Dean Capital Management cut its holdings in Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) by 80.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 22,211 shares of the semiconductor company’s stock after selling 94,119 shares during the quarter. Dean Capital Management’s holdings in Vishay Intertechnology were worth $322,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in VSH. Jones Financial Companies Lllp increased its stake in shares of 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 in the last quarter. Quarry LP purchased a new stake in shares of Vishay Intertechnology during the third quarter worth $39,000. Empowered Funds LLC purchased a new stake in Vishay Intertechnology during the 4th quarter valued at about $57,000. Hantz Financial Services Inc. raised its holdings in Vishay Intertechnology by 255.8% in the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock valued at $74,000 after acquiring an additional 3,684 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new position in Vishay Intertechnology in the 4th quarter worth approximately $87,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.
Vishay Intertechnology Price Performance
Shares of VSH opened at $64.69 on Friday. The firm has a market capitalization of $8.80 billion, a price-to-earnings ratio of 6,468.90 and a beta of 1.76. The firm’s fifty day simple moving average is $41.76 and its 200-day simple moving average is $25.92. Vishay Intertechnology, Inc. has a twelve month low of $11.77 and a twelve month high of $69.47. The company has a current ratio of 2.64, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47.
Vishay Intertechnology Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Thursday, June 18th will be paid a $0.10 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.6%. Vishay Intertechnology’s payout ratio is 4,000.00%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on VSH shares. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Weiss Ratings upgraded Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Bank of America raised their target price on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research note on Thursday, May 14th. Finally, Wall Street Zen lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $24.00.
View Our Latest Research Report on VSH
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.
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