Quantbot Technologies LP Makes New Investment in Vishay Intertechnology, Inc. $VSH

Quantbot Technologies LP bought a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the second quarter, Holdings Channel.com reports. The firm bought 22,582 shares of the semiconductor company’s stock, valued at approximately $1,214,000.

Several other hedge funds have also modified their holdings of the stock. Carolina Wealth Advisors LLC bought a new position in Vishay Intertechnology in the 2nd quarter worth approximately $32,000. Rakuten Securities Inc. acquired a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at $47,000. Allworth Financial LP acquired a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at $54,000. Rockefeller Capital Management L.P. increased its stake in shares of Vishay Intertechnology by 212.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 1,402 shares during the period. Finally, Quarry LP bought a new stake in shares of Vishay Intertechnology during the third quarter worth $39,000. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Stock Performance

VSH stock opened at $31.39 on Wednesday. The business’s fifty day moving average is $41.78 and its 200-day moving average is $33.92. The company has a quick ratio of 1.27, a current ratio of 1.80 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.81 billion, a P/E ratio of 165.19 and a beta of 1.81. Vishay Intertechnology, Inc. has a twelve month low of $11.77 and a twelve month high of $69.47.

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

Vishay Intertechnology Announces Dividend

The business also recently announced 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. This represents a $0.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 10th. Vishay Intertechnology’s payout ratio is presently 210.53%.

Analyst Ratings Changes

Several brokerages have recently issued reports on VSH. Wall Street Zen raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Raymond James Financial initiated coverage on Vishay Intertechnology in a report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price objective for the company. 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 target price on the stock. Bank of America raised their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research note on Thursday, May 14th. Finally, Zacks Research lowered shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $33.25.

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.