LSV Asset Management Lowers Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

LSV Asset Management decreased its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 10.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,287,805 shares of the semiconductor company’s stock after selling 482,966 shares during the period. LSV Asset Management’s holdings in Vishay Intertechnology were worth $102,779,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC raised its position in shares of Vishay Intertechnology by 25.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 20,622 shares of the semiconductor company’s stock valued at $510,000 after buying an additional 4,154 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Vishay Intertechnology by 0.5% in the third quarter. Robeco Institutional Asset Management B.V. now owns 509,908 shares of the semiconductor company’s stock valued at $12,605,000 after acquiring an additional 2,732 shares during the last quarter. Strs Ohio increased its stake in Vishay Intertechnology by 5.2% in the third quarter. Strs Ohio now owns 46,800 shares of the semiconductor company’s stock valued at $1,156,000 after acquiring an additional 2,300 shares during the last quarter. Inspire Investing LLC increased its stake in Vishay Intertechnology by 18.2% in the third quarter. Inspire Investing LLC now owns 38,047 shares of the semiconductor company’s stock valued at $941,000 after acquiring an additional 5,861 shares during the last quarter. Finally, Assetmark Inc. increased its stake in Vishay Intertechnology by 1,356.5% in the third quarter. Assetmark Inc. now owns 85,656 shares of the semiconductor company’s stock valued at $2,117,000 after acquiring an additional 79,775 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Trading Up 0.8 %

Shares of NYSE:VSH traded up $0.18 on Friday, reaching $22.77. 916,853 shares of the company traded hands, compared to its average volume of 1,172,052. The business’s 50-day simple moving average is $22.20 and its 200 day simple moving average is $22.50. Vishay Intertechnology, Inc. has a 52 week low of $20.82 and a 52 week high of $30.10. The stock has a market capitalization of $3.13 billion, a P/E ratio of 9.86 and a beta of 1.21. The company has a current ratio of 3.32, a quick ratio of 2.38 and a debt-to-equity ratio of 0.37.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, February 7th. The semiconductor company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. Vishay Intertechnology had a return on equity of 15.72% and a net margin of 9.52%. The firm had revenue of $785.24 million for the quarter, compared to analysts’ expectations of $787.15 million. During the same period last year, the firm earned $0.69 earnings per share. The company’s revenue for the quarter was down 8.2% compared to the same quarter last year. As a group, equities analysts anticipate that Vishay Intertechnology, Inc. will post 1.1 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 14th were paid a dividend of $0.10 per share. The ex-dividend date was Wednesday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.76%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 17.32%.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus reissued a “buy” rating and issued a $25.00 target price on shares of Vishay Intertechnology in a research note on Wednesday, April 3rd.

Insider Transactions at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 26,154 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $22.83, for a total transaction of $597,095.82. Following the completion of the sale, the chairman now directly owns 73,678 shares in the company, valued at $1,682,068.74. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 8.14% of the stock is currently owned by company insiders.

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.