Maxi Investments CY Ltd Takes $3.58 Million Position in Vishay Intertechnology, Inc. $VSH

Maxi Investments CY Ltd purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 66,550 shares of the semiconductor company’s stock, valued at approximately $3,579,000.

Other large investors have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC purchased a new stake in Vishay Intertechnology in the first quarter valued at $574,000. Dimensional Fund Advisors LP increased its position in shares of Vishay Intertechnology by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,102,376 shares of the semiconductor company’s stock worth $127,830,000 after purchasing an additional 208,472 shares during the last quarter. SummitTX Capital L.P. acquired a new stake in shares of Vishay Intertechnology during the 1st quarter worth about $2,555,000. Edgestream Partners L.P. raised its holdings in Vishay Intertechnology by 127.4% in the 1st quarter. Edgestream Partners L.P. now owns 316,191 shares of the semiconductor company’s stock valued at $5,691,000 after buying an additional 177,151 shares during the period. Finally, Mizuho Markets Americas LLC lifted its position in Vishay Intertechnology by 71.0% in the first quarter. Mizuho Markets Americas LLC now owns 963,167 shares of the semiconductor company’s stock valued at $17,337,000 after buying an additional 399,800 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Weiss Ratings raised shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Needham & Company LLC began coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They set a “buy” rating and a $45.00 price objective for the company. Zacks Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Finally, Raymond James Financial assumed coverage on Vishay Intertechnology in a research report on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $33.25.

Vishay Intertechnology Trading Up 0.1%

NYSE VSH opened at $31.65 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.80. The firm has a market cap of $4.85 billion, a price-to-earnings ratio of 166.59 and a beta of 1.81. The firm has a 50 day simple moving average of $43.02 and a 200-day simple moving average of $33.77. Vishay Intertechnology, Inc. has a one year low of $11.77 and a one year high of $69.47.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.04. The firm had revenue of $918.58 million for the quarter, compared to the consensus estimate of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.07) EPS. Equities research analysts anticipate that Vishay Intertechnology, Inc. will post 0.86 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.3%. Vishay Intertechnology’s dividend payout ratio is currently 210.53%.

About Vishay Intertechnology

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.