Semanteon Capital Management LP Takes $316,000 Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Semanteon Capital Management LP purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 13,201 shares of the semiconductor company’s stock, valued at approximately $316,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VSH. Fifth Third Bancorp boosted its holdings in Vishay Intertechnology by 60.9% during the 3rd quarter. Fifth Third Bancorp now owns 1,477 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 559 shares during the period. AMH Equity Ltd purchased a new position in Vishay Intertechnology in the 3rd quarter worth about $48,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in Vishay Intertechnology in the 4th quarter worth about $48,000. Adirondack Trust Co. bought a new stake in Vishay Intertechnology during the 3rd quarter valued at about $69,000. Finally, IFP Advisors Inc boosted its position in Vishay Intertechnology by 24.7% in the 3rd quarter. IFP Advisors Inc now owns 3,640 shares of the semiconductor company’s stock valued at $90,000 after buying an additional 721 shares during the period. 93.66% of the stock is owned by hedge funds and other institutional investors.

Vishay Intertechnology Trading Up 2.4 %

Shares of NYSE VSH opened at $22.63 on Friday. Vishay Intertechnology, Inc. has a twelve month low of $20.57 and a twelve month high of $30.10. The company has a quick ratio of 2.38, a current ratio of 3.32 and a debt-to-equity ratio of 0.37. The business has a fifty day simple moving average of $22.10 and a two-hundred day simple moving average of $22.55. The firm has a market cap of $3.11 billion, a PE ratio of 9.80 and a beta of 1.24.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, February 7th. The semiconductor company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $785.24 million during the quarter, compared to analyst estimates of $787.15 million. Vishay Intertechnology had a net margin of 9.52% and a return on equity of 15.72%. The firm’s revenue for the quarter was down 8.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.69 earnings per share. Analysts expect that Vishay Intertechnology, Inc. will post 1.1 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 14th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend was Wednesday, March 13th. Vishay Intertechnology’s dividend payout ratio (DPR) is 17.32%.

Insiders Place Their Bets

In related news, Chairman Marc Zandman sold 26,154 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $22.83, for a total transaction of $597,095.82. Following the sale, the chairman now owns 73,678 shares of the company’s stock, valued at $1,682,068.74. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 8.14% of the stock is owned by company insiders.

Analyst Ratings Changes

Separately, Stifel Nicolaus reaffirmed a “buy” rating and set a $25.00 target price on shares of Vishay Intertechnology in a research report on Wednesday, April 3rd.

Vishay Intertechnology Company 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.