Poplar Forest Capital LLC Sells 19,461 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Poplar Forest Capital LLC decreased its position in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 2.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 810,826 shares of the semiconductor company's stock after selling 19,461 shares during the quarter. Vishay Intertechnology comprises approximately 2.3% of Poplar Forest Capital LLC's investment portfolio, making the stock its 21st biggest position. Poplar Forest Capital LLC owned about 0.60% of Vishay Intertechnology worth $12,892,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in shares of 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 purchasing an additional 2,312 shares in the last quarter. Larson Financial Group LLC lifted its stake 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 acquiring an additional 3,250 shares during the last quarter. CWM LLC lifted its stake 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 acquiring an additional 1,500 shares during the last quarter. Sterling Capital Management LLC lifted its stake 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 acquiring an additional 3,547 shares during the last quarter. Finally, State of Wyoming lifted its stake 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 acquiring an additional 6,232 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company's stock.

Wall Street Analyst Weigh In

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

Vishay Intertechnology Stock Up 0.5%

VSH opened at $17.53 on Wednesday. The company has a fifty day moving average price of $15.75 and a 200-day moving average price of $15.62. The firm has a market capitalization of $2.38 billion, a P/E ratio of -35.78 and a beta of 1.12. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.80 and a quick ratio of 1.79. Vishay Intertechnology, Inc. has a one year low of $10.35 and a one year high of $24.69.

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

Vishay Intertechnology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 18th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date was Wednesday, June 18th. Vishay Intertechnology's dividend payout ratio (DPR) is presently -81.63%.

Insiders Place Their Bets

In related news, EVP Roy Shoshani acquired 10,000 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were bought at an average price of $14.95 per share, for a total transaction of $149,500.00. Following the completion of the transaction, the executive vice president directly owned 106,550 shares in the company, valued at approximately $1,592,922.50. This trade represents a 10.36% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael J. Cody purchased 3,500 shares of the firm's stock in a transaction on Wednesday, June 11th. The stock was acquired at an average price of $16.12 per share, for a total transaction of $56,420.00. Following the completion of the transaction, the director directly owned 60,169 shares of the company's stock, valued at approximately $969,924.28. This trade represents a 6.18% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 16,750 shares of company stock worth $253,568. 8.32% of the stock is currently owned by company insiders.

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.

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