Vishay Intertechnology, Inc. $VSH Shares Bought by Bernzott Capital Advisors

Key Points

• Bernzott Capital Advisors raised its stake in Vishay by 12.9% to 549,780 shares (about $7.97M), making VSH 3.8% of its portfolio and the fund's 5th-largest holding; institutional ownership of the stock is ~93.7%.
• Wall Street sentiment is mixed with a consensus rating of "Hold" and a $18 price target (one Strong Buy, two Hold, two Sell), while some firms like JPMorgan and Argus have recently raised targets/ratings.
• In the most recent quarter Vishay beat revenue estimates ($800.9M vs $790.5M, +12.1% YoY) but missed EPS ($0.01 vs $0.02 expected); the company has a $4.42B market cap, negative P/E, and pays a $0.10 quarterly dividend (~1.2% yield).

Bernzott Capital Advisors raised its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 12.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 549,780 shares of the semiconductor company's stock after purchasing an additional 62,753 shares during the quarter. Vishay Intertechnology accounts for 3.8% of Bernzott Capital Advisors' portfolio, making the stock its 5th largest position. Bernzott Capital Advisors owned approximately 0.41% of Vishay Intertechnology worth $7,966,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp increased its holdings in Vishay Intertechnology by 709.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company's stock worth $27,000 after buying an additional 1,575 shares during the period. Quarry LP acquired a new stake in Vishay Intertechnology during the 3rd quarter valued at approximately $39,000. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in Vishay Intertechnology during the 4th quarter valued at approximately $87,000. Hennion & Walsh Asset Management Inc. acquired a new stake in Vishay Intertechnology during the 3rd quarter valued at approximately $171,000. Finally, Inscription Capital LLC acquired a new stake in Vishay Intertechnology during the 3rd quarter valued at approximately $173,000. 93.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on VSH. Weiss Ratings restated a "sell (d)" rating on shares of Vishay Intertechnology in a research note on Wednesday, January 21st. JPMorgan Chase & Co. lifted their price objective on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the company a "neutral" rating in a research note on Thursday, February 5th. Bank of America lifted their price objective on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the company an "underperform" rating in a research note on Thursday, January 22nd. Argus upgraded shares of Vishay Intertechnology to a "strong-buy" rating in a research note on Monday, February 9th. Finally, Zacks Research upgraded shares of Vishay Intertechnology from a "strong sell" rating to a "hold" rating in a research note on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $18.00.

Vishay Intertechnology Stock Performance

Shares of VSH stock opened at $32.57 on Friday. The company has a market capitalization of $4.42 billion, a P/E ratio of -465.16 and a beta of 1.53. The business's 50 day moving average is $21.36 and its two-hundred day moving average is $18.14. The company has a current ratio of 2.62, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. Vishay Intertechnology, Inc. has a 12-month low of $11.77 and a 12-month high of $34.23.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.01). The business had revenue of $800.92 million for the quarter, compared to analysts' expectations of $790.47 million. Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The company's quarterly revenue was up 12.1% compared to the same quarter last year. Analysts expect that Vishay Intertechnology, Inc. will post 0.51 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 12th. Vishay Intertechnology's payout ratio is presently -571.43%.

Vishay Intertechnology Company Profile

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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