Thrivent Financial for Lutherans Sells 143,797 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Thrivent Financial for Lutherans lessened its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 82.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,236 shares of the semiconductor company’s stock after selling 143,797 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Vishay Intertechnology were worth $674,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wasatch Advisors LP lifted its holdings in shares of Vishay Intertechnology by 33.8% during the 4th quarter. Wasatch Advisors LP now owns 1,858,012 shares of the semiconductor company’s stock valued at $44,537,000 after purchasing an additional 468,854 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of Vishay Intertechnology by 12.2% during the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 478,100 shares of the semiconductor company’s stock valued at $11,460,000 after purchasing an additional 52,050 shares during the last quarter. Bragg Financial Advisors Inc lifted its holdings in shares of Vishay Intertechnology by 2.9% during the 4th 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 last quarter. Vanguard Group Inc. lifted its holdings in shares of Vishay Intertechnology by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 14,204,857 shares of the semiconductor company’s stock valued at $340,490,000 after purchasing an additional 68,418 shares during the last quarter. Finally, Somerset Trust Co lifted its holdings in shares of Vishay Intertechnology by 8.7% during the 1st quarter. Somerset Trust Co now owns 10,560 shares of the semiconductor company’s stock valued at $240,000 after purchasing an additional 844 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Performance

Shares of VSH stock opened at $17.81 on Tuesday. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 10.24 and a beta of 1.09. 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 business has a fifty day moving average of $19.58 and a 200 day moving average of $21.62. Vishay Intertechnology, Inc. has a 1 year low of $17.42 and a 1 year high of $24.72.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. The company had revenue of $741.20 million for the quarter, compared to the consensus estimate of $754.71 million. Vishay Intertechnology had a return on equity of 8.72% and a net margin of 5.48%. The firm’s revenue for the quarter was down 16.9% compared to the same quarter last year. During the same period last year, the firm earned $0.68 EPS. As a group, research analysts expect that Vishay Intertechnology, Inc. will post 0.72 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Tuesday, September 10th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.25%. The ex-dividend date was Tuesday, September 10th. Vishay Intertechnology’s payout ratio is 22.99%.

Wall Street Analysts Forecast Growth

Separately, TD Cowen reduced their target price on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research note on Thursday, August 8th.

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.