Tudor Investment Corp ET AL Buys New Shares in Vishay Intertechnology, Inc. $VSH

Tudor Investment Corp ET AL bought a new position in Vishay Intertechnology, Inc. (NYSE:VSH) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 804,300 shares of the semiconductor company’s stock, valued at approximately $12,306,000. Tudor Investment Corp ET AL owned 0.59% of Vishay Intertechnology as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VSH. Jones Financial Companies Lllp grew its stake in shares of Vishay Intertechnology by 709.5% during the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 1,575 shares during the last quarter. Quarry LP bought a new stake in shares of Vishay Intertechnology in the 3rd quarter valued at about $39,000. GAMMA Investing LLC lifted its stake in shares of Vishay Intertechnology by 12.2% in the 3rd quarter. GAMMA Investing LLC now owns 9,697 shares of the semiconductor company’s stock valued at $148,000 after acquiring an additional 1,052 shares during the last quarter. Hennion & Walsh Asset Management Inc. purchased a new stake in Vishay Intertechnology during the 3rd quarter valued at about $171,000. Finally, Inscription Capital LLC purchased a new stake in Vishay Intertechnology during the 3rd quarter valued at about $173,000. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Stock Down 6.2%

Shares of NYSE:VSH opened at $16.62 on Friday. Vishay Intertechnology, Inc. has a 52-week low of $10.35 and a 52-week high of $22.00. The firm has a market capitalization of $2.26 billion, a P/E ratio of -237.42 and a beta of 1.14. The stock has a 50 day moving average price of $18.55 and a 200-day moving average price of $16.37. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results 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 firm had revenue of $800.92 million for 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%. The business’s revenue was up 12.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, March 12th. Vishay Intertechnology’s payout ratio is -571.43%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Zacks Research cut Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. raised their target price on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Bank of America upped their price target on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a report on Thursday, January 22nd. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. One 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. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $18.00.

Vishay Intertechnology Profile

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.