Situational Awareness LP purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 375,000 shares of the semiconductor company’s stock, valued at approximately $20,168,000. Vishay Intertechnology comprises approximately 0.1% of Situational Awareness LP’s holdings, making the stock its 21st largest holding.
A number of other large investors also recently bought and sold shares of the stock. Hsbc Holdings PLC purchased a new position in shares of Vishay Intertechnology during the 1st quarter valued at approximately $574,000. Dimensional Fund Advisors LP boosted its holdings in Vishay Intertechnology by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 7,102,376 shares of the semiconductor company’s stock worth $127,830,000 after buying an additional 208,472 shares in the last quarter. SummitTX Capital L.P. purchased a new stake in Vishay Intertechnology during the first quarter worth $2,555,000. Edgestream Partners L.P. grew its position in Vishay Intertechnology by 127.4% during the first quarter. Edgestream Partners L.P. now owns 316,191 shares of the semiconductor company’s stock valued at $5,691,000 after buying an additional 177,151 shares during the period. Finally, Mizuho Markets Americas LLC grew its position in Vishay Intertechnology by 71.0% during the first quarter. Mizuho Markets Americas LLC now owns 963,167 shares of the semiconductor company’s stock valued at $17,337,000 after buying an additional 399,800 shares during the period. 93.66% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on VSH. 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 price objective for the company. Bank of America increased their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research note on Thursday, May 14th. Weiss Ratings restated a “hold (c)” rating on shares of Vishay Intertechnology in a research report on Monday, August 24th. Needham & Company LLC assumed coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They issued a “buy” rating and a $45.00 price target for the company. Finally, Zacks Research cut 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, three have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Vishay Intertechnology presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.
Vishay Intertechnology Trading Down 0.6%
Shares of VSH opened at $30.42 on Friday. Vishay Intertechnology, Inc. has a 52-week low of $11.77 and a 52-week high of $69.47. The company has a quick ratio of 1.27, a current ratio of 1.80 and a debt-to-equity ratio of 0.08. The firm’s fifty day moving average is $37.50 and its two-hundred day moving average is $34.46. The stock has a market cap of $4.67 billion, a PE ratio of 160.11, a price-to-earnings-growth ratio of 3.57 and a beta of 1.80.
Vishay Intertechnology (NYSE:VSH – Get Free Report) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.04. The business had revenue of $918.58 million during the quarter, compared to analysts’ expectations of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The company’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.07) earnings per share. Research analysts forecast that Vishay Intertechnology, Inc. will post 0.86 earnings per share for the current fiscal year.
Vishay Intertechnology Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be issued a $0.10 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.40 dividend on an annualized basis and a yield of 1.3%. Vishay Intertechnology’s dividend 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.
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