Schwab Charles Investment Management Inc. Has $23.11 Million Holdings in Vishay Intertechnology, Inc. (VSH)

Schwab Charles Investment Management Inc. raised its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 3.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,229,309 shares of the semiconductor company’s stock after purchasing an additional 37,655 shares during the quarter. Schwab Charles Investment Management Inc. owned approximately 0.84% of Vishay Intertechnology worth $23,112,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Schroder Investment Management Group grew its stake in Vishay Intertechnology by 11.5% in the third quarter. Schroder Investment Management Group now owns 7,205,858 shares of the semiconductor company’s stock valued at $134,750,000 after purchasing an additional 744,701 shares in the last quarter. LSV Asset Management grew its stake in Vishay Intertechnology by 2.6% in the second quarter. LSV Asset Management now owns 7,144,985 shares of the semiconductor company’s stock valued at $118,606,000 after purchasing an additional 178,200 shares in the last quarter. Fisher Asset Management LLC grew its stake in Vishay Intertechnology by 3.5% in the third quarter. Fisher Asset Management LLC now owns 4,987,610 shares of the semiconductor company’s stock valued at $93,767,000 after purchasing an additional 166,653 shares in the last quarter. State Street Corp grew its stake in Vishay Intertechnology by 6.5% in the second quarter. State Street Corp now owns 4,824,475 shares of the semiconductor company’s stock valued at $80,084,000 after purchasing an additional 295,455 shares in the last quarter. Finally, Macquarie Group Ltd. grew its stake in Vishay Intertechnology by 2.0% in the second quarter. Macquarie Group Ltd. now owns 4,005,711 shares of the semiconductor company’s stock valued at $66,495,000 after purchasing an additional 79,781 shares in the last quarter.

A number of research analysts have weighed in on VSH shares. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 price target for the company in a research note on Thursday, October 5th. Citigroup raised their price target on Vishay Intertechnology from $16.00 to $19.00 and gave the company a “sell” rating in a research note on Friday, October 27th. Stifel Nicolaus raised their price target on Vishay Intertechnology from $18.00 to $20.00 and gave the company a “hold” rating in a research note on Friday, October 27th. Finally, BidaskClub downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. Vishay Intertechnology currently has an average rating of “Hold” and an average price target of $20.33.

Shares of Vishay Intertechnology, Inc. (VSH) traded up $0.65 during midday trading on Friday, hitting $21.00. The stock had a trading volume of 2,843,801 shares, compared to its average volume of 1,378,263. The company has a debt-to-equity ratio of 0.38, a current ratio of 4.33 and a quick ratio of 3.44. Vishay Intertechnology, Inc. has a one year low of $15.35 and a one year high of $23.45. The company has a market cap of $2,991.51, a P/E ratio of 16.41, a P/E/G ratio of 0.70 and a beta of 1.19.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Thursday, October 26th. The semiconductor company reported $0.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.05. Vishay Intertechnology had a return on equity of 11.77% and a net margin of 4.34%. The company had revenue of $677.90 million during the quarter, compared to the consensus estimate of $660.32 million. During the same period in the previous year, the company posted $0.25 EPS. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. equities analysts predict that Vishay Intertechnology, Inc. will post 1.41 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th will be paid a dividend of $0.0675 per share. This is an increase from Vishay Intertechnology’s previous quarterly dividend of $0.06. This represents a $0.27 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Wednesday, December 6th. Vishay Intertechnology’s payout ratio is currently 39.71%.

In related news, Director Abraham Ludomirski sold 20,000 shares of Vishay Intertechnology stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $21.79, for a total transaction of $435,800.00. Following the completion of the sale, the director now directly owns 86,232 shares of the company’s stock, valued at approximately $1,878,995.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Gerald Paul sold 50,000 shares of Vishay Intertechnology stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $21.37, for a total value of $1,068,500.00. Following the sale, the chief executive officer now directly owns 162,986 shares of the company’s stock, valued at $3,483,010.82. The disclosure for this sale can be found here. Insiders own 7.91% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This article was first posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://sportsperspectives.com/2017/12/16/schwab-charles-investment-management-inc-has-23-11-million-holdings-in-vishay-intertechnology-inc-vsh.html.

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.

Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

Receive News & Ratings for Vishay Intertechnology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply