Cascade Investment Advisors Inc. Buys 1,300 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Cascade Investment Advisors Inc. grew its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 2.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 60,450 shares of the semiconductor company’s stock after purchasing an additional 1,300 shares during the quarter. Cascade Investment Advisors Inc.’s holdings in Vishay Intertechnology were worth $1,143,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in VSH. Rise Advisors LLC purchased a new position in shares of Vishay Intertechnology in the first quarter valued at about $27,000. Massmutual Trust Co. FSB ADV increased its holdings in Vishay Intertechnology by 173.9% during the 2nd 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 period. Bell Investment Advisors Inc raised 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 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 worth $36,000 after buying an additional 774 shares during the period. Finally, EntryPoint Capital LLC grew 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 buying an additional 1,817 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Trading Down 0.7 %

VSH opened at $18.23 on Thursday. The stock has a market cap of $2.50 billion, a PE ratio of 10.48 and a beta of 1.09. The business has a 50 day moving average of $19.93 and a 200-day moving average of $21.70. Vishay Intertechnology, Inc. has a 52 week low of $17.42 and a 52 week high of $24.85. The company has a quick ratio of 1.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last released its 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 net margin of 5.48% and a return on equity of 8.72%. The firm had revenue of $741.20 million for the quarter, compared to the consensus estimate of $754.71 million. During the same period in the prior year, the firm earned $0.68 EPS. The company’s revenue was down 16.9% compared to the same quarter last year. Equities research analysts predict that Vishay Intertechnology, Inc. will post 0.72 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Tuesday, September 10th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.19%. The ex-dividend date was Tuesday, September 10th. Vishay Intertechnology’s dividend payout ratio (DPR) is 22.99%.

Analysts Set New Price Targets

Separately, TD Cowen dropped their price target on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research note 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.