Jupiter Topco LLC Acquires New Position in Vishay Intertechnology, Inc. $VSH

Jupiter Topco LLC bought a new position in Vishay Intertechnology, Inc. (NYSE:VSH) in the second quarter, according to its most recent filing with the SEC. The firm bought 54,712 shares of the semiconductor company’s stock, valued at approximately $2,942,000.

Other large investors also recently bought and sold shares of the company. Hsbc Holdings PLC purchased a new position in shares of Vishay Intertechnology in the first quarter worth $574,000. Dimensional Fund Advisors LP lifted its stake in shares of Vishay Intertechnology by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 7,102,376 shares of the semiconductor company’s stock worth $127,830,000 after buying an additional 208,472 shares during the period. SummitTX Capital L.P. purchased a new stake in shares of Vishay Intertechnology during the first quarter valued at $2,555,000. Edgestream Partners L.P. grew its holdings in shares of Vishay Intertechnology by 127.4% during the first quarter. Edgestream Partners L.P. now owns 316,191 shares of the semiconductor company’s stock valued at $5,691,000 after buying an additional 177,151 shares during the last quarter. Finally, Mizuho Markets Americas LLC increased its position in shares of Vishay Intertechnology by 71.0% in the 1st quarter. Mizuho Markets Americas LLC now owns 963,167 shares of the semiconductor company’s stock valued at $17,337,000 after acquiring an additional 399,800 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on VSH shares. 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 target price for the company. Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Zacks Research downgraded Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Bank of America increased their price objective on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a report on Thursday, May 14th. Finally, Needham & Company LLC assumed coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They issued a “buy” rating and a $45.00 price objective for the company. One equities research 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 issued a Sell rating to the company. According to MarketBeat.com, Vishay Intertechnology currently has an average rating of “Hold” and an average price target of $33.25.

Vishay Intertechnology Trading Up 3.4%

Vishay Intertechnology stock opened at $30.64 on Thursday. 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 12 month low of $11.77 and a 12 month high of $69.47. The stock’s 50 day simple moving average is $38.09 and its two-hundred day simple moving average is $34.38. The firm has a market cap of $4.70 billion, a PE ratio of 161.26, a P/E/G ratio of 3.46 and a beta of 1.80.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.04. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The firm had revenue of $918.58 million during the quarter, compared to analyst estimates of $897.03 million. During the same period in the previous year, the firm earned ($0.07) EPS. The business’s quarterly revenue was up 16.6% on a year-over-year basis. Analysts anticipate that Vishay Intertechnology, Inc. will post 0.86 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

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. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.3%. Vishay Intertechnology’s dividend payout ratio is presently 210.53%.

About Vishay Intertechnology

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.