Foundry Partners LLC Has $8.50 Million Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Foundry Partners LLC increased its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 5.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 381,166 shares of the semiconductor company’s stock after purchasing an additional 18,796 shares during the period. Foundry Partners LLC’s holdings in Vishay Intertechnology were worth $8,500,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Norges Bank bought a new stake in Vishay Intertechnology during the fourth quarter worth about $262,283,000. Mizuho Markets Americas LLC grew its stake in Vishay Intertechnology by 863.7% during the fourth quarter. Mizuho Markets Americas LLC now owns 944,408 shares of the semiconductor company’s stock worth $22,637,000 after buying an additional 846,408 shares during the last quarter. Vanguard Group Inc. grew its stake in Vishay Intertechnology by 5.0% during the first quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company’s stock worth $338,366,000 after buying an additional 714,275 shares during the last quarter. Wasatch Advisors LP grew its stake in Vishay Intertechnology by 33.8% during the fourth quarter. Wasatch Advisors LP now owns 1,858,012 shares of the semiconductor company’s stock worth $44,537,000 after buying an additional 468,854 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in Vishay Intertechnology by 23.9% during the fourth quarter. First Trust Advisors LP now owns 2,093,809 shares of the semiconductor company’s stock worth $50,189,000 after buying an additional 403,960 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock traded down $0.23 during trading hours on Friday, hitting $18.65. 74,122 shares of the stock were exchanged, compared to its average volume of 1,190,430. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.98 and a current ratio of 2.98. The stock has a market capitalization of $2.55 billion, a P/E ratio of 10.78 and a beta of 1.10. Vishay Intertechnology, Inc. has a 12 month low of $18.62 and a 12 month high of $25.50. The business’s 50-day moving average is $21.70 and its two-hundred day moving average is $22.24.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, August 7th. The semiconductor company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. Vishay Intertechnology had a net margin of 5.48% and a return on equity of 8.72%. The business had revenue of $741.20 million for the quarter, compared to analysts’ expectations of $754.71 million. During the same period in the prior year, the firm earned $0.68 earnings per share. Vishay Intertechnology’s revenue was down 16.9% compared to the same quarter last year. Equities research analysts expect that Vishay Intertechnology, Inc. will post 0.72 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 26th. Stockholders of record on Tuesday, September 10th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $0.40 annualized dividend and a dividend yield of 2.14%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 22.99%.

Analyst Ratings Changes

Separately, TD Cowen decreased their price objective on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a research note on Thursday, August 8th.

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.