Deutsche Bank AG Makes New Investment in Vishay Intertechnology, Inc. $VSH

Deutsche Bank AG purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 565,754 shares of the semiconductor company’s stock, valued at approximately $30,426,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rockefeller Capital Management L.P. lifted its holdings in Vishay Intertechnology by 212.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 1,402 shares during the period. Carolina Wealth Advisors LLC acquired a new position in Vishay Intertechnology in the 2nd quarter valued at about $32,000. Quarry LP purchased a new stake in Vishay Intertechnology in the 3rd quarter worth approximately $39,000. Empowered Funds LLC acquired a new position in Vishay Intertechnology in the fourth quarter worth $57,000. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Vishay Intertechnology by 255.8% during the fourth quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 3,684 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on VSH. Needham & Company LLC began coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They issued a “buy” rating and a $45.00 target price on the stock. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Raymond James Financial began coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 target price on the stock. Bank of America upped their price objective 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. Finally, Zacks Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $33.25.

Vishay Intertechnology Stock Performance

Shares of NYSE VSH opened at $31.65 on Friday. The firm has a fifty day moving average price of $43.02 and a 200-day moving average price of $33.68. Vishay Intertechnology, Inc. has a 1 year low of $11.77 and a 1 year high of $69.47. The stock has a market cap of $4.85 billion, a PE ratio of 166.59 and a beta of 1.81. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%.The firm had revenue of $918.58 million during the quarter, compared to analysts’ expectations of $897.03 million. During the same quarter in the previous year, the business earned ($0.07) EPS. The company’s quarterly revenue was up 16.6% on a year-over-year basis. Equities analysts anticipate that Vishay Intertechnology, Inc. will post 0.86 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, September 10th. Vishay Intertechnology’s payout ratio is presently 210.53%.

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.