Cerebellum GP LLC lifted its holdings in Vishay Intertechnology (NYSE:VSH) by 620.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,858 shares of the semiconductor company’s stock after acquiring an additional 10,212 shares during the quarter. Cerebellum GP LLC’s holdings in Vishay Intertechnology were worth $219,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Texas Permanent School Fund lifted its stake in shares of Vishay Intertechnology by 3.8% in the 1st quarter. Texas Permanent School Fund now owns 89,776 shares of the semiconductor company’s stock valued at $1,658,000 after purchasing an additional 3,320 shares during the period. Jane Street Group LLC increased its position in shares of Vishay Intertechnology by 139.4% in the 4th quarter. Jane Street Group LLC now owns 63,740 shares of the semiconductor company’s stock valued at $1,148,000 after buying an additional 37,117 shares in the last quarter. Strs Ohio increased its position in shares of Vishay Intertechnology by 8.2% in the 1st quarter. Strs Ohio now owns 9,200 shares of the semiconductor company’s stock valued at $169,000 after buying an additional 700 shares in the last quarter. Bank of America Corp DE increased its position in shares of Vishay Intertechnology by 26.6% in the 4th quarter. Bank of America Corp DE now owns 1,242,310 shares of the semiconductor company’s stock valued at $22,374,000 after buying an additional 261,277 shares in the last quarter. Finally, First Hawaiian Bank increased its position in shares of Vishay Intertechnology by 15.3% in the 1st quarter. First Hawaiian Bank now owns 23,208 shares of the semiconductor company’s stock valued at $429,000 after buying an additional 3,078 shares in the last quarter. 89.54% of the stock is currently owned by institutional investors and hedge funds.
VSH has been the subject of a number of recent analyst reports. Zacks Investment Research cut shares of G1 Therapeutics from a “buy” rating to a “hold” rating in a research report on Thursday, May 16th. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Monday, May 13th. Finally, Cowen initiated coverage on Littelfuse in a report on Tuesday, May 21st. They set an “outperform” rating and a $210.00 target price for the company. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $23.20.
Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Thursday, May 9th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.01. Vishay Intertechnology had a net margin of 11.72% and a return on equity of 23.80%. The business had revenue of $745.16 million during the quarter, compared to the consensus estimate of $754.26 million. During the same period last year, the business posted $0.40 EPS. Vishay Intertechnology’s revenue was up 4.0% on a year-over-year basis. Equities analysts predict that Vishay Intertechnology will post 1.51 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, June 13th were paid a $0.095 dividend. This is an increase from Vishay Intertechnology’s previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend was Wednesday, June 12th. Vishay Intertechnology’s dividend payout ratio (DPR) is 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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