Deroy & Devereaux Private Investment Counsel Inc. Has $18.75 Million Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Deroy & Devereaux Private Investment Counsel Inc. reduced its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 0.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,106,808 shares of the semiconductor company’s stock after selling 806 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. owned approximately 0.81% of Vishay Intertechnology worth $18,749,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Mountaineer Partners Management LLC raised its position in Vishay Intertechnology by 924.9% during the third quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock valued at $394,161,000 after purchasing an additional 18,810,325 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Vishay Intertechnology by 2.5% during the third quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock worth $50,548,000 after buying an additional 66,268 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of 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 buying an additional 30,515 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Vishay Intertechnology by 17.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company’s stock worth $32,336,000 after buying an additional 248,741 shares in the last quarter. Finally, Systematic Financial Management LP increased its holdings in shares of Vishay Intertechnology by 15.1% during the third quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company’s stock worth $26,253,000 after buying an additional 182,212 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Thursday, December 26th. JPMorgan Chase & Co. assumed coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 price target for the company.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $16.91 on Friday. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 27.27 and a beta of 1.13. Vishay Intertechnology, Inc. has a twelve month low of $14.95 and a twelve month high of $24.68. The stock has a fifty day simple moving average of $17.35 and a 200 day simple moving average of $18.51. 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 data 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 company had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The business’s revenue for the quarter was down 13.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.60 earnings per share. Sell-side analysts expect that Vishay Intertechnology, Inc. will post 0.56 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 2.37%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 64.52%.

Insider Buying and Selling at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 20,359 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $16.71, for a total transaction of $340,198.89. Following the transaction, the chairman now owns 32,957 shares of the company’s stock, valued at $550,711.47. This represents a 38.19 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 8.14% of the company’s stock.

About Vishay Intertechnology

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.