Deprince Race & Zollo Inc. Grows Stock Position in Vishay Intertechnology, Inc. $VSH

Deprince Race & Zollo Inc. lifted its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 8.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 3,181,050 shares of the semiconductor company’s stock after buying an additional 247,060 shares during the period. Vishay Intertechnology makes up about 1.1% of Deprince Race & Zollo Inc.’s investment portfolio, making the stock its 19th largest position. Deprince Race & Zollo Inc.’s holdings in Vishay Intertechnology were worth $57,259,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VSH. Pictet Asset Management Holding SA increased its holdings in Vishay Intertechnology by 19.7% during the first quarter. Pictet Asset Management Holding SA now owns 19,859 shares of the semiconductor company’s stock valued at $357,000 after buying an additional 3,271 shares during the last quarter. Louisiana State Employees Retirement System purchased a new position in shares of Vishay Intertechnology during the 1st quarter worth $986,000. Live Oak Private Wealth LLC boosted its stake in shares of Vishay Intertechnology by 0.9% during the 1st quarter. Live Oak Private Wealth LLC now owns 413,745 shares of the semiconductor company’s stock worth $7,447,000 after acquiring an additional 3,610 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in shares of Vishay Intertechnology by 212.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 1,402 shares during the period. Finally, T. Rowe Price Investment Management Inc. bought a new stake in shares of Vishay Intertechnology during the 4th quarter valued at $25,009,000. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on VSH. Bank of America upped their price objective on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research note on Thursday, May 14th. Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Weiss Ratings upgraded Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Finally, Wall Street Zen downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

Vishay Intertechnology Stock Down 4.7%

VSH opened at $51.25 on Thursday. The company has a market capitalization of $6.98 billion, a PE ratio of 5,124.60 and a beta of 1.76. The firm has a 50-day simple moving average of $47.03 and a two-hundred day simple moving average of $28.36. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47. Vishay Intertechnology, Inc. has a 52 week low of $11.77 and a 52 week high of $69.47.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. The firm had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The business’s revenue was up 17.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.03) earnings per share. Analysts forecast that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 4,000.00%.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.