Vise Technologies Inc. Takes $1.22 Million Position in Vishay Intertechnology, Inc. $VSH

Vise Technologies Inc. purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the 2nd quarter, Holdings Channel reports. The fund purchased 22,632 shares of the semiconductor company’s stock, valued at approximately $1,217,000.

Several other hedge funds have also recently bought and sold shares of the business. Rockefeller Capital Management L.P. grew its stake in Vishay Intertechnology by 212.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 1,402 shares in the last quarter. Carolina Wealth Advisors LLC acquired a new position in shares of Vishay Intertechnology in the 2nd quarter valued at about $32,000. Quarry LP purchased a new stake in shares of Vishay Intertechnology in the third quarter worth approximately $39,000. Empowered Funds LLC purchased a new stake in shares of Vishay Intertechnology in the fourth quarter worth approximately $57,000. Finally, Hantz Financial Services Inc. boosted its holdings in shares of Vishay Intertechnology by 255.8% during the fourth quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 3,684 shares during the period. 93.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on VSH. Bank of America boosted their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. Raymond James Financial assumed coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 target price for the company. Needham & Company LLC initiated coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They issued a “buy” rating and a $45.00 target price for the company. Zacks Research lowered shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Wall Street Zen upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Vishay Intertechnology presently has a consensus rating of “Hold” and an average price target of $33.25.

Vishay Intertechnology Stock Down 0.6%

Shares of Vishay Intertechnology stock opened at $31.65 on Friday. The firm has a market cap of $4.85 billion, a price-to-earnings ratio of 166.59 and a beta of 1.81. The stock has a 50-day simple moving average of $43.02 and a 200-day simple moving average of $33.68. Vishay Intertechnology, Inc. has a 52-week low of $11.77 and a 52-week high of $69.47. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. The firm had revenue of $918.58 million for the quarter, compared to the consensus estimate of $897.03 million. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%.The firm’s revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.07) earnings per share. On average, equities research analysts expect that Vishay Intertechnology, Inc. will post 0.86 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 10th. Vishay Intertechnology’s payout ratio is currently 210.53%.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.