Van Lanschot Kempen Investment Management N.V. Lowers Stock Position in Vishay Intertechnology, Inc. $VSH

Key Points

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Van Lanschot Kempen Investment Management N.V. lowered its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 12.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,168,161 shares of the semiconductor company's stock after selling 295,173 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned about 1.60% of Vishay Intertechnology worth $34,474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in shares of Vishay Intertechnology by 602.1% during the first 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 during the last quarter. Larson Financial Group LLC raised its stake in shares of Vishay Intertechnology by 27,083.3% during the 1st quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company's stock worth $52,000 after acquiring an additional 3,250 shares in the last quarter. CWM LLC lifted its position in 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 last quarter. Sterling Capital Management LLC boosted its stake in Vishay Intertechnology by 819.2% in the fourth 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 in the last quarter. Finally, Summit Securities Group LLC acquired a new stake in Vishay Intertechnology in the first quarter valued at approximately $126,000. 93.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Director Michael J. Cody purchased 3,500 shares of the stock in a transaction on Wednesday, June 11th. The shares were bought at an average cost of $16.12 per share, with a total value of $56,420.00. Following the completion of the acquisition, the director owned 60,169 shares in the company, valued at $969,924.28. This trade represents a 6.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 8.32% of the stock is owned by corporate insiders.

Vishay Intertechnology Stock Performance

Shares of NYSE:VSH traded up $1.0050 during trading on Friday, hitting $15.5450. The stock had a trading volume of 2,066,274 shares, compared to its average volume of 2,073,003. The company has a quick ratio of 1.64, a current ratio of 2.70 and a debt-to-equity ratio of 0.44. Vishay Intertechnology, Inc. has a 12-month low of $10.35 and a 12-month high of $20.91. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of -23.92 and a beta of 1.13. The stock has a 50-day simple moving average of $16.12 and a two-hundred day simple moving average of $15.44.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $762.25 million during the quarter, compared to analysts' expectations of $756.07 million. During the same quarter in the prior year, the company earned $0.17 EPS. Vishay Intertechnology's quarterly revenue was up 2.8% on a year-over-year basis. On average, equities research analysts expect that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 11th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, September 11th. Vishay Intertechnology's dividend payout ratio (DPR) 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.