41,675 Shares in Vishay Intertechnology, Inc. (NYSE:VSH) Bought by Kovack Advisors Inc.

Kovack Advisors Inc. purchased a new stake in Vishay Intertechnology, Inc. (NYSE:VSH) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 41,675 shares of the semiconductor company’s stock, valued at approximately $788,000.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of Vishay Intertechnology by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company’s stock valued at $338,366,000 after acquiring an additional 714,275 shares during the period. Deprince Race & Zollo Inc. grew its stake in Vishay Intertechnology by 94.0% in the 2nd quarter. Deprince Race & Zollo Inc. now owns 3,129,207 shares of the semiconductor company’s stock valued at $69,781,000 after acquiring an additional 1,516,368 shares during the period. American Century Companies Inc. increased its holdings in Vishay Intertechnology by 12.7% in the 2nd quarter. American Century Companies Inc. now owns 3,109,768 shares of the semiconductor company’s stock worth $69,348,000 after acquiring an additional 350,512 shares in the last quarter. Principal Financial Group Inc. raised its position in Vishay Intertechnology by 1.2% during the third quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company’s stock worth $48,669,000 after acquiring an additional 30,515 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Vishay Intertechnology by 11.8% during the second quarter. Bank of New York Mellon Corp now owns 1,647,693 shares of the semiconductor company’s stock valued at $36,744,000 after purchasing an additional 174,149 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. TD Cowen decreased their price target on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a research note on Thursday, August 8th. StockNews.com cut Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Monday.

Vishay Intertechnology Trading Down 2.0 %

Shares of VSH opened at $16.33 on Thursday. Vishay Intertechnology, Inc. has a 52-week low of $16.30 and a 52-week high of $24.72. The stock has a market cap of $2.23 billion, a PE ratio of 26.34 and a beta of 1.09. The firm’s fifty day moving average is $17.97 and its two-hundred day moving average is $20.82. The company has a quick ratio of 1.85, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). The business 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%. The business’s revenue was down 13.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Research analysts forecast that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.40 annualized dividend and a dividend yield of 2.45%. Vishay Intertechnology’s dividend payout ratio is presently 64.52%.

Vishay Intertechnology 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.