Vishay Intertechnology, Inc. (NYSE:VSH) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC lowered its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 46.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,411 shares of the semiconductor company’s stock after selling 52,514 shares during the quarter. Renaissance Technologies LLC’s holdings in Vishay Intertechnology were worth $1,347,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Trust Advisors LP grew its stake in shares of Vishay Intertechnology by 23.9% in the 4th quarter. First Trust Advisors LP now owns 2,093,809 shares of the semiconductor company’s stock valued at $50,189,000 after buying an additional 403,960 shares during the period. EHP Funds Inc. grew its position in Vishay Intertechnology by 3.7% in the fourth quarter. EHP Funds Inc. now owns 13,900 shares of the semiconductor company’s stock worth $333,000 after acquiring an additional 500 shares during the period. Wasatch Advisors LP grew its position in Vishay Intertechnology by 33.8% in the fourth quarter. Wasatch Advisors LP now owns 1,858,012 shares of the semiconductor company’s stock worth $44,537,000 after acquiring an additional 468,854 shares during the period. Hotchkis & Wiley Capital Management LLC increased its stake in Vishay Intertechnology by 12.2% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 478,100 shares of the semiconductor company’s stock worth $11,460,000 after acquiring an additional 52,050 shares during the last quarter. Finally, Bragg Financial Advisors Inc raised its position in Vishay Intertechnology by 2.9% in the fourth quarter. Bragg Financial Advisors Inc now owns 643,590 shares of the semiconductor company’s stock valued at $15,427,000 after purchasing an additional 18,375 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, TD Cowen lowered 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.

Vishay Intertechnology Stock Performance

Shares of Vishay Intertechnology stock opened at $18.00 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.98 and a quick ratio of 1.98. The stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 10.34 and a beta of 1.09. The business has a 50-day moving average of $19.70 and a 200 day moving average of $21.65. Vishay Intertechnology, Inc. has a 12 month low of $17.42 and a 12 month high of $24.72.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The firm had revenue of $741.20 million during the quarter, compared to analysts’ expectations of $754.71 million. Vishay Intertechnology had a net margin of 5.48% and a return on equity of 8.72%. The business’s quarterly revenue was down 16.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.68 earnings per share. As a group, sell-side analysts forecast that Vishay Intertechnology, Inc. will post 0.72 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Tuesday, September 10th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $0.40 annualized dividend and a yield of 2.22%. Vishay Intertechnology’s payout ratio is 22.99%.

Vishay Intertechnology Company 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.