American Century Companies Inc. Acquires 36,791 Shares of Vishay Intertechnology, Inc. $VSH

American Century Companies Inc. boosted its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 0.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 4,180,606 shares of the semiconductor company’s stock after acquiring an additional 36,791 shares during the period. American Century Companies Inc.’s holdings in Vishay Intertechnology were worth $63,963,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Vishay Intertechnology by 2.3% during the third quarter. Vanguard Group Inc. now owns 16,617,109 shares of the semiconductor company’s stock worth $254,242,000 after purchasing an additional 375,378 shares during the period. Norges Bank acquired a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at approximately $84,496,000. Bragg Financial Advisors Inc boosted its stake in Vishay Intertechnology by 11.3% during the 2nd quarter. Bragg Financial Advisors Inc now owns 1,762,937 shares of the semiconductor company’s stock worth $27,995,000 after acquiring an additional 178,496 shares during the last quarter. Allianz Asset Management GmbH grew its holdings in Vishay Intertechnology by 38.4% during the third quarter. Allianz Asset Management GmbH now owns 1,622,940 shares of the semiconductor company’s stock valued at $24,831,000 after purchasing an additional 450,474 shares during the period. Finally, Systematic Financial Management LP grew its holdings in Vishay Intertechnology by 1.9% during the second quarter. Systematic Financial Management LP now owns 1,543,740 shares of the semiconductor company’s stock valued at $24,515,000 after purchasing an additional 29,523 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on VSH. JPMorgan Chase & Co. increased their target price on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Bank of America raised their price objective on Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research note on Thursday, January 22nd. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Zacks Research downgraded Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $18.00.

Vishay Intertechnology Stock Down 0.9%

Shares of VSH stock opened at $17.79 on Thursday. The firm’s fifty day moving average price is $18.11 and its two-hundred day moving average price is $16.20. Vishay Intertechnology, Inc. has a 1 year low of $10.35 and a 1 year high of $22.00. The company has a current ratio of 2.62, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $2.42 billion, a P/E ratio of -254.11 and a beta of 1.14.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The company had revenue of $800.92 million during the quarter, compared to the consensus estimate of $790.47 million. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, equities analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, March 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.2%. Vishay Intertechnology’s dividend payout ratio is currently -571.43%.

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.