Cubist Systematic Strategies LLC lowered its holdings in Vishay Intertechnology, Inc. (NYSE:VSH – Get Rating) by 36.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,540 shares of the semiconductor company’s stock after selling 17,349 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Vishay Intertechnology were worth $543,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of Vishay Intertechnology by 1.5% in the first quarter. Vanguard Group Inc. now owns 13,191,954 shares of the semiconductor company’s stock worth $258,562,000 after acquiring an additional 191,736 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Vishay Intertechnology by 5.2% in the third quarter. Dimensional Fund Advisors LP now owns 8,767,207 shares of the semiconductor company’s stock worth $155,970,000 after acquiring an additional 432,847 shares during the period. AQR Capital Management LLC increased its stake in shares of Vishay Intertechnology by 37.8% in the second quarter. AQR Capital Management LLC now owns 4,184,675 shares of the semiconductor company’s stock worth $73,817,000 after acquiring an additional 1,148,417 shares during the period. Woodline Partners LP grew its position in Vishay Intertechnology by 21.7% during the second quarter. Woodline Partners LP now owns 2,695,891 shares of the semiconductor company’s stock valued at $48,041,000 after buying an additional 480,240 shares during the period. Finally, Mackenzie Financial Corp grew its position in Vishay Intertechnology by 7.6% during the second quarter. Mackenzie Financial Corp now owns 1,457,839 shares of the semiconductor company’s stock valued at $25,979,000 after buying an additional 102,463 shares during the period. Institutional investors and hedge funds own 84.64% of the company’s stock.
In other news, Chairman Marc Zandman sold 44,161 shares of Vishay Intertechnology stock in a transaction dated Friday, January 13th. The shares were sold at an average price of $22.81, for a total value of $1,007,312.41. Following the sale, the chairman now owns 35,552 shares in the company, valued at $810,941.12. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 8.03% of the company’s stock.
Wall Street Analyst Weigh In
Vishay Intertechnology Stock Down 1.0 %
VSH stock opened at $21.41 on Monday. The firm has a market cap of $3.01 billion, a PE ratio of 7.18 and a beta of 1.29. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.07 and a current ratio of 2.92. The firm’s fifty day moving average is $22.07 and its 200 day moving average is $21.06. Vishay Intertechnology, Inc. has a one year low of $16.73 and a one year high of $24.48.
Vishay Intertechnology (NYSE:VSH – Get Rating) last released its quarterly earnings results on Wednesday, February 8th. The semiconductor company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.09). Vishay Intertechnology had a net margin of 12.26% and a return on equity of 23.89%. The firm had revenue of $855.30 million for the quarter, compared to analyst estimates of $882.63 million. During the same quarter in the prior year, the business posted $0.62 EPS. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. On average, research analysts forecast that Vishay Intertechnology, Inc. will post 2.02 EPS for the current year.
Vishay Intertechnology Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 30th. Stockholders of record on Friday, March 17th will be given a $0.10 dividend. The ex-dividend date is Thursday, March 16th. This represents a $0.40 annualized dividend and a dividend yield of 1.87%. Vishay Intertechnology’s dividend payout ratio (DPR) is 13.42%.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc engages in the manufacture and distribution of discrete semiconductors and passive components. It operates through the following segments: MOSFET (metal oxide semiconductor field-effect transistor), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors. The MOSFET segment offers semiconductors which function as solid state switches to control power.
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