Schwab Charles Investment Management Inc. reduced its stake in Vishay Intertechnology (NYSE:VSH) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,185,496 shares of the semiconductor company’s stock after selling 43,813 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.81% of Vishay Intertechnology worth $24,600,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently modified their holdings of VSH. The Manufacturers Life Insurance Company lifted its position in Vishay Intertechnology by 0.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 295,221 shares of the semiconductor company’s stock valued at $4,900,000 after acquiring an additional 1,105 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its position in Vishay Intertechnology by 7.3% in the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 29,280 shares of the semiconductor company’s stock valued at $486,000 after acquiring an additional 2,000 shares in the last quarter. AMP Capital Investors Ltd lifted its position in Vishay Intertechnology by 13.0% in the 3rd quarter. AMP Capital Investors Ltd now owns 41,700 shares of the semiconductor company’s stock valued at $784,000 after acquiring an additional 4,800 shares in the last quarter. Legal & General Group Plc lifted its position in Vishay Intertechnology by 2.5% in the 3rd quarter. Legal & General Group Plc now owns 198,511 shares of the semiconductor company’s stock valued at $3,728,000 after acquiring an additional 4,851 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its position in Vishay Intertechnology by 47.9% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 17,900 shares of the semiconductor company’s stock valued at $310,000 after acquiring an additional 5,800 shares in the last quarter.
Vishay Intertechnology (VSH) traded up $0.25 during midday trading on Friday, hitting $18.35. The stock had a trading volume of 934,192 shares, compared to its average volume of 2,124,640. The company has a market cap of $2,660.75, a PE ratio of 12.66, a price-to-earnings-growth ratio of 2.36 and a beta of 1.21. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.88 and a quick ratio of 3.11. Vishay Intertechnology has a 12-month low of $15.40 and a 12-month high of $23.85.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Wednesday, March 14th will be paid a $0.0675 dividend. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a $0.27 annualized dividend and a dividend yield of 1.47%. Vishay Intertechnology’s dividend payout ratio (DPR) is -122.72%.
VSH has been the topic of several analyst reports. Citigroup upped their price objective on Vishay Intertechnology from $16.00 to $19.00 and gave the company a “sell” rating in a research report on Friday, October 27th. Zacks Investment Research cut Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, February 10th. TheStreet cut Vishay Intertechnology from an “a-” rating to a “c+” rating in a report on Tuesday, February 6th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $20.00 price target (down from $23.00) on shares of Vishay Intertechnology in a report on Wednesday, February 7th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $22.00.
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Vishay Intertechnology Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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