Bowling Portfolio Management LLC Has $2.50 Million Position in Vishay Intertechnology (VSH)

Bowling Portfolio Management LLC cut its stake in shares of Vishay Intertechnology (NYSE:VSH) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 107,894 shares of the semiconductor company’s stock after selling 2,883 shares during the period. Bowling Portfolio Management LLC’s holdings in Vishay Intertechnology were worth $2,503,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new position in Vishay Intertechnology during the second quarter valued at $124,000. Parametrica Management Ltd purchased a new position in Vishay Intertechnology during the second quarter valued at $205,000. ARP Americas LP purchased a new position in Vishay Intertechnology during the first quarter valued at $186,000. Robeco Institutional Asset Management B.V. purchased a new position in Vishay Intertechnology during the second quarter valued at $240,000. Finally, Element Capital Management LLC purchased a new position in Vishay Intertechnology during the first quarter valued at $215,000.

Several research firms recently weighed in on VSH. TheStreet upgraded Vishay Intertechnology from a “c+” rating to a “b-” rating in a research report on Friday, May 11th. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Friday, May 11th. Stifel Nicolaus reiterated a “hold” rating and set a $24.00 target price on shares of Vishay Intertechnology in a research report on Wednesday, August 8th. Citigroup boosted their price objective on Vishay Intertechnology from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 8th. Finally, ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, June 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $25.50.

Shares of Vishay Intertechnology stock opened at $23.05 on Tuesday. Vishay Intertechnology has a 52 week low of $16.65 and a 52 week high of $26.50. The stock has a market capitalization of $3.34 billion, a PE ratio of 16.12, a price-to-earnings-growth ratio of 1.27 and a beta of 1.36. The company has a current ratio of 3.89, a quick ratio of 3.47 and a debt-to-equity ratio of 0.55.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Tuesday, August 7th. The semiconductor company reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.06. Vishay Intertechnology had a return on equity of 18.51% and a net margin of 1.84%. The business had revenue of $761.03 million for the quarter, compared to the consensus estimate of $767.55 million. equities research analysts anticipate that Vishay Intertechnology will post 2 EPS for the current fiscal year.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.

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

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