $188,000 after acquiring an additional 663 shares in the last quarter. CWM LLC boosted its holdings in shares of Vishay Intertechnology by 76.0% during the first quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock valued at $55,000 after acquiring an additional 1,500 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Vishay Intertechnology by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 104,986 shares of the semiconductor company's stock worth $1,778,000 after acquiring an additional 1,767 shares during the last quarter. New York State Teachers Retirement System grew its position in Vishay Intertechnology by 1.2% in the 1st 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. Finally, Ellevest Inc. increased its position in Vishay Intertechnology by 15.9% in the 4th quarter. Ellevest Inc. now owns 14,897 shares of the semiconductor company's stock valued at $252,000 after acquiring an additional 2,046 shares during the period. 93.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded Vishay Intertechnology from a "hold" rating to a "sell" rating in a research report on Sunday.

Insider Activity

In other news, Director Michael J. Cody bought 3,500 shares of the firm's stock in a transaction 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 acquisition, the director directly owned 60,169 shares in the company, valued at $969,924.28. This represents a 6.18% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 8.32% of the stock is owned by company insiders.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock traded down $0.47 during midday trading on Friday, hitting $14.85. The company's stock had a trading volume of 1,016,464 shares, compared to its average volume of 2,140,740. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $20.91. The company has a quick ratio of 1.64, a current ratio of 2.70 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $2.01 billion, a PE ratio of -22.85 and a beta of 1.13. The stock's 50-day moving average price is $16.20 and its 200-day moving average price is $15.51.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its 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). The business had revenue of $762.25 million for 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 firm's revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.17 earnings per share. Analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.7%. Vishay Intertechnology's payout ratio is -61.54%.

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.