XTX Topco Ltd Purchases New Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Key Points

• XTX Topco Ltd has made a new investment of $375,000 in Vishay Intertechnology, Inc., acquiring 23,572 shares of the semiconductor company in the first quarter.
• Various institutional investors, including Hood River Capital Management LLC and First Trust Advisors LP, have significantly increased their stakes in Vishay Intertechnology, raising the total institutional ownership to 93.66%.
• Vishay Intertechnology recently reported a quarterly loss of (0.07) EPS, missing analysts' estimates, and announced a quarterly dividend of $0.10 per share, with a dividend yield of 2.7%.

XTX Topco Ltd purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 23,572 shares of the semiconductor company's stock, valued at approximately $375,000.

Several other large investors have also recently added to or reduced their stakes in VSH. Kovack Advisors Inc. lifted its stake in Vishay Intertechnology by 13.8% during the first quarter. Kovack Advisors Inc. now owns 105,100 shares of the semiconductor company's stock worth $1,671,000 after purchasing an additional 12,750 shares during the last quarter. Legato Capital Management LLC boosted its position in Vishay Intertechnology by 9.7% during the 1st quarter. Legato Capital Management LLC now owns 80,995 shares of the semiconductor company's stock valued at $1,288,000 after purchasing an additional 7,141 shares during the period. Allianz Asset Management GmbH boosted its position in Vishay Intertechnology by 36.5% during the 1st quarter. Allianz Asset Management GmbH now owns 883,132 shares of the semiconductor company's stock valued at $14,042,000 after purchasing an additional 236,077 shares during the period. Bernzott Capital Advisors boosted its position in Vishay Intertechnology by 5.1% during the 1st quarter. Bernzott Capital Advisors now owns 382,257 shares of the semiconductor company's stock valued at $6,078,000 after purchasing an additional 18,628 shares during the period. Finally, Verdence Capital Advisors LLC acquired a new position in Vishay Intertechnology during the 1st quarter valued at approximately $499,000. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Stock Performance

NYSE:VSH traded up $0.78 during midday trading on Tuesday, reaching $14.75. 2,390,844 shares of the company traded hands, compared to its average volume of 2,005,750. 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, Inc. has a twelve month low of $10.35 and a twelve month high of $20.91. The company has a fifty day moving average price of $16.18 and a 200 day moving average price of $15.54. The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of -22.69 and a beta of 1.13.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last announced its quarterly 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 return on equity of 0.10% and a negative net margin of 3.00%. The business had revenue of $762.25 million for the quarter, compared to analyst estimates of $756.07 million. During the same quarter last year, the firm posted $0.17 EPS. The company's revenue was up 2.8% compared to the same quarter last year. On average, analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 18th were issued a $0.10 dividend. The ex-dividend date was Wednesday, June 18th. This represents a $0.40 annualized dividend and a dividend yield of 2.7%. Vishay Intertechnology's dividend payout ratio is -61.54%.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Saturday.

Insider Buying and Selling at Vishay Intertechnology

In other news, Director Michael J. Cody acquired 3,500 shares of the business's stock in a transaction dated Wednesday, June 11th. The stock was acquired at an average price of $16.12 per share, for a total transaction of $56,420.00. Following the completion of the acquisition, the director directly owned 60,169 shares in the company, valued at $969,924.28. This represents a 6.18% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 8.32% of the stock is currently owned by company insiders.

About Vishay Intertechnology

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.