UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 56.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 185,058 shares of the semiconductor company's stock after selling 237,605 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.12% of Vishay Intertechnology worth $9,952,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Carolina Wealth Advisors LLC purchased a new stake in shares of Vishay Intertechnology in the second quarter valued at $32,000. ProShare Advisors LLC lifted its position in Vishay Intertechnology by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 23,569 shares of the semiconductor company's stock worth $342,000 after buying an additional 699 shares during the period. GAMMA Investing LLC boosted its stake in Vishay Intertechnology by 8.2% in the 2nd quarter. GAMMA Investing LLC now owns 9,261 shares of the semiconductor company's stock worth $498,000 after buying an additional 702 shares during the last quarter. Rakuten Securities Inc. acquired a new stake in Vishay Intertechnology in the 2nd quarter worth about $47,000. Finally, Allworth Financial LP purchased a new stake in Vishay Intertechnology in the 2nd quarter valued at about $54,000. Institutional investors and hedge funds own 93.66% of the company's stock.
Vishay Intertechnology Stock Up 0.2%
Shares of NYSE:VSH opened at $31.86 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.80. Vishay Intertechnology, Inc. has a 1 year low of $11.77 and a 1 year high of $69.47. The stock has a market capitalization of $4.89 billion, a P/E ratio of 167.69, a PEG ratio of 3.74 and a beta of 1.80. The stock has a 50-day simple moving average of $37.02 and a 200-day simple moving average of $34.55.
Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.15 by $0.04. The firm had revenue of $918.58 million for the quarter, compared to analyst estimates of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. Vishay Intertechnology's revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.07) earnings per share. Equities analysts forecast that Vishay Intertechnology, Inc. will post 0.85 earnings per share for the current year.
Vishay Intertechnology Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 10th. Vishay Intertechnology's dividend payout ratio (DPR) is currently 210.53%.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on VSH. Truist Financial started coverage on shares of Vishay Intertechnology in a research note on Thursday. They set a "buy" rating and a $42.00 price objective for the company. Wall Street Zen downgraded shares of Vishay Intertechnology from a "buy" rating to a "hold" rating in a report on Saturday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Vishay Intertechnology in a research note on Monday, August 24th. Bank of America lifted their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an "underperform" rating in a report on Thursday, May 14th. Finally, Raymond James Financial assumed coverage on shares of Vishay Intertechnology in a research note on Tuesday, August 4th. They set an "outperform" rating and a $40.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $35.00.
Read Our Latest Stock Report on VSH
Vishay Intertechnology Profile
(
Free Report)
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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