Vishay Intertechnology, Inc. (NYSE:VSH) Stock Holdings Lessened by Amalgamated Bank

Amalgamated Bank trimmed its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 17.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,479 shares of the semiconductor company’s stock after selling 10,391 shares during the quarter. Amalgamated Bank’s holdings in Vishay Intertechnology were worth $955,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Russell Investments Group Ltd. grew its position in Vishay Intertechnology by 403.6% during the 1st quarter. Russell Investments Group Ltd. now owns 346,017 shares of the semiconductor company’s stock worth $7,848,000 after purchasing an additional 277,311 shares in the last quarter. M&G Plc acquired a new position in Vishay Intertechnology during the first quarter valued at $6,016,000. Janus Henderson Group PLC lifted its stake in Vishay Intertechnology by 53.7% in the 1st quarter. Janus Henderson Group PLC now owns 747,269 shares of the semiconductor company’s stock worth $16,947,000 after acquiring an additional 261,175 shares in the last quarter. Poplar Forest Capital LLC acquired a new stake in Vishay Intertechnology during the 2nd quarter worth about $21,160,000. Finally, Invenomic Capital Management LP acquired a new stake in Vishay Intertechnology during the 1st quarter worth about $3,053,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Vishay Intertechnology Stock Performance

Shares of NYSE VSH opened at $16.04 on Friday. Vishay Intertechnology, Inc. has a one year low of $15.98 and a one year high of $24.72. The business’s 50-day moving average price is $17.92 and its two-hundred day moving average price is $20.79. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. The company has a market capitalization of $2.19 billion, a P/E ratio of 25.87 and a beta of 1.09.

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

Vishay Intertechnology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date is Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio is presently 64.52%.

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.