Wells Fargo & Company MN lowered its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 20.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,041,363 shares of the semiconductor company’s stock after selling 523,590 shares during the quarter. Wells Fargo & Company MN owned approximately 1.40% of Vishay Intertechnology worth $33,887,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VSH. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Vishay Intertechnology by 83.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,200 shares of the semiconductor company’s stock valued at $102,000 after acquiring an additional 2,827 shares during the last quarter. Elkfork Partners LLC increased its position in shares of Vishay Intertechnology by 7.4% in the first quarter. Elkfork Partners LLC now owns 7,700 shares of the semiconductor company’s stock valued at $127,000 after acquiring an additional 532 shares during the last quarter. US Bancorp DE increased its position in shares of Vishay Intertechnology by 0.5% in the first quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock valued at $144,000 after acquiring an additional 45 shares during the last quarter. Meadow Creek Investment Management LLC increased its position in shares of Vishay Intertechnology by 7.4% in the first quarter. Meadow Creek Investment Management LLC now owns 9,350 shares of the semiconductor company’s stock valued at $154,000 after acquiring an additional 646 shares during the last quarter. Finally, LS Investment Advisors LLC increased its position in shares of Vishay Intertechnology by 17.9% in the second quarter. LS Investment Advisors LLC now owns 10,513 shares of the semiconductor company’s stock valued at $175,000 after acquiring an additional 1,595 shares during the last quarter.

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VSH has been the topic of a number of recent research reports. ValuEngine raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. BidaskClub raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $17.00 target price on shares of Vishay Intertechnology in a research report on Friday, July 14th. Finally, Zacks Investment Research downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Vishay Intertechnology has a consensus rating of “Hold” and a consensus target price of $18.50.

Vishay Intertechnology, Inc. (VSH) opened at 18.00 on Thursday. The company has a market cap of $2.63 billion, a PE ratio of 34.16 and a beta of 1.23. Vishay Intertechnology, Inc. has a 12-month low of $13.66 and a 12-month high of $18.55. The company’s 50-day moving average price is $17.49 and its 200-day moving average price is $16.81.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.02. Vishay Intertechnology had a net margin of 3.34% and a return on equity of 9.89%. The company had revenue of $644.89 million for the quarter, compared to analyst estimates of $643.19 million. During the same quarter in the prior year, the business posted $0.23 EPS. The firm’s revenue was up 9.3% compared to the same quarter last year. Equities analysts anticipate that Vishay Intertechnology, Inc. will post $1.34 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 28th. Investors of record on Friday, September 15th will be issued a $0.0625 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.39%. Vishay Intertechnology’s dividend payout ratio is presently 49.02%.

Vishay Intertechnology announced that its board has approved a stock buyback plan on Wednesday, August 2nd that permits the company to repurchase $150.00 million in shares. This repurchase authorization permits the semiconductor company to reacquire up to 5.8% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Vishay Intertechnology 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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Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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