Live Oak Private Wealth LLC Trims Stock Holdings in Vishay Intertechnology, Inc. $VSH
by Sarita Garza · The Markets DailyLive Oak Private Wealth LLC reduced its stake in Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) by 7.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 410,135 shares of the semiconductor company’s stock after selling 32,623 shares during the period. Live Oak Private Wealth LLC owned approximately 0.30% of Vishay Intertechnology worth $5,943,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hennion & Walsh Asset Management Inc. raised its holdings in Vishay Intertechnology by 46.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 16,410 shares of the semiconductor company’s stock valued at $238,000 after buying an additional 5,230 shares during the period. SG Americas Securities LLC raised its holdings in Vishay Intertechnology by 355.0% in the 4th quarter. SG Americas Securities LLC now owns 149,461 shares of the semiconductor company’s stock valued at $2,166,000 after buying an additional 116,609 shares during the period. Tudor Investment Corp ET AL purchased a new stake in Vishay Intertechnology during the third quarter worth about $12,306,000. Polar Asset Management Partners Inc. purchased a new stake in Vishay Intertechnology during the third quarter worth about $351,000. Finally, CIBC Bancorp USA Inc. purchased a new stake in Vishay Intertechnology during the third quarter worth about $198,000. 93.66% of the stock is currently owned by hedge funds and other institutional investors.
Vishay Intertechnology Stock Up 0.1%
VSH stock opened at $22.50 on Monday. The company’s 50 day moving average price is $18.69 and its 200 day moving average price is $16.74. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62. Vishay Intertechnology, Inc. has a fifty-two week low of $10.56 and a fifty-two week high of $22.57. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of -321.38 and a beta of 1.13.
Vishay Intertechnology (NYSE:VSH – Get Free Report) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The firm had revenue of $800.92 million for the quarter, compared to analysts’ expectations of $790.47 million. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, equities research analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.
Vishay Intertechnology Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Thursday, March 12th. Vishay Intertechnology’s dividend payout ratio is presently -571.43%.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on VSH. JPMorgan Chase & Co. boosted their price target on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, January 21st. Argus upgraded shares of Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Zacks Research upgraded shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, Bank of America boosted their price target on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $18.00.
Read Our Latest Analysis on VSH
Vishay Intertechnology 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.