Charles Schwab Investment Management Inc. Has $32.34 Million Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Charles Schwab Investment Management Inc. boosted its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 17.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,709,994 shares of the semiconductor company’s stock after acquiring an additional 248,741 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.25% of Vishay Intertechnology worth $32,336,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Matrix Trust Co acquired a new stake in Vishay Intertechnology during the 3rd quarter worth about $25,000. Massmutual Trust Co. FSB ADV boosted its position in Vishay Intertechnology by 173.9% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 868 shares during the period. nVerses Capital LLC acquired a new stake in Vishay Intertechnology during the 2nd quarter worth about $45,000. Northwestern Mutual Wealth Management Co. boosted its position in Vishay Intertechnology by 11,136.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 2,116 shares during the period. Finally, Adirondack Trust Co. boosted its position in Vishay Intertechnology by 71.4% during the 3rd quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company’s stock worth $91,000 after acquiring an additional 2,000 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Stock Down 4.3 %

Shares of Vishay Intertechnology stock opened at $18.48 on Wednesday. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 29.95 and a beta of 1.12. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. Vishay Intertechnology, Inc. has a 52-week low of $14.95 and a 52-week high of $24.72. The stock has a 50-day simple moving average of $17.61 and a 200-day simple moving average of $20.25.

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

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors 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 2.16%. The ex-dividend date of this dividend is Tuesday, December 3rd. Vishay Intertechnology’s payout ratio is 64.52%.

Analyst Ratings Changes

VSH has been the subject of several research reports. StockNews.com lowered Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Wednesday, November 27th. TD Cowen reduced their price target on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a report on Thursday, August 8th.

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.