Foundry Partners LLC Reduces Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Foundry Partners LLC lessened its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 95.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,207 shares of the semiconductor company’s stock after selling 362,959 shares during the period. Foundry Partners LLC’s holdings in Vishay Intertechnology were worth $344,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of VSH. Matrix Trust Co acquired a new stake in Vishay Intertechnology in the 3rd quarter valued at approximately $25,000. Massmutual Trust Co. FSB ADV grew its holdings in shares of Vishay Intertechnology by 173.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock worth $30,000 after buying an additional 868 shares during the last quarter. EntryPoint Capital LLC raised its position in Vishay Intertechnology by 1,366.2% during the 1st quarter. EntryPoint Capital LLC now owns 1,950 shares of the semiconductor company’s stock worth $44,000 after buying an additional 1,817 shares during the last quarter. nVerses Capital LLC acquired a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at approximately $45,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vishay Intertechnology by 11,136.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 2,116 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Stock Performance

Vishay Intertechnology stock opened at $15.98 on Friday. The company has a market cap of $2.17 billion, a P/E ratio of 25.77 and a beta of 1.09. Vishay Intertechnology, Inc. has a fifty-two week low of $14.95 and a fifty-two week high of $24.72. 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 firm’s 50 day simple moving average is $17.60 and its 200-day simple moving average is $20.48.

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

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.50%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 64.52%.

Analyst Ratings Changes

VSH has been the subject of a number of recent research reports. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday. TD Cowen cut their price objective on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a report on Thursday, August 8th.

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.