10,937 Shares in Vishay Intertechnology, Inc. (NYSE:VSH) Acquired by Meridian Wealth Management LLC

Meridian Wealth Management LLC bought a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,937 shares of the semiconductor company’s stock, valued at approximately $207,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Vishay Intertechnology by 5.0% in the first quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company’s stock valued at $338,366,000 after purchasing an additional 714,275 shares during the period. Deprince Race & Zollo Inc. increased its stake in shares of Vishay Intertechnology by 94.0% in the second quarter. Deprince Race & Zollo Inc. now owns 3,129,207 shares of the semiconductor company’s stock valued at $69,781,000 after buying an additional 1,516,368 shares during the period. American Century Companies Inc. raised its position in shares of Vishay Intertechnology by 12.7% during the second quarter. American Century Companies Inc. now owns 3,109,768 shares of the semiconductor company’s stock worth $69,348,000 after acquiring an additional 350,512 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Vishay Intertechnology by 1.2% in the third quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company’s stock worth $48,669,000 after acquiring an additional 30,515 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Vishay Intertechnology by 17.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company’s stock valued at $32,336,000 after acquiring an additional 248,741 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have issued reports on VSH. StockNews.com upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Tuesday, November 19th. TD Cowen dropped 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 Trading Up 7.2 %

Shares of VSH stock opened at $17.13 on Tuesday. Vishay Intertechnology, Inc. has a fifty-two week low of $14.95 and a fifty-two 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 stock has a 50 day simple moving average of $17.57 and a two-hundred day simple moving average of $20.40. The company has a market cap of $2.33 billion, a P/E ratio of 27.63 and a beta of 1.09.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). The company had revenue of $735.35 million during the quarter, compared to the consensus estimate of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The business’s revenue was down 13.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.60 EPS. Research 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. Stockholders of record on Tuesday, December 3rd will be given a dividend of $0.10 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.34%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 64.52%.

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.