Russell Investments Group Ltd. Sells 16,873 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Russell Investments Group Ltd. cut its holdings in Vishay Intertechnology, Inc. (NYSE:VSH – Get Rating) by 16.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 82,757 shares of the semiconductor company’s stock after selling 16,873 shares during the quarter. Russell Investments Group Ltd. owned about 0.06% of Vishay Intertechnology worth $1,785,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Vishay Intertechnology by 1.6% in the third quarter. Vanguard Group Inc. now owns 13,616,290 shares of the semiconductor company’s stock valued at $242,234,000 after acquiring an additional 218,721 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in 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 valued at $155,970,000 after acquiring an additional 432,847 shares during the last quarter. Wasatch Advisors Inc. boosted its position in shares of Vishay Intertechnology by 1.1% during the first quarter. Wasatch Advisors Inc. now owns 1,400,777 shares of the semiconductor company’s stock worth $27,455,000 after purchasing an additional 15,120 shares in the last quarter. Mackenzie Financial Corp grew its holdings in shares of Vishay Intertechnology by 9.0% in the 1st quarter. Mackenzie Financial Corp now owns 1,355,376 shares of the semiconductor company’s stock valued at $26,565,000 after buying an additional 112,426 shares during the period. Finally, Nuveen Asset Management LLC increased its position in shares of Vishay Intertechnology by 6.5% in the 3rd quarter. Nuveen Asset Management LLC now owns 1,334,137 shares of the semiconductor company’s stock valued at $23,735,000 after buying an additional 81,507 shares in the last quarter. 84.64% of the stock is owned by institutional investors.

Vishay Intertechnology Price Performance

NYSE VSH opened at $25.48 on Tuesday. The business has a 50 day simple moving average of $22.10 and a 200 day simple moving average of $22.06. Vishay Intertechnology, Inc. has a 52-week low of $16.73 and a 52-week high of $25.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.20 and a current ratio of 3.08. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 8.33 and a beta of 1.30.

Vishay Intertechnology (NYSE:VSH – Get Rating) last posted its earnings results on Wednesday, May 10th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.22. Vishay Intertechnology had a return on equity of 23.30% and a net margin of 12.43%. The business had revenue of $871.05 million during the quarter, compared to analysts’ expectations of $848.05 million. During the same period in the prior year, the business earned $0.71 EPS. Analysts anticipate that Vishay Intertechnology, Inc. will post 2.26 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Thursday, May 11th.

Vishay Intertechnology Profile

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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.