FORA Capital LLC Acquires Shares of 35,329 Vishay Intertechnology, Inc. (NYSE:VSH)

FORA Capital LLC acquired a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,329 shares of the semiconductor company’s stock, valued at approximately $668,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD grew its stake in Vishay Intertechnology by 6.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 80,653 shares of the semiconductor company’s stock worth $1,830,000 after purchasing an additional 4,614 shares in the last quarter. Janus Henderson Group PLC grew its stake in Vishay Intertechnology by 53.7% in the first quarter. Janus Henderson Group PLC now owns 747,269 shares of the semiconductor company’s stock worth $16,947,000 after purchasing an additional 261,175 shares in the last quarter. Tidal Investments LLC boosted its position in Vishay Intertechnology by 118.2% during the 1st quarter. Tidal Investments LLC now owns 30,247 shares of the semiconductor company’s stock valued at $686,000 after acquiring an additional 16,385 shares in the last quarter. Massmutual Trust Co. FSB ADV boosted its position in Vishay Intertechnology by 173.9% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 868 shares in the last quarter. Finally, Cascade Investment Advisors Inc. boosted its position in Vishay Intertechnology by 4.7% during the 2nd quarter. Cascade Investment Advisors Inc. now owns 59,150 shares of the semiconductor company’s stock valued at $1,319,000 after acquiring an additional 2,650 shares in the last quarter. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Intertechnology Stock Performance

Shares of VSH stock opened at $18.96 on Friday. The firm has a market capitalization of $2.58 billion, a price-to-earnings ratio of 30.58 and a beta of 1.09. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. The business has a fifty day moving average of $17.58 and a 200 day moving average of $20.36. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.72.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). The company had revenue of $735.35 million for the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. Vishay Intertechnology’s revenue for the quarter was down 13.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.60 earnings per share. As a group, research analysts expect that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio is currently 64.52%.

Analyst Ratings Changes

Several brokerages have issued reports on VSH. TD Cowen dropped their target price on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a research report on Thursday, August 8th. StockNews.com lowered Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Wednesday.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.