Vishay Intertechnology, Inc. (NYSE:VSH) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 15.0% in the second quarter, Holdings Channel reports. The firm owned 11,972 shares of the semiconductor company’s stock after selling 2,105 shares during the period. Commonwealth Equity Services LLC’s holdings in Vishay Intertechnology were worth $267,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of VSH. Rise Advisors LLC purchased a new stake in Vishay Intertechnology during the 1st quarter worth approximately $27,000. Massmutual Trust Co. FSB ADV increased its position in shares of Vishay Intertechnology by 173.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 868 shares in the last quarter. Bell Investment Advisors Inc raised its stake in Vishay Intertechnology by 122.5% in the 1st quarter. Bell Investment Advisors Inc now owns 1,424 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 784 shares during the last quarter. Headlands Technologies LLC lifted its holdings in Vishay Intertechnology by 95.7% in the 1st quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 774 shares in the last quarter. Finally, EntryPoint Capital LLC boosted its stake in Vishay Intertechnology by 1,366.2% during the 1st quarter. EntryPoint Capital LLC now owns 1,950 shares of the semiconductor company’s stock worth $44,000 after purchasing an additional 1,817 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Trading Up 0.2 %

Shares of Vishay Intertechnology stock opened at $18.53 on Wednesday. Vishay Intertechnology, Inc. has a 1-year low of $17.42 and a 1-year high of $25.22. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.98 and a quick ratio of 1.98. The stock has a market cap of $2.54 billion, a P/E ratio of 10.65 and a beta of 1.10. The stock’s 50 day simple moving average is $20.58 and its 200-day simple moving average is $21.87.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. Vishay Intertechnology had a return on equity of 8.72% and a net margin of 5.48%. The company had revenue of $741.20 million during the quarter, compared to analysts’ expectations of $754.71 million. During the same period in the prior year, the business earned $0.68 EPS. The firm’s quarterly revenue was down 16.9% on a year-over-year basis. Analysts predict that Vishay Intertechnology, Inc. will post 0.72 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Investors of record on Tuesday, September 10th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.16%. The ex-dividend date is Tuesday, September 10th. Vishay Intertechnology’s payout ratio is currently 22.99%.

Analyst Upgrades and Downgrades

Separately, TD Cowen reduced their target price on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research report on Thursday, August 8th.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.