Arizona State Retirement System raised its holdings in Vishay Intertechnology (NYSE:VSH) by 24.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,910 shares of the semiconductor company’s stock after purchasing an additional 18,890 shares during the period. Arizona State Retirement System owned 0.06% of Vishay Intertechnology worth $1,969,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Schroder Investment Management Group lifted its position in Vishay Intertechnology by 11.5% during the third quarter. Schroder Investment Management Group now owns 7,205,858 shares of the semiconductor company’s stock valued at $134,750,000 after purchasing an additional 744,701 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Vishay Intertechnology by 65.4% in the 4th quarter. Acadian Asset Management LLC now owns 1,176,191 shares of the semiconductor company’s stock worth $24,407,000 after acquiring an additional 465,105 shares during the last quarter. Royce & Associates LP lifted its holdings in shares of Vishay Intertechnology by 6.8% in the 3rd quarter. Royce & Associates LP now owns 6,818,471 shares of the semiconductor company’s stock worth $128,187,000 after acquiring an additional 435,749 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vishay Intertechnology by 16.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,242,595 shares of the semiconductor company’s stock worth $41,937,000 after acquiring an additional 318,301 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Vishay Intertechnology in the 4th quarter worth approximately $5,325,000.
A number of brokerages have recently weighed in on VSH. Stifel Nicolaus restated a “hold” rating and issued a $20.00 price objective (down from $23.00) on shares of Vishay Intertechnology in a report on Wednesday, February 7th. TheStreet lowered shares of Vishay Intertechnology from an “a-” rating to a “c+” rating in a report on Tuesday, February 6th. Zacks Investment Research lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Thursday, December 28th. Finally, ValuEngine upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Tuesday, March 13th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $22.00.
Vishay Intertechnology stock traded down $0.55 during mid-day trading on Monday, reaching $18.05. 1,078,825 shares of the company traded hands, compared to its average volume of 1,497,652. The company has a current ratio of 3.88, a quick ratio of 3.11 and a debt-to-equity ratio of 0.44. The company has a market cap of $2,680.33, a P/E ratio of 12.67, a PEG ratio of 2.42 and a beta of 1.29. Vishay Intertechnology has a 52-week low of $15.40 and a 52-week high of $23.85.
Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Tuesday, February 6th. The semiconductor company reported $0.37 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.02). The company had revenue of $674.50 million for the quarter, compared to analysts’ expectations of $677.51 million. Vishay Intertechnology had a negative net margin of 0.78% and a positive return on equity of 14.07%. The firm’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.18 earnings per share. analysts predict that Vishay Intertechnology will post 1.57 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 29th. Stockholders of record on Wednesday, March 14th were given a $0.0675 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date was Tuesday, March 13th. Vishay Intertechnology’s dividend payout ratio is presently 18.88%.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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