Aigen Investment Management LP Invests $668,000 in Vishay Intertechnology, Inc. (NYSE:VSH)

Aigen Investment Management LP acquired a new stake in Vishay Intertechnology, Inc. (NYSE:VSH) during the third quarter, Holdings Channel reports. The institutional investor acquired 35,336 shares of the semiconductor company’s stock, valued at approximately $668,000.

Other institutional investors have also made changes to their positions in the company. Matrix Trust Co bought a new position in Vishay Intertechnology in the third quarter valued at $25,000. Massmutual Trust Co. FSB ADV grew its holdings in shares of Vishay Intertechnology by 173.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 868 shares in the last quarter. Headlands Technologies LLC increased its position in shares of Vishay Intertechnology by 95.7% in the first quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 774 shares during the last quarter. EntryPoint Capital LLC raised its holdings in Vishay Intertechnology by 1,366.2% during the first quarter. EntryPoint Capital LLC now owns 1,950 shares of the semiconductor company’s stock worth $44,000 after acquiring an additional 1,817 shares in the last quarter. Finally, nVerses Capital LLC acquired a new position in Vishay Intertechnology during the second quarter valued at approximately $45,000. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Trading Down 2.0 %

Shares of NYSE:VSH opened at $16.33 on Thursday. Vishay Intertechnology, Inc. has a 52-week low of $16.30 and a 52-week high of $24.72. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.85 and a current ratio of 2.81. The company has a market capitalization of $2.23 billion, a P/E ratio of 26.34 and a beta of 1.09. The company has a 50-day simple moving average of $17.97 and a 200 day simple moving average of $20.82.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). The business had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The business’s quarterly revenue was down 13.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.60 earnings per share. Sell-side analysts forecast that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd will be issued a $0.10 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.40 annualized dividend and a dividend yield of 2.45%. Vishay Intertechnology’s dividend payout ratio is currently 64.52%.

Analysts Set New Price Targets

VSH has been the topic of several recent analyst reports. StockNews.com lowered Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Monday. TD Cowen lowered their target price on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a report on Thursday, August 8th.

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.