Vishay Intertechnology, Inc. (NYSE:VSH) Stock Position Reduced by Stifel Financial Corp

Stifel Financial Corp trimmed its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 19.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,110 shares of the semiconductor company’s stock after selling 7,221 shares during the quarter. Stifel Financial Corp’s holdings in Vishay Intertechnology were worth $550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Mountaineer Partners Management LLC raised its position in Vishay Intertechnology by 924.9% during the third quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock valued at $394,161,000 after acquiring an additional 18,810,325 shares in the last quarter. Deprince Race & Zollo Inc. lifted its position in Vishay Intertechnology by 94.0% during the 2nd 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 last quarter. American Century Companies Inc. boosted its holdings in Vishay Intertechnology by 12.7% during the second quarter. American Century Companies Inc. now owns 3,109,768 shares of the semiconductor company’s stock valued at $69,348,000 after acquiring an additional 350,512 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of Vishay Intertechnology by 2.5% during the third quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock worth $50,548,000 after buying an additional 66,268 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in Vishay Intertechnology by 1.2% in the 3rd quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company’s stock worth $48,669,000 after purchasing an additional 30,515 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Price Performance

Shares of VSH opened at $17.77 on Friday. The stock has a market cap of $2.41 billion, a P/E ratio of 28.66 and a beta of 1.12. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.68. The stock’s 50-day moving average price is $17.46 and its two-hundred day moving average price is $19.58. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data 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 firm had revenue of $735.35 million for the quarter, compared to the consensus estimate of $748.84 million. During the same period in the previous year, the business earned $0.60 EPS. The firm’s revenue was down 13.9% compared to the same quarter last year. On average, equities analysts predict that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were issued a $0.10 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $0.40 annualized dividend and a dividend yield of 2.25%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 64.52%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on VSH shares. JPMorgan Chase & Co. initiated coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They issued a “neutral” rating and a $19.00 price target on the stock. StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Thursday.

Vishay Intertechnology Profile

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.