Capstone Investment Advisors Netherlands B.V. Has $236,000 Stake in Vishay Intertechnology, Inc. (VSH)
Capstone Investment Advisors Netherlands B.V. decreased its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 18.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 14,238 shares of the semiconductor company’s stock after selling 3,313 shares during the quarter. Capstone Investment Advisors Netherlands B.V.’s holdings in Vishay Intertechnology were worth $236,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of VSH. BlackRock Inc. grew its holdings in shares of Vishay Intertechnology by 16,353.4% in the 1st quarter. BlackRock Inc. now owns 14,187,434 shares of the semiconductor company’s stock worth $233,383,000 after purchasing an additional 14,101,206 shares during the last quarter. DnB Asset Management AS grew its holdings in shares of Vishay Intertechnology by 30.2% in the 2nd quarter. DnB Asset Management AS now owns 3,761,245 shares of the semiconductor company’s stock worth $62,437,000 after purchasing an additional 872,816 shares during the last quarter. Thrivent Financial For Lutherans grew its holdings in shares of Vishay Intertechnology by 3,733.3% in the 1st quarter. Thrivent Financial For Lutherans now owns 878,220 shares of the semiconductor company’s stock worth $14,446,000 after purchasing an additional 855,310 shares during the last quarter. Numeric Investors LLC grew its holdings in shares of Vishay Intertechnology by 110.9% in the 2nd quarter. Numeric Investors LLC now owns 1,554,375 shares of the semiconductor company’s stock worth $25,803,000 after purchasing an additional 817,200 shares during the last quarter. Finally, Quentec Asset Management LLC bought a new stake in shares of Vishay Intertechnology in the 2nd quarter worth about $12,035,000.
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Vishay Intertechnology, Inc. (NYSE:VSH) traded up 0.53% during midday trading on Friday, hitting $18.80. 995,109 shares of the stock traded hands. The firm’s 50 day moving average is $17.49 and its 200-day moving average is $16.81. Vishay Intertechnology, Inc. has a 12-month low of $13.66 and a 12-month high of $18.85. The stock has a market capitalization of $2.75 billion, a PE ratio of 35.67 and a beta of 1.23.
Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.02. The company had revenue of $644.89 million for the quarter, compared to analysts’ expectations of $643.19 million. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.23 earnings per share. On average, analysts anticipate that Vishay Intertechnology, Inc. will post $1.34 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 28th. Stockholders of record on Friday, September 15th were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Thursday, September 14th. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 49.02%.
Vishay Intertechnology announced that its board has authorized a stock buyback program on Wednesday, August 2nd that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the semiconductor company to repurchase up to 5.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.
Several equities research analysts have recently weighed in on the stock. BidaskClub lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Monday, July 31st. ValuEngine raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $17.00 target price on shares of Vishay Intertechnology in a report on Friday, July 14th. Finally, Zacks Investment Research lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a 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. The company presently has an average rating of “Hold” and a consensus price target of $18.50.
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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