Woodline Partners LP Raises Holdings in Vishay Intertechnology, Inc. $VSH

Key Points

• Woodline Partners LP has increased its holdings in Vishay Intertechnology, Inc. by 142.4% in the first quarter, owning approximately 3.17% of the company, valued at $68.2 million.
• Vishay Intertechnology reported a $0.07 loss per share in its latest earnings report, missing the consensus estimate, although revenue was up 2.8% year-over-year.
• The company declared a quarterly dividend of $0.10 per share, with the dividend yield standing at 2.6% and an expected payout ratio of -61.54%.

Woodline Partners LP grew its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 142.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,292,204 shares of the semiconductor company's stock after purchasing an additional 2,521,413 shares during the period. Woodline Partners LP owned approximately 3.17% of Vishay Intertechnology worth $68,246,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in Vishay Intertechnology by 602.1% during the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock worth $43,000 after purchasing an additional 2,312 shares during the period. Larson Financial Group LLC grew its holdings in shares of Vishay Intertechnology by 27,083.3% in 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 during the period. CWM LLC grew its holdings in shares of Vishay Intertechnology by 76.0% in the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock worth $55,000 after acquiring an additional 1,500 shares during the period. Summit Securities Group LLC acquired a new stake in shares of Vishay Intertechnology in the 1st quarter worth approximately $126,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Vishay Intertechnology in the 1st quarter worth approximately $126,000. Institutional investors and hedge funds own 93.66% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Wall Street Zen upgraded Vishay Intertechnology from a "sell" rating to a "hold" rating in a report on Saturday. Zacks Research upgraded Vishay Intertechnology from a "strong sell" rating to a "hold" rating in a report on Monday, September 8th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Vishay Intertechnology presently has an average rating of "Hold" and a consensus target price of $19.00.

Vishay Intertechnology Price Performance

VSH stock traded down $0.24 on Friday, reaching $15.27. The company had a trading volume of 1,249,294 shares, compared to its average volume of 1,123,852. 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 quick ratio of 1.64 and a current ratio of 2.70. The company's fifty day moving average is $15.94 and its 200 day moving average is $15.15. The company has a market cap of $2.07 billion, a P/E ratio of -23.48 and a beta of 1.15.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share (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 company had revenue of $762.25 million during the quarter, compared to analysts' expectations of $756.07 million. During the same period 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. On average, research analysts forecast that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors 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 yield of 2.6%. Vishay Intertechnology's dividend payout ratio is presently -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.