GSA Capital Partners LLP Makes New $426,000 Investment in Vishay Intertechnology, Inc. (NYSE:VSH)

GSA Capital Partners LLP acquired a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 22,532 shares of the semiconductor company’s stock, valued at approximately $426,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VSH. Vanguard Group Inc. raised its holdings in shares of Vishay Intertechnology by 5.0% in the first quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company’s stock worth $338,366,000 after buying an additional 714,275 shares during the last quarter. Deprince Race & Zollo Inc. increased its stake in shares of Vishay Intertechnology by 94.0% in the second quarter. Deprince Race & Zollo Inc. now owns 3,129,207 shares of the semiconductor company’s stock worth $69,781,000 after acquiring an additional 1,516,368 shares during the period. American Century Companies Inc. increased its stake in shares of Vishay Intertechnology by 12.7% in the second quarter. American Century Companies Inc. now owns 3,109,768 shares of the semiconductor company’s stock worth $69,348,000 after acquiring an additional 350,512 shares during the period. Principal Financial Group Inc. increased its stake in shares of Vishay Intertechnology by 1.2% in the third quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company’s stock worth $48,669,000 after acquiring an additional 30,515 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of Vishay Intertechnology by 11.8% in the second quarter. Bank of New York Mellon Corp now owns 1,647,693 shares of the semiconductor company’s stock worth $36,744,000 after acquiring an additional 174,149 shares during the period. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Stock Performance

NYSE:VSH opened at $15.17 on Thursday. The company’s 50-day moving average price is $17.69 and its 200-day moving average price is $20.56. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. The company has a market cap of $2.06 billion, a P/E ratio of 24.47 and a beta of 1.09. Vishay Intertechnology, Inc. has a twelve month low of $14.95 and a twelve month high of $24.72.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The business had revenue of $735.35 million during the quarter, compared to analysts’ expectations of $748.84 million. During the same period in the prior year, the business posted $0.60 earnings per share. The business’s quarterly revenue was down 13.9% on a year-over-year basis. On average, sell-side analysts forecast that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date of this dividend is Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio (DPR) is 64.52%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on VSH. TD Cowen cut their price objective on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a research note on Thursday, August 8th. StockNews.com upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.