Sensato Investors LLC raised its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 41.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,700,526 shares of the semiconductor company’s stock after buying an additional 498,725 shares during the period. Vishay Intertechnology makes up 4.6% of Sensato Investors LLC’s holdings, making the stock its 3rd largest position. Sensato Investors LLC’s holdings in Vishay Intertechnology were worth $27,974,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Russell Investments Group Ltd. acquired a new position in shares of Vishay Intertechnology during the fourth quarter worth about $5,397,000. Comerica Bank increased its position in Vishay Intertechnology by 5.6% in the fourth quarter. Comerica Bank now owns 100,559 shares of the semiconductor company’s stock valued at $1,689,000 after buying an additional 5,341 shares during the last quarter. State Street Corp increased its position in Vishay Intertechnology by 1.0% in the fourth quarter. State Street Corp now owns 4,476,042 shares of the semiconductor company’s stock valued at $72,518,000 after buying an additional 43,968 shares during the last quarter. Marshall Wace LLP increased its position in Vishay Intertechnology by 220.4% in the fourth quarter. Marshall Wace LLP now owns 80,814 shares of the semiconductor company’s stock valued at $1,309,000 after buying an additional 55,593 shares during the last quarter. Finally, Elkfork Partners LLC purchased a new position in Vishay Intertechnology during the fourth quarter valued at $116,000.
Vishay Intertechnology, Inc. (VSH) traded up 1.21% on Monday, hitting $16.75. The stock had a trading volume of 1,949,303 shares. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of 43.85 and a beta of 1.11. The firm has a 50-day moving average of $16.59 and a 200 day moving average of $16.28. Vishay Intertechnology, Inc. has a 52 week low of $11.68 and a 52 week high of $17.60.
Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Wednesday, May 3rd. The semiconductor company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.05. Vishay Intertechnology had a return on equity of 8.68% and a net margin of 2.44%. The company had revenue of $606 million during the quarter, compared to analyst estimates of $598.72 million. During the same period in the prior year, the company earned $0.19 earnings per share. The firm’s revenue was up 6.2% on a year-over-year basis. On average, analysts predict that Vishay Intertechnology, Inc. will post $1.20 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 29th. Investors of record on Thursday, June 15th will be paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Tuesday, June 13th. Vishay Intertechnology’s payout ratio is presently 67.57%.
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VSH has been the subject of several research reports. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research note on Friday, April 14th. ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $16.50.
In related news, insider Gerald Paul sold 77,334 shares of the stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $16.56, for a total transaction of $1,280,651.04. Following the completion of the transaction, the insider now directly owns 340,320 shares of the company’s stock, valued at $5,635,699.20. The sale was disclosed in a filing with the SEC, which is available through this link. 7.91% of the stock is currently owned by corporate insiders.
Vishay Intertechnology Company 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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