Bryce Point Capital LLC Invests $959,000 in Vishay Intertechnology, Inc. $VSH

Bryce Point Capital LLC purchased a new position in Vishay Intertechnology, Inc. (NYSE:VSH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 60,418 shares of the semiconductor company’s stock, valued at approximately $959,000. Vishay Intertechnology makes up about 0.8% of Bryce Point Capital LLC’s holdings, making the stock its 17th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC lifted its stake in shares of Vishay Intertechnology by 602.1% in the first quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company’s stock worth $43,000 after buying an additional 2,312 shares in the last quarter. Larson Financial Group LLC lifted its stake in shares of Vishay Intertechnology by 27,083.3% in the first quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company’s stock worth $52,000 after buying an additional 3,250 shares in the last quarter. CWM LLC lifted its stake in shares of Vishay Intertechnology by 76.0% in the first quarter. CWM LLC now owns 3,473 shares of the semiconductor company’s stock worth $55,000 after buying an additional 1,500 shares in the last quarter. AlphaQuest LLC lifted its stake in shares of Vishay Intertechnology by 135.6% in the second quarter. AlphaQuest LLC now owns 5,789 shares of the semiconductor company’s stock worth $92,000 after buying an additional 3,332 shares in the last quarter. Finally, Summit Securities Group LLC purchased a new position in shares of Vishay Intertechnology in the first quarter worth about $126,000. 93.66% of the stock is owned by hedge funds and other institutional investors.

Vishay Intertechnology Stock Performance

NYSE:VSH opened at $16.74 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.64. The firm has a market capitalization of $2.27 billion, a price-to-earnings ratio of -25.75 and a beta of 1.15. The company’s 50-day moving average is $15.86 and its two-hundred day moving average is $15.40. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $20.15.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.09). Vishay Intertechnology had a negative net margin of 3.00% and a negative return on equity of 0.10%. The firm had revenue of $762.25 million during the quarter, compared to analyst estimates of $756.07 million. During the same quarter in the previous year, the firm earned $0.17 earnings per share. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. Analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Thursday, September 11th. Vishay Intertechnology’s dividend payout ratio is currently -61.54%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wall Street Zen raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, October 8th. Finally, Zacks Research upgraded shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and an average target price of $19.00.

About Vishay Intertechnology

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.