Moors & Cabot Inc. Acquires Shares of 7,500 Vishay Intertechnology, Inc. (NYSE:VSH)

Moors & Cabot Inc. acquired a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 7,500 shares of the semiconductor company’s stock, valued at approximately $220,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VSH. Fairfield Bush & CO. acquired a new stake in shares of Vishay Intertechnology in the first quarter valued at $35,000. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of Vishay Intertechnology by 46.4% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,937 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 614 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of Vishay Intertechnology in the second quarter valued at $62,000. IFP Advisors Inc increased its stake in shares of Vishay Intertechnology by 1,759.2% in the second quarter. IFP Advisors Inc now owns 2,919 shares of the semiconductor company’s stock valued at $59,000 after buying an additional 2,762 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC acquired a new stake in shares of Vishay Intertechnology in the first quarter valued at $79,000. 82.60% of the stock is owned by institutional investors.

Vishay Intertechnology Price Performance

Shares of VSH stock opened at $22.72 on Tuesday. The stock has a 50-day moving average price of $23.57 and a 200 day moving average price of $25.81. The company has a quick ratio of 2.51, a current ratio of 3.40 and a debt-to-equity ratio of 0.38. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 9.27 and a beta of 1.32. Vishay Intertechnology, Inc. has a 12 month low of $20.51 and a 12 month high of $30.10.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, November 8th. The semiconductor company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.04. The firm had revenue of $853.70 million during the quarter, compared to analyst estimates of $864.38 million. Vishay Intertechnology had a return on equity of 18.21% and a net margin of 9.94%. The company’s revenue was down 7.7% on a year-over-year basis. During the same period last year, the company earned $0.93 earnings per share. Research analysts expect that Vishay Intertechnology, Inc. will post 2.42 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 27th. Shareholders of record on Wednesday, December 13th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.76%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 16.33%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. It operates in six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors.