IHT Wealth Management LLC continued to hold its stake in Vishay Intertechnology, Inc. (NYSE:VSH) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66 shares of the semiconductor company’s stock at the end of the 2nd quarter. IHT Wealth Management LLC’s holdings in Vishay Intertechnology were worth $196,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. US Bancorp DE increased its position in shares of Vishay Intertechnology by 0.5% during the first quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock worth $144,000 after acquiring an additional 45 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of Vishay Intertechnology by 1.2% during the first quarter. Massachusetts Financial Services Co. MA now owns 18,468 shares of the semiconductor company’s stock worth $304,000 after acquiring an additional 219 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Vishay Intertechnology by 2.5% during the first quarter. Envestnet Asset Management Inc. now owns 12,657 shares of the semiconductor company’s stock worth $208,000 after acquiring an additional 308 shares during the period. Northwestern Mutual Investment Management Company LLC increased its position in shares of Vishay Intertechnology by 1.4% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 23,404 shares of the semiconductor company’s stock worth $290,000 after acquiring an additional 321 shares during the period. Finally, Advantus Capital Management Inc increased its position in shares of Vishay Intertechnology by 3.1% during the first quarter. Advantus Capital Management Inc now owns 17,150 shares of the semiconductor company’s stock worth $282,000 after acquiring an additional 515 shares during the period.
A number of research firms have recently weighed in on VSH. Zacks Investment Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective on the stock in a research report on Thursday, October 5th. BidaskClub raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $17.00 price objective on shares of Vishay Intertechnology in a research report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $19.50.
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Vishay Intertechnology, Inc. (VSH) traded down 0.72% during mid-day trading on Wednesday, hitting $20.65. The stock had a trading volume of 126,746 shares. The company has a 50 day moving average price of $18.25 and a 200-day moving average price of $17.14. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 55.81 and a beta of 1.24. Vishay Intertechnology, Inc. has a one year low of $13.66 and a one year high of $20.95.
Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.02. Vishay Intertechnology had a net margin of 3.34% and a return on equity of 9.89%. The firm had revenue of $644.89 million for the quarter, compared to the consensus estimate of $643.19 million. During the same quarter in the previous year, the firm posted $0.23 EPS. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. Equities analysts expect that Vishay Intertechnology, Inc. will post $1.35 earnings per share for the current fiscal year.
Vishay Intertechnology announced that its board has initiated a stock buyback program on Wednesday, August 2nd that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the semiconductor company to buy up to 5.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 28th. Investors of record on Friday, September 15th were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Thursday, September 14th. Vishay Intertechnology’s dividend payout ratio (DPR) is 49.02%.
Vishay Intertechnology Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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