Vanguard Group Inc. Sells 219,518 Shares of Vishay Intertechnology, Inc. $VSH

Key Points

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Vanguard Group Inc. decreased its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 1.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 16,406,912 shares of the semiconductor company's stock after selling 219,518 shares during the period. Vanguard Group Inc. owned 12.10% of Vishay Intertechnology worth $260,870,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Vishay Intertechnology in the first quarter worth $450,000. Jefferies Financial Group Inc. boosted its holdings in Vishay Intertechnology by 336.5% in the 1st quarter. Jefferies Financial Group Inc. now owns 44,530 shares of the semiconductor company's stock valued at $708,000 after purchasing an additional 34,329 shares during the period. Natixis Advisors LLC acquired a new stake in Vishay Intertechnology in the 1st quarter worth $274,000. XTX Topco Ltd bought a new position in shares of Vishay Intertechnology during the 1st quarter worth about $375,000. Finally, Kovack Advisors Inc. raised its position in shares of Vishay Intertechnology by 13.8% during the first quarter. Kovack Advisors Inc. now owns 105,100 shares of the semiconductor company's stock valued at $1,671,000 after buying an additional 12,750 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company's stock.

Vishay Intertechnology Price Performance

Shares of VSH traded up $0.95 on Friday, hitting $15.49. The company's stock had a trading volume of 1,255,663 shares, compared to its average volume of 1,970,154. The company has a market capitalization of $2.10 billion, a PE ratio of -23.83 and a beta of 1.13. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $20.91. The company has a 50 day moving average price of $16.11 and a 200 day moving average price of $15.46. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.64.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share 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 business had revenue of $762.25 million for the quarter, compared to analyst estimates of $756.07 million. During the same period in the prior year, the business earned $0.17 earnings per share. The company's revenue for the quarter was up 2.8% on a year-over-year basis. On average, research 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 declared a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th will be paid a $0.10 dividend. 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 2.6%. Vishay Intertechnology's dividend payout ratio is -61.54%.

Analysts Set New Price Targets

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

Insider Buying and Selling at Vishay Intertechnology

In other news, Director Michael J. Cody acquired 3,500 shares of Vishay Intertechnology stock in a transaction that occurred on Wednesday, June 11th. The shares were acquired at an average price of $16.12 per share, with a total value of $56,420.00. Following the purchase, the director directly owned 60,169 shares of the company's stock, valued at $969,924.28. The trade was a 6.18% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 8.32% of the stock is owned by corporate insiders.

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.