Foster & Motley Inc. Reduces Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Foster & Motley Inc. decreased its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 30.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 64,109 shares of the semiconductor company’s stock after selling 27,555 shares during the quarter. Foster & Motley Inc.’s holdings in Vishay Intertechnology were worth $1,086,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VSH. Mountaineer Partners Management LLC raised its holdings in Vishay Intertechnology by 924.9% in the third quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock worth $394,161,000 after purchasing an additional 18,810,325 shares in the last quarter. Needham Investment Management LLC increased its holdings in shares of Vishay Intertechnology by 39.2% during the third quarter. Needham Investment Management LLC now owns 1,260,000 shares of the semiconductor company’s stock valued at $23,827,000 after acquiring an additional 355,000 shares in the last quarter. Bernzott Capital Advisors bought a new position in shares of Vishay Intertechnology during the third quarter valued at $5,378,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Vishay Intertechnology by 17.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company’s stock valued at $32,336,000 after acquiring an additional 248,741 shares in the last quarter. Finally, Systematic Financial Management LP increased its holdings in shares of Vishay Intertechnology by 15.1% during the third quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company’s stock valued at $26,253,000 after acquiring an additional 182,212 shares in the last quarter. Institutional investors own 93.66% of the company’s stock.

Insider Activity

In related news, Chairman Marc Zandman sold 20,359 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total transaction of $340,198.89. Following the completion of the transaction, the chairman now owns 32,957 shares in the company, valued at $550,711.47. The trade was a 38.19 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 8.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Thursday, December 26th. JPMorgan Chase & Co. assumed coverage on Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 price target for the company.

Vishay Intertechnology Stock Up 1.3 %

Shares of VSH opened at $16.64 on Friday. The business’s 50 day moving average is $17.33 and its 200 day moving average is $18.60. The company has a market capitalization of $2.26 billion, a PE ratio of 26.83 and a beta of 1.13. Vishay Intertechnology, Inc. has a 12-month low of $14.95 and a 12-month high of $24.68. 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 issued its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.06). Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The business had revenue of $735.35 million for the quarter, compared to the consensus estimate of $748.84 million. During the same period last year, the business posted $0.60 EPS. The firm’s revenue for the quarter was down 13.9% compared to the same quarter last year. Research analysts expect that Vishay Intertechnology, Inc. will post 0.56 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date was Tuesday, December 3rd. Vishay Intertechnology’s payout ratio is 64.52%.

About Vishay Intertechnology

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.