Systematic Financial Management LP Grows Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Systematic Financial Management LP boosted its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 1.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,206,125 shares of the semiconductor company’s stock after purchasing an additional 11,950 shares during the quarter. Systematic Financial Management LP owned approximately 0.88% of Vishay Intertechnology worth $26,897,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rise Advisors LLC bought a new position in shares of Vishay Intertechnology during the first quarter valued at approximately $27,000. Massmutual Trust Co. FSB ADV grew its stake in shares of Vishay Intertechnology by 173.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock worth $30,000 after buying an additional 868 shares during the last quarter. Bell Investment Advisors Inc increased its position in Vishay Intertechnology by 122.5% during the 1st quarter. Bell Investment Advisors Inc now owns 1,424 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 784 shares in the last quarter. Headlands Technologies LLC increased its holdings in shares of Vishay Intertechnology by 95.7% during the first quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 774 shares in the last quarter. Finally, EntryPoint Capital LLC raised its position in shares of Vishay Intertechnology by 1,366.2% in 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. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Vishay Intertechnology Stock Up 3.1 %

Vishay Intertechnology stock opened at $19.07 on Friday. The stock has a market cap of $2.62 billion, a PE ratio of 10.96 and a beta of 1.10. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.98 and a current ratio of 2.98. The stock has a fifty day moving average of $20.26 and a 200 day moving average of $21.78. Vishay Intertechnology, Inc. has a one year low of $17.42 and a one year high of $25.22.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. Vishay Intertechnology had a net margin of 5.48% and a return on equity of 8.72%. The company had revenue of $741.20 million for the quarter, compared to the consensus estimate of $754.71 million. During the same quarter last year, the firm posted $0.68 earnings per share. The firm’s revenue was down 16.9% compared to the same quarter last year. As a group, sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.72 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Tuesday, September 10th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.10%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 22.99%.

Vishay Intertechnology Profile

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.