Marshall Wace LLP increased its holdings in shares of Vishay Intertechnology (NYSE:VSH) by 249.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,148,664 shares of the semiconductor company’s stock after acquiring an additional 819,797 shares during the period. Marshall Wace LLP owned approximately 0.80% of Vishay Intertechnology worth $23,375,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Arizona State Retirement System boosted its holdings in Vishay Intertechnology by 2.7% in the 2nd quarter. Arizona State Retirement System now owns 91,727 shares of the semiconductor company’s stock worth $2,128,000 after buying an additional 2,417 shares during the last quarter. Legal & General Group Plc boosted its holdings in Vishay Intertechnology by 1.6% in the 3rd quarter. Legal & General Group Plc now owns 175,308 shares of the semiconductor company’s stock worth $3,567,000 after buying an additional 2,829 shares during the last quarter. Mutual of America Capital Management LLC boosted its holdings in Vishay Intertechnology by 2.8% in the 2nd quarter. Mutual of America Capital Management LLC now owns 117,599 shares of the semiconductor company’s stock worth $2,728,000 after buying an additional 3,167 shares during the last quarter. Brookstone Capital Management boosted its holdings in Vishay Intertechnology by 16.4% in the 3rd quarter. Brookstone Capital Management now owns 25,209 shares of the semiconductor company’s stock worth $513,000 after buying an additional 3,555 shares during the last quarter. Finally, American International Group Inc. boosted its holdings in Vishay Intertechnology by 1.2% in the 3rd quarter. American International Group Inc. now owns 354,113 shares of the semiconductor company’s stock worth $7,206,000 after buying an additional 4,312 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.
Several research firms recently issued reports on VSH. Zacks Investment Research cut Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Monday, December 3rd. ValuEngine raised shares of Vishay Intertechnology from a “strong sell” rating to a “sell” rating in a research note on Tuesday, November 27th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Vishay Intertechnology presently has a consensus rating of “Hold” and a consensus price target of $25.00.
VSH opened at $19.49 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.82 and a current ratio of 3.71. Vishay Intertechnology has a 1-year low of $16.87 and a 1-year high of $26.50. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 10.59, a price-to-earnings-growth ratio of 1.08 and a beta of 1.35.
Vishay Intertechnology (NYSE:VSH) last released its earnings results on Tuesday, October 30th. The semiconductor company reported $0.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.07. Vishay Intertechnology had a net margin of 2.24% and a return on equity of 20.82%. The business had revenue of $780.97 million for the quarter, compared to analyst estimates of $779.78 million. During the same period last year, the company posted $0.42 EPS. The business’s revenue was up 15.2% on a year-over-year basis. Sell-side analysts forecast that Vishay Intertechnology will post 2.05 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 20th. Shareholders of record on Thursday, December 6th will be paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Wednesday, December 5th. Vishay Intertechnology’s dividend payout ratio (DPR) is 23.78%.
In other Vishay Intertechnology news, Director Thomas C. Wertheimer sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 12th. The shares were sold at an average price of $20.88, for a total value of $208,800.00. Following the transaction, the director now directly owns 51,137 shares of the company’s stock, valued at approximately $1,067,740.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 7.91% of the company’s stock.
About Vishay Intertechnology
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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