Somerset Trust Co Acquires 1,152 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Somerset Trust Co lifted its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 10.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 12,253 shares of the semiconductor company’s stock after buying an additional 1,152 shares during the quarter. Somerset Trust Co’s holdings in Vishay Intertechnology were worth $208,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Mountaineer Partners Management LLC boosted 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 buying an additional 18,810,325 shares during the period. Deprince Race & Zollo Inc. lifted its stake in shares of 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 last quarter. Fisher Asset Management LLC boosted its holdings in Vishay Intertechnology by 2.5% during the 3rd quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock valued at $50,548,000 after acquiring an additional 66,268 shares during the period. Principal Financial Group Inc. grew its position in Vishay Intertechnology by 1.2% during the 3rd 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 last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Vishay Intertechnology by 17.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company’s stock worth $32,336,000 after purchasing an additional 248,741 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Trading Up 0.0 %

VSH opened at $16.52 on Friday. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 26.64 and a beta of 1.13. Vishay Intertechnology, Inc. has a one year low of $14.95 and a one year high of $24.68. The business has a 50 day simple moving average of $17.18 and a two-hundred day simple moving average of $18.95. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (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 company had revenue of $735.35 million for the quarter, compared to analysts’ expectations of $748.84 million. During the same period in the previous year, the firm posted $0.60 earnings per share. The firm’s revenue for the quarter was down 13.9% compared to the same quarter last year. Analysts predict that Vishay Intertechnology, Inc. will post 0.56 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were issued a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.40 annualized dividend and a yield of 2.42%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 64.52%.

Analyst Ratings Changes

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

Insider Buying and Selling at Vishay Intertechnology

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

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.