Vishay Intertechnology, Inc. (NYSE:VSH) Shares Sold by Axa S.A.

Axa S.A. trimmed its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 2.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,300 shares of the semiconductor company’s stock after selling 1,701 shares during the period. Axa S.A.’s holdings in Vishay Intertechnology were worth $1,389,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VSH. Rise Advisors LLC acquired a new stake in Vishay Intertechnology during the 1st quarter valued at approximately $27,000. Massmutual Trust Co. FSB ADV boosted its holdings in Vishay Intertechnology by 173.9% in the second quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 868 shares during the last quarter. Bell Investment Advisors Inc grew 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 worth $32,000 after purchasing an additional 784 shares during the period. Headlands Technologies LLC raised its stake in shares of Vishay Intertechnology by 95.7% during the 1st quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company’s stock valued at $36,000 after buying an additional 774 shares during the last quarter. Finally, EntryPoint Capital LLC boosted its stake in shares of Vishay Intertechnology by 1,366.2% in the first quarter. EntryPoint Capital LLC now owns 1,950 shares of the semiconductor company’s stock worth $44,000 after buying an additional 1,817 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Trading Down 2.9 %

Shares of Vishay Intertechnology stock opened at $18.37 on Wednesday. The firm has a 50-day simple moving average of $20.04 and a two-hundred day simple moving average of $21.73. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.98 and a current ratio of 2.98. Vishay Intertechnology, Inc. has a fifty-two week low of $17.42 and a fifty-two week high of $25.22. The company has a market cap of $2.51 billion, a P/E ratio of 10.55 and a beta of 1.10.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the firm posted $0.68 EPS. Vishay Intertechnology’s quarterly revenue was down 16.9% compared to the same quarter last year. As a group, equities analysts predict that Vishay Intertechnology, Inc. will post 0.72 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Tuesday, September 10th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.18%. The ex-dividend date was Tuesday, September 10th. Vishay Intertechnology’s payout ratio is presently 22.99%.

Analysts Set New Price Targets

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

Vishay Intertechnology Company 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.