GSA Capital Partners LLP Makes New $426,000 Investment in Vishay Intertechnology, Inc. (NYSE:VSH)

GSA Capital Partners LLP purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the 3rd quarter, Holdings Channel reports. The firm purchased 22,532 shares of the semiconductor company’s stock, valued at approximately $426,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Janus Henderson Group PLC lifted its position in shares of Vishay Intertechnology by 53.7% during the 1st quarter. Janus Henderson Group PLC now owns 747,269 shares of the semiconductor company’s stock worth $16,947,000 after buying an additional 261,175 shares during the last quarter. Poplar Forest Capital LLC purchased a new stake in Vishay Intertechnology in the 2nd quarter valued at $21,160,000. Invenomic Capital Management LP purchased a new stake in Vishay Intertechnology in the 1st quarter valued at $3,053,000. Vanguard Group Inc. raised its position in Vishay Intertechnology by 5.0% in the 1st quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company’s stock valued at $338,366,000 after purchasing an additional 714,275 shares during the last quarter. Finally, Vest Financial LLC raised its position in Vishay Intertechnology by 65.2% in the 3rd quarter. Vest Financial LLC now owns 82,528 shares of the semiconductor company’s stock valued at $1,561,000 after purchasing an additional 32,559 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Price Performance

Shares of NYSE VSH opened at $15.17 on Thursday. Vishay Intertechnology, Inc. has a 52 week low of $14.95 and a 52 week high of $24.72. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 24.47 and a beta of 1.09. The company’s 50-day moving average price is $17.69 and its 200 day moving average price is $20.56. 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 announced its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). The company had revenue of $735.35 million for the quarter, compared to analysts’ expectations of $748.84 million. Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The company’s revenue was down 13.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.60 earnings per share. As a group, research analysts forecast that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Tuesday, December 3rd. This represents a $0.40 annualized dividend and a yield of 2.64%. Vishay Intertechnology’s payout ratio is 64.52%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. TD Cowen cut their price objective 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 raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday.

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.