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

Key Points

• Bernzott Capital Advisors increased its stake in Vishay Intertechnology by 20.6%, now holding 461,108 shares, making it the 7th largest position in their portfolio.
• Vishay Intertechnology reported a loss of ($0.07) earnings per share for the last quarter, missing estimates by ($0.09), although revenue increased by 2.8% year-over-year.
• The company recently declared a quarterly dividend of $0.10 per share, with a dividend yield of 2.4%, despite having a negative dividend payout ratio of -61.54%.

Bernzott Capital Advisors raised its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 20.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 461,108 shares of the semiconductor company's stock after purchasing an additional 78,851 shares during the quarter. Vishay Intertechnology accounts for approximately 3.7% of Bernzott Capital Advisors' portfolio, making the stock its 7th largest position. Bernzott Capital Advisors owned about 0.34% of Vishay Intertechnology worth $7,322,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. GAMMA Investing LLC lifted its position in 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 acquiring an additional 2,312 shares in the last quarter. Larson Financial Group LLC lifted its holdings in shares of Vishay Intertechnology by 27,083.3% in the first quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company's stock valued at $52,000 after purchasing an additional 3,250 shares in the last quarter. CWM LLC boosted its position in shares of 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 buying an additional 1,500 shares during the last quarter. Summit Securities Group LLC purchased a new position in shares of Vishay Intertechnology during the first quarter valued at approximately $126,000. Finally, Banque Transatlantique SA bought a new stake in Vishay Intertechnology during the first quarter worth $126,000. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Trading Down 3.6%

Shares of Vishay Intertechnology stock opened at $16.60 on Thursday. The firm has a market cap of $2.25 billion, a PE ratio of -25.53 and a beta of 1.15. Vishay Intertechnology, Inc. has a 1 year low of $10.35 and a 1 year high of $20.15. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.64. The stock has a fifty day moving average price of $15.53 and a 200-day moving average price of $15.01.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $762.25 million for the quarter, compared to the consensus estimate of $756.07 million. During the same quarter in the previous year, the company posted $0.17 EPS. Vishay Intertechnology's quarterly revenue was up 2.8% compared to the same quarter last year. Equities research analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th were paid a dividend of $0.10 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.40 annualized dividend and a dividend yield of 2.4%. Vishay Intertechnology's dividend payout ratio (DPR) is presently -61.54%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on VSH shares. Zacks Research upgraded Vishay Intertechnology from a "strong sell" rating to a "hold" rating in a research note on Monday, September 8th. Weiss Ratings reissued a "sell (d)" rating on shares of Vishay Intertechnology in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Reduce" and a consensus price target of $19.00.

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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