Hotchkis & Wiley Capital Management LLC reduced its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 20.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 440,680 shares of the semiconductor company's stock after selling 111,940 shares during the period. Hotchkis & Wiley Capital Management LLC owned about 0.32% of Vishay Intertechnology worth $8,333,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VSH. Price T Rowe Associates Inc. MD increased its holdings in Vishay Intertechnology by 6.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 80,653 shares of the semiconductor company's stock valued at $1,830,000 after buying an additional 4,614 shares during the last quarter. Tidal Investments LLC increased its holdings in Vishay Intertechnology by 118.2% during the first quarter. Tidal Investments LLC now owns 30,247 shares of the semiconductor company's stock valued at $686,000 after buying an additional 16,385 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its stake in shares of 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 worth $30,000 after purchasing an additional 868 shares in the last quarter. QRG Capital Management Inc. raised its position in shares of Vishay Intertechnology by 10.0% during the 2nd quarter. QRG Capital Management Inc. now owns 25,568 shares of the semiconductor company's stock valued at $570,000 after purchasing an additional 2,317 shares during the period. Finally, M&G Plc lifted its stake in shares of Vishay Intertechnology by 5.0% during the 2nd quarter. M&G Plc now owns 274,624 shares of the semiconductor company's stock valued at $6,042,000 after buying an additional 13,073 shares in the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.
A number of equities research analysts have commented on the company. TD Cowen decreased their price target on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating on the stock in a report on Thursday, August 8th. StockNews.com raised Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Thursday.
Read Our Latest Research Report on Vishay Intertechnology
VSH stock opened at $18.91 on Thursday. The company has a quick ratio of 1.85, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The business's fifty day simple moving average is $17.61 and its two-hundred day simple moving average is $20.21. Vishay Intertechnology, Inc. has a twelve month low of $14.95 and a twelve month high of $24.72. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of 30.49 and a beta of 1.12.
Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.06). Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The firm had revenue of $735.35 million for the quarter, compared to the consensus estimate of $748.84 million. During the same period in the previous year, the company posted $0.60 EPS. Vishay Intertechnology's quarterly revenue was down 13.9% compared to the same quarter last year. Analysts predict that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Tuesday, December 3rd. Vishay Intertechnology's payout ratio is 64.52%.
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.
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