Olstein Capital Management L.P. Raises Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Olstein Capital Management L.P. boosted its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 26.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 104,000 shares of the semiconductor company’s stock after buying an additional 22,000 shares during the period. Olstein Capital Management L.P. owned 0.08% of Vishay Intertechnology worth $2,359,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hotchkis & Wiley Capital Management LLC boosted its position in Vishay Intertechnology by 12.2% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 478,100 shares of the semiconductor company’s stock valued at $11,460,000 after purchasing an additional 52,050 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Vishay Intertechnology by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 14,204,857 shares of the semiconductor company’s stock valued at $340,490,000 after buying an additional 68,418 shares in the last quarter. Alexander Randolph Advisory Inc. purchased a new position in shares of Vishay Intertechnology in the 4th quarter worth approximately $1,826,000. Live Oak Private Wealth LLC bought a new position in shares of Vishay Intertechnology during the 4th quarter worth approximately $4,791,000. Finally, Jump Financial LLC purchased a new stake in Vishay Intertechnology during the fourth quarter valued at approximately $439,000. Institutional investors own 93.66% of the company’s stock.

Analyst Ratings Changes

Separately, Stifel Nicolaus reaffirmed a “buy” rating and issued a $25.00 price target on shares of Vishay Intertechnology in a report on Wednesday, April 3rd.

Vishay Intertechnology Stock Up 1.3 %

NYSE VSH traded up $0.28 during trading on Wednesday, hitting $22.24. The company’s stock had a trading volume of 382,198 shares, compared to its average volume of 1,207,403. Vishay Intertechnology, Inc. has a fifty-two week low of $20.83 and a fifty-two week high of $30.10. The company has a market cap of $3.05 billion, a PE ratio of 12.61 and a beta of 1.12. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 2.08. The business’s 50 day simple moving average is $22.91 and its 200-day simple moving average is $22.57.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, May 8th. The semiconductor company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02. Vishay Intertechnology had a net margin of 7.41% and a return on equity of 11.95%. The company had revenue of $746.30 million during the quarter, compared to analysts’ expectations of $735.96 million. During the same period last year, the business earned $0.79 EPS. Vishay Intertechnology’s revenue for the quarter was down 14.3% on a year-over-year basis. On average, equities analysts anticipate that Vishay Intertechnology, Inc. will post 0.87 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, June 13th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend was Thursday, June 13th. Vishay Intertechnology’s payout ratio is 22.99%.

Insider Buying and Selling

In other Vishay Intertechnology news, Director John Malvisi purchased 8,929 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The shares were bought at an average price of $22.60 per share, for a total transaction of $201,795.40. Following the acquisition, the director now owns 16,438 shares in the company, valued at $371,498.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 8.14% of the company’s stock.

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.