Deprince Race & Zollo Inc. Has $67.07 Million Stake in Vishay Intertechnology, Inc. $VSH

Deprince Race & Zollo Inc. trimmed its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 27.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,383,408 shares of the semiconductor company’s stock after selling 1,686,249 shares during the period. Vishay Intertechnology makes up approximately 1.3% of Deprince Race & Zollo Inc.’s investment portfolio, making the stock its 13th largest holding. Deprince Race & Zollo Inc.’s holdings in Vishay Intertechnology were worth $67,066,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Royal Bank of Canada lifted its stake in Vishay Intertechnology by 26.6% in the 1st quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company’s stock valued at $1,142,000 after acquiring an additional 15,079 shares in the last quarter. Alight Capital Management LP increased its stake in Vishay Intertechnology by 25.0% in the 1st quarter. Alight Capital Management LP now owns 125,000 shares of the semiconductor company’s stock valued at $1,988,000 after buying an additional 25,000 shares during the last quarter. Banque Transatlantique SA bought a new stake in Vishay Intertechnology during the first quarter worth about $126,000. Invenomic Capital Management LP increased its position in shares of Vishay Intertechnology by 30.1% during the 1st quarter. Invenomic Capital Management LP now owns 871,471 shares of the semiconductor company’s stock worth $13,856,000 after purchasing an additional 201,597 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Vishay Intertechnology by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,123 shares of the semiconductor company’s stock worth $1,179,000 after purchasing an additional 2,250 shares in the last quarter. 93.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VSH. Weiss Ratings restated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, Zacks Research raised shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vishay Intertechnology currently has a consensus rating of “Reduce”.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock opened at $15.01 on Friday. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of -26.34 and a beta of 1.14. The company has a current ratio of 2.67, a quick ratio of 1.60 and a debt-to-equity ratio of 0.44. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $19.81. The stock’s 50 day moving average is $14.93 and its 200-day moving average is $15.52.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, November 5th. The semiconductor company reported $0.04 earnings per share for the quarter, hitting the consensus estimate of $0.04. Vishay Intertechnology had a negative return on equity of 0.36% and a negative net margin of 2.56%.The business had revenue of $790.64 million during the quarter, compared to analysts’ expectations of $779.81 million. During the same period last year, the firm posted $0.08 EPS. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. Equities research analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, December 3rd were paid a $0.10 dividend. The ex-dividend date was Wednesday, December 3rd. This represents a $0.40 annualized dividend and a dividend yield of 2.7%. Vishay Intertechnology’s dividend payout ratio is -70.18%.

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.