Quantbot Technologies LP Invests $1.21 Million in Vishay Intertechnology, Inc. $VSH

Quantbot Technologies LP bought a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 22,582 shares of the semiconductor company’s stock, valued at approximately $1,214,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VSH. Rockefeller Capital Management L.P. lifted its stake in Vishay Intertechnology by 212.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 1,402 shares during the period. Carolina Wealth Advisors LLC bought a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at approximately $32,000. Quarry LP bought a new stake in shares of Vishay Intertechnology in the 3rd quarter valued at approximately $39,000. Rakuten Securities Inc. acquired a new position in shares of Vishay Intertechnology in the 2nd quarter worth approximately $47,000. Finally, Allworth Financial LP acquired a new position in shares of Vishay Intertechnology in the 2nd quarter worth approximately $54,000. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Performance

NYSE:VSH opened at $31.39 on Wednesday. The stock has a market capitalization of $4.81 billion, a P/E ratio of 165.19 and a beta of 1.81. The company has a current ratio of 1.80, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08. Vishay Intertechnology, Inc. has a 1 year low of $11.77 and a 1 year high of $69.47. The firm has a 50 day moving average of $41.78 and a 200-day moving average of $33.92.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%.The business had revenue of $918.58 million for the quarter, compared to analyst estimates of $897.03 million. During the same period in the prior year, the company earned ($0.07) EPS. Vishay Intertechnology’s revenue for the quarter was up 16.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Vishay Intertechnology, Inc. will post 0.86 EPS 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. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 10th. Vishay Intertechnology’s dividend payout ratio is presently 210.53%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VSH. Raymond James Financial assumed coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 price target on the stock. Zacks Research lowered Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Weiss Ratings raised Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Bank of America boosted their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research note on Thursday, May 14th. Finally, Needham & Company LLC started coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They issued a “buy” rating and a $45.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $33.25.

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.