38,354 Shares in Vishay Intertechnology, Inc. $VSH Acquired by Mangrove Partners IM LLC

Mangrove Partners IM LLC purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 38,354 shares of the semiconductor company’s stock, valued at approximately $556,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of Vishay Intertechnology by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 16,617,109 shares of the semiconductor company’s stock valued at $254,242,000 after purchasing an additional 375,378 shares in the last quarter. Woodline Partners LP boosted its stake in shares of Vishay Intertechnology by 25.3% during the 3rd quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock valued at $104,251,000 after buying an additional 1,377,356 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Vishay Intertechnology by 0.9% during the 3rd quarter. American Century Companies Inc. now owns 4,180,606 shares of the semiconductor company’s stock valued at $63,963,000 after buying an additional 36,791 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Vishay Intertechnology by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 2,907,928 shares of the semiconductor company’s stock valued at $42,144,000 after buying an additional 10,917 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Vishay Intertechnology by 28.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,466,224 shares of the semiconductor company’s stock valued at $35,736,000 after buying an additional 539,603 shares during the last quarter. 93.66% of the stock is owned by institutional investors and hedge funds.

Vishay Intertechnology Stock Performance

VSH stock opened at $60.40 on Wednesday. The company has a current ratio of 2.64, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. The firm has a market cap of $8.22 billion, a P/E ratio of 6,040.40 and a beta of 1.76. Vishay Intertechnology, Inc. has a 12-month low of $11.77 and a 12-month high of $66.65. The stock’s 50 day simple moving average is $39.13 and its 200 day simple moving average is $24.96.

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, beating 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 return on equity of 0.22% and a net margin of 0.07%.The business’s revenue was up 17.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.03) EPS. As a group, equities research analysts predict that Vishay Intertechnology, Inc. will post 0.75 EPS 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. This represents a $0.40 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio is currently 4,000.00%.

Analysts Set New Price Targets

Several research firms have recently commented on VSH. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Wall Street Zen lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings raised shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Finally, Bank of America raised their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Vishay Intertechnology has a consensus rating of “Moderate Buy” and a consensus price target of $24.00.

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.