Allianz Asset Management GmbH reduced its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 2.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,324,151 shares of the semiconductor company’s stock after selling 56,781 shares during the period. Allianz Asset Management GmbH owned approximately 1.58% of Vishay Intertechnology worth $43,694,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Teachers Advisors LLC raised its stake in Vishay Intertechnology by 3.6% during the first quarter. Teachers Advisors LLC now owns 226,189 shares of the semiconductor company’s stock worth $3,721,000 after purchasing an additional 7,828 shares during the period. Aperio Group LLC raised its stake in Vishay Intertechnology by 9.1% during the second quarter. Aperio Group LLC now owns 48,270 shares of the semiconductor company’s stock worth $801,000 after purchasing an additional 4,037 shares during the period. Russell Investments Group Ltd. raised its stake in Vishay Intertechnology by 22.4% during the second quarter. Russell Investments Group Ltd. now owns 474,002 shares of the semiconductor company’s stock worth $7,868,000 after purchasing an additional 86,840 shares during the period. ING Groep NV purchased a new position in Vishay Intertechnology during the second quarter worth about $271,000. Finally, Texas Permanent School Fund raised its stake in Vishay Intertechnology by 0.9% during the second quarter. Texas Permanent School Fund now owns 97,868 shares of the semiconductor company’s stock worth $1,625,000 after purchasing an additional 889 shares during the period.

In other Vishay Intertechnology news, CEO Gerald Paul sold 50,000 shares of Vishay Intertechnology stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $21.37, for a total transaction of $1,068,500.00. Following the completion of the sale, the chief executive officer now directly owns 162,986 shares in the company, valued at $3,483,010.82. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Abraham Ludomirski sold 20,000 shares of Vishay Intertechnology stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $21.79, for a total transaction of $435,800.00. Following the sale, the director now owns 86,232 shares of the company’s stock, valued at $1,878,995.28. The disclosure for this sale can be found here. 7.91% of the stock is owned by company insiders.

A number of equities analysts have commented on the stock. Citigroup lifted their target price on shares of Vishay Intertechnology from $16.00 to $19.00 and gave the stock a “sell” rating in a research note on Friday, October 27th. Stifel Nicolaus lifted their target price on shares of Vishay Intertechnology from $18.00 to $20.00 and gave the stock a “hold” rating in a research note on Friday, October 27th. Zacks Investment Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 price target for the company in a research report on Thursday, October 5th. Finally, BidaskClub cut shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Tuesday, August 22nd. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $20.33.

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) traded up $0.15 on Friday, hitting $21.15. 1,394,000 shares of the company’s stock were exchanged, compared to its average volume of 1,285,413. Vishay Intertechnology, Inc. has a 1-year low of $15.35 and a 1-year high of $23.45. The firm has a market capitalization of $3,100.00, a PE ratio of 16.93, a PEG ratio of 0.72 and a beta of 1.19. The company has a current ratio of 4.33, a quick ratio of 3.44 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.05. Vishay Intertechnology had a net margin of 4.34% and a return on equity of 11.77%. The business had revenue of $677.90 million during the quarter, compared to analysts’ expectations of $660.32 million. During the same period last year, the business earned $0.25 earnings per share. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. equities analysts forecast that Vishay Intertechnology, Inc. will post 1.41 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Thursday, December 7th will be given a dividend of $0.0675 per share. The ex-dividend date of this dividend is Wednesday, December 6th. This is a boost from Vishay Intertechnology’s previous quarterly dividend of $0.06. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.28%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 39.71%.

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About Vishay Intertechnology

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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