Pinnacle Associates Ltd. Sells 14,522 Shares of Vishay Intertechnology, Inc. $VSH

Pinnacle Associates Ltd. decreased its position in Vishay Intertechnology, Inc. (NYSE:VSHFree Report) by 5.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 263,217 shares of the semiconductor company’s stock after selling 14,522 shares during the quarter. Pinnacle Associates Ltd. owned about 0.19% of Vishay Intertechnology worth $3,814,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Jones Financial Companies Lllp boosted its position in Vishay Intertechnology by 709.5% during the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 1,575 shares during the period. Quarry LP bought a new stake in Vishay Intertechnology during the third quarter worth approximately $39,000. Mitsubishi UFJ Trust & Banking Corp bought a new stake in Vishay Intertechnology during the fourth quarter worth approximately $87,000. Inscription Capital LLC bought a new stake in Vishay Intertechnology during the third quarter worth approximately $173,000. Finally, Vest Financial LLC bought a new stake in Vishay Intertechnology during the fourth quarter worth approximately $181,000. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Down 1.8%

VSH opened at $37.31 on Friday. Vishay Intertechnology, Inc. has a 1-year low of $11.77 and a 1-year high of $40.07. The company has a current ratio of 2.64, a quick ratio of 1.57 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $5.07 billion, a price-to-earnings ratio of 3,731.20 and a beta of 1.53. The business has a 50 day moving average of $23.43 and a 200-day moving average of $18.94.

Vishay Intertechnology (NYSE:VSHGet Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The company had revenue of $839.24 million during the quarter, compared to analysts’ expectations of $823.54 million. During the same period in the prior year, the business earned ($0.03) earnings per share. Vishay Intertechnology’s revenue for the quarter was up 17.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Vishay Intertechnology, Inc. will post 0.54 earnings per share for the current year.

Analysts Set New Price Targets

VSH has been the subject of a number of recent analyst reports. Weiss Ratings raised Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. Wall Street Zen raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday. Bank of America upped their target price on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research report on Thursday. Argus raised Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. upped their target price on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

View Our Latest Stock Analysis on VSH

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Vishay Intertechnology Profile

(Free Report)

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.

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

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