Deprince Race & Zollo Inc. Boosts Stock Position in Vishay Intertechnology, Inc. $VSH

Deprince Race & Zollo Inc. boosted its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 8.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,181,050 shares of the semiconductor company’s stock after buying an additional 247,060 shares during the period. Vishay Intertechnology makes up about 1.1% of Deprince Race & Zollo Inc.’s investment portfolio, making the stock its 19th largest holding. Deprince Race & Zollo Inc. owned 2.34% of Vishay Intertechnology worth $57,259,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in VSH. Rockefeller Capital Management L.P. boosted its holdings in Vishay Intertechnology by 212.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 1,402 shares in the last quarter. Quarry LP bought a new position in shares of Vishay Intertechnology during the third quarter valued at $39,000. Empowered Funds LLC purchased a new position in shares of Vishay Intertechnology in the 4th quarter worth about $57,000. Hantz Financial Services Inc. raised its position in shares of Vishay Intertechnology by 255.8% in the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 3,684 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp bought a new position in Vishay Intertechnology in the 4th quarter worth about $87,000. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Down 4.7%

VSH opened at $51.25 on Thursday. The stock has a market capitalization of $6.98 billion, a price-to-earnings ratio of 5,124.60 and a beta of 1.76. The firm has a 50 day moving average price of $47.03 and a 200-day moving average price of $28.36. Vishay Intertechnology, Inc. has a twelve month low of $11.77 and a twelve month high of $69.47. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. The company had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The firm’s quarterly revenue was up 17.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.03) earnings per share. Equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 18th were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.40 annualized dividend and a dividend yield of 0.8%. Vishay Intertechnology’s payout ratio is presently 4,000.00%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VSH. Wall Street Zen downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Finally, Bank of America raised their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $24.00.

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.