Y Intercept Hong Kong Ltd Invests $1.91 Million in Vishay Intertechnology, Inc. $VSH

Y Intercept Hong Kong Ltd purchased a new position in Vishay Intertechnology, Inc. (NYSE:VSH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 124,890 shares of the semiconductor company’s stock, valued at approximately $1,911,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VSH. CWM LLC increased its stake in shares of Vishay Intertechnology by 63.4% during the second quarter. CWM LLC now owns 5,674 shares of the semiconductor company’s stock worth $90,000 after purchasing an additional 2,201 shares in the last quarter. AlphaQuest LLC boosted its holdings in Vishay Intertechnology by 135.6% in the 2nd quarter. AlphaQuest LLC now owns 5,789 shares of the semiconductor company’s stock worth $92,000 after buying an additional 3,332 shares during the last quarter. Hennessy Advisors Inc. acquired a new stake in Vishay Intertechnology in the 2nd quarter worth about $130,000. GAMMA Investing LLC increased its stake in Vishay Intertechnology by 12.2% during the 3rd quarter. GAMMA Investing LLC now owns 9,697 shares of the semiconductor company’s stock worth $148,000 after buying an additional 1,052 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. acquired a new position in shares of Vishay Intertechnology during the third quarter valued at approximately $171,000. 93.66% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, January 21st. Bank of America raised their price objective on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Vishay Intertechnology currently has a consensus rating of “Sell” and an average target price of $16.00.

Vishay Intertechnology Stock Performance

Shares of Vishay Intertechnology stock opened at $20.14 on Friday. The business’s 50 day moving average price is $15.75 and its 200 day moving average price is $15.66. The company has a market cap of $2.73 billion, a price-to-earnings ratio of -35.33 and a beta of 1.12. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.60 and a current ratio of 2.67. Vishay Intertechnology, Inc. has a one year low of $10.35 and a one year high of $20.29.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, November 5th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.04. The business had revenue of $790.64 million during the quarter, compared to the consensus estimate of $779.81 million. Vishay Intertechnology had a negative return on equity of 0.36% and a negative net margin of 2.56%.The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last year, the company earned $0.08 EPS. On average, research analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, December 3rd were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 2.0%. Vishay Intertechnology’s payout ratio is -70.18%.

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.