Keybank National Association OH Makes New Investment in Vishay Intertechnology, Inc. $VSH

Keybank National Association OH bought a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,311 shares of the semiconductor company’s stock, valued at approximately $222,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. ProShare Advisors LLC lifted its stake in Vishay Intertechnology by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 23,569 shares of the semiconductor company’s stock worth $342,000 after acquiring an additional 699 shares during the period. State of Alaska Department of Revenue lifted its position in shares of Vishay Intertechnology by 0.3% during the fourth quarter. State of Alaska Department of Revenue now owns 248,135 shares of the semiconductor company’s stock valued at $3,595,000 after buying an additional 743 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of Vishay Intertechnology by 7.4% in the 2nd quarter. Corient Private Wealth LLC now owns 18,598 shares of the semiconductor company’s stock worth $295,000 after buying an additional 1,288 shares during the last quarter. Verdence Capital Advisors LLC boosted its stake in Vishay Intertechnology by 4.2% in the fourth quarter. Verdence Capital Advisors LLC now owns 34,439 shares of the semiconductor company’s stock valued at $499,000 after acquiring an additional 1,399 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of Vishay Intertechnology by 212.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 1,402 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Trading Up 1.7%

Shares of NYSE:VSH traded up $0.75 during midday trading on Friday, reaching $44.79. 2,896,813 shares of the company’s stock were exchanged, compared to its average volume of 7,676,660. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53. The stock has a market cap of $6.10 billion, a price-to-earnings ratio of 4,478.70 and a beta of 1.76. The firm’s 50 day simple moving average is $49.42 and its two-hundred day simple moving average is $29.71. Vishay Intertechnology, Inc. has a fifty-two week low of $11.77 and a fifty-two week high of $69.47.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. The firm had revenue of $839.24 million for the quarter, compared to the consensus estimate of $823.54 million. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The company’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.03) EPS. As a group, sell-side analysts forecast that Vishay Intertechnology, Inc. will post 0.75 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 18th were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.9%. Vishay Intertechnology’s dividend payout ratio is currently 4,000.00%.

Wall Street Analyst Weigh In

VSH has been the subject of a number of research analyst reports. Wall Street Zen cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings raised shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Finally, Bank of America lifted their target price 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 research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target 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.