DekaBank Deutsche Girozentrale Purchases 36,424 Shares of Vishay Intertechnology (NYSE:VSH)

DekaBank Deutsche Girozentrale grew its holdings in shares of Vishay Intertechnology (NYSE:VSH) by 72.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 87,015 shares of the semiconductor company’s stock after acquiring an additional 36,424 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.06% of Vishay Intertechnology worth $2,075,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. purchased a new stake in Vishay Intertechnology in the 1st quarter valued at $37,000. Oregon Public Employees Retirement Fund grew its stake in Vishay Intertechnology by 1,701.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 939,780 shares of the semiconductor company’s stock valued at $52,000 after purchasing an additional 887,599 shares during the period. Strs Ohio grew its stake in Vishay Intertechnology by 41.7% in the 4th quarter. Strs Ohio now owns 8,500 shares of the semiconductor company’s stock valued at $153,000 after purchasing an additional 2,500 shares during the period. SG Americas Securities LLC grew its stake in Vishay Intertechnology by 17.3% in the 4th quarter. SG Americas Securities LLC now owns 10,506 shares of the semiconductor company’s stock valued at $189,000 after purchasing an additional 1,553 shares during the period. Finally, Stifel Financial Corp bought a new position in Vishay Intertechnology in the 4th quarter valued at $214,000. Institutional investors own 89.54% of the company’s stock.

A number of research analysts have issued reports on the company. Zacks Investment Research downgraded Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 12th. Cowen initiated coverage on Vishay Intertechnology in a research note on Tuesday, May 21st. They issued a “market perform” rating and a $17.00 target price for the company. Finally, ValuEngine downgraded Vishay Intertechnology from a “sell” rating to a “strong sell” rating in a research note on Monday, May 13th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. Vishay Intertechnology has an average rating of “Hold” and a consensus price target of $23.20.

Vishay Intertechnology stock traded up $0.34 during trading hours on Friday, reaching $16.52. The company had a trading volume of 1,853,083 shares, compared to its average volume of 1,136,215. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of 7.79, a price-to-earnings-growth ratio of 1.09 and a beta of 1.55. Vishay Intertechnology has a 12-month low of $15.06 and a 12-month high of $26.50. The stock has a 50-day simple moving average of $15.99. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.25 and a current ratio of 3.09.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Thursday, May 9th. The semiconductor company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.01. Vishay Intertechnology had a return on equity of 23.80% and a net margin of 11.72%. The company had revenue of $745.16 million for the quarter, compared to analyst estimates of $754.26 million. During the same period in the previous year, the company posted $0.40 earnings per share. The firm’s revenue was up 4.0% on a year-over-year basis. Analysts anticipate that Vishay Intertechnology will post 1.65 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Thursday, June 13th were paid a dividend of $0.095 per share. This is a boost from Vishay Intertechnology’s previous quarterly dividend of $0.09. The ex-dividend date was Wednesday, June 12th. This represents a $0.38 dividend on an annualized basis and a yield of 2.30%. Vishay Intertechnology’s payout ratio is presently 17.92%.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.

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Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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