Tocqueville Asset Management L.P. Has $20.10 Million Stock Holdings in Vishay Intertechnology, Inc. $VSH

Tocqueville Asset Management L.P. cut its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 6.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,313,711 shares of the semiconductor company’s stock after selling 85,783 shares during the quarter. Tocqueville Asset Management L.P. owned approximately 0.97% of Vishay Intertechnology worth $20,100,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. KLP Kapitalforvaltning AS increased its stake in shares of Vishay Intertechnology by 3.8% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 22,100 shares of the semiconductor company’s stock worth $338,000 after purchasing an additional 800 shares during the last quarter. GAMMA Investing LLC increased its position in Vishay Intertechnology by 12.2% during the third quarter. GAMMA Investing LLC now owns 9,697 shares of the semiconductor company’s stock worth $148,000 after buying an additional 1,052 shares during the last quarter. Police & Firemen s Retirement System of New Jersey raised its holdings in Vishay Intertechnology by 4.0% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 28,364 shares of the semiconductor company’s stock valued at $450,000 after buying an additional 1,101 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Vishay Intertechnology by 7.4% during the second quarter. Corient Private Wealth LLC now owns 18,598 shares of the semiconductor company’s stock valued at $295,000 after buying an additional 1,288 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in shares of Vishay Intertechnology by 0.3% in the second quarter. Rhumbline Advisers now owns 399,246 shares of the semiconductor company’s stock worth $6,340,000 after buying an additional 1,305 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Performance

NYSE VSH traded up $0.05 during trading on Friday, hitting $17.20. The company’s stock had a trading volume of 152,794 shares, compared to its average volume of 2,373,780. Vishay Intertechnology, Inc. has a 52 week low of $10.35 and a 52 week high of $22.00. The firm has a market cap of $2.34 billion, a P/E ratio of -245.38 and a beta of 1.14. The firm has a 50 day moving average price of $18.38 and a 200 day moving average price of $16.28. The company has a quick ratio of 1.57, a current ratio of 2.62 and a debt-to-equity ratio of 0.46.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). The business had revenue of $800.92 million during the quarter, compared to the consensus estimate of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. Vishay Intertechnology’s revenue for the quarter was up 12.1% compared to the same quarter last year. Equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, March 12th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -571.43%.

Wall Street Analyst Weigh In

VSH has been the topic of a number of analyst reports. Argus raised Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. JPMorgan Chase & Co. lifted their price target on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Zacks Research cut shares of Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research note on Monday, February 9th. Finally, Bank of America upped their price objective on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $18.00.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.