Foster & Motley Inc. Decreases Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Foster & Motley Inc. cut its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 16.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,664 shares of the semiconductor company’s stock after selling 17,562 shares during the quarter. Foster & Motley Inc.’s holdings in Vishay Intertechnology were worth $1,733,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. National Bank of Canada FI raised its position in Vishay Intertechnology by 3.4% during the second quarter. National Bank of Canada FI now owns 19,835 shares of the semiconductor company’s stock valued at $432,000 after acquiring an additional 650 shares in the last quarter. Headlands Technologies LLC increased its holdings in shares of Vishay Intertechnology by 95.7% during the 1st quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 774 shares in the last quarter. Bell Investment Advisors Inc lifted its stake in shares of Vishay Intertechnology by 122.5% in the 1st quarter. Bell Investment Advisors Inc now owns 1,424 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 784 shares during the period. Massmutual Trust Co. FSB ADV boosted its holdings in Vishay Intertechnology by 173.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock worth $30,000 after buying an additional 868 shares in the last quarter. Finally, Natixis Advisors LLC grew its position in Vishay Intertechnology by 2.4% during the second quarter. Natixis Advisors LLC now owns 45,403 shares of the semiconductor company’s stock valued at $1,012,000 after buying an additional 1,057 shares during the period. 93.66% of the stock is owned by institutional investors and hedge funds.

Vishay Intertechnology Stock Up 6.8 %

Shares of VSH opened at $18.20 on Thursday. The company has a current ratio of 2.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.38. The firm has a market cap of $2.49 billion, a P/E ratio of 14.79 and a beta of 1.09. The stock’s 50 day moving average is $18.25 and its two-hundred day moving average is $21.00. Vishay Intertechnology, Inc. has a 12 month low of $16.65 and a 12 month high of $24.72.

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

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Tuesday, September 10th were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, September 10th. This represents a $0.40 annualized dividend and a dividend yield of 2.20%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 32.52%.

Analyst Upgrades and Downgrades

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

Vishay Intertechnology 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.