Royce & Associates LP Sells 307,040 Shares of Vishay Intertechnology, Inc. $VSH

Royce & Associates LP reduced its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 18.2% during the 4th quarter, Holdings Channel reports. The fund owned 1,382,333 shares of the semiconductor company’s stock after selling 307,040 shares during the period. Royce & Associates LP’s holdings in Vishay Intertechnology were worth $20,030,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of VSH. Royal Bank of Canada raised its holdings in Vishay Intertechnology by 26.6% in the 1st quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company’s stock valued at $1,142,000 after acquiring an additional 15,079 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Vishay Intertechnology by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,123 shares of the semiconductor company’s stock valued at $1,179,000 after acquiring an additional 2,250 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Vishay Intertechnology by 5.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 250,154 shares of the semiconductor company’s stock valued at $3,977,000 after acquiring an additional 12,547 shares during the period. AXA S.A. raised its holdings in Vishay Intertechnology by 13.5% in the 2nd quarter. AXA S.A. now owns 176,254 shares of the semiconductor company’s stock valued at $2,799,000 after acquiring an additional 20,950 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in Vishay Intertechnology by 132.4% in the 2nd quarter. Quantinno Capital Management LP now owns 52,791 shares of the semiconductor company’s stock valued at $838,000 after acquiring an additional 30,075 shares during the period. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Stock Performance

Shares of NYSE:VSH opened at $50.32 on Wednesday. The company’s 50 day moving average price is $27.06 and its two-hundred day moving average price is $20.25. Vishay Intertechnology, Inc. has a 12-month low of $11.77 and a 12-month high of $50.74. The firm has a market cap of $6.83 billion, a PE ratio of 5,032.00 and a beta of 1.53. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. The business had revenue of $839.24 million for the quarter, compared to analyst estimates of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The firm’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same quarter last year, the business posted ($0.03) EPS. Equities research analysts predict that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Thursday, June 18th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, June 18th. This represents a $0.40 annualized dividend and a dividend yield of 0.8%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 4,000.00%.

Wall Street Analysts Forecast Growth

VSH has been the topic of several research analyst reports. Bank of America increased their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a report on Thursday, May 14th. JPMorgan Chase & Co. increased their price target on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Wall Street Zen raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Weiss Ratings raised shares of Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $24.00.

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.