SOL Capital Management CO maintained its position in shares of Vishay Intertechnology Inc. (NYSE:VSH) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,203 shares of the company’s stock at the end of the second quarter. SOL Capital Management CO’s holdings in Vishay Intertechnology were worth $349,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of VSH. LS Investment Advisors LLC boosted its stake in Vishay Intertechnology by 69.0% in the second quarter. LS Investment Advisors LLC now owns 8,114 shares of the company’s stock worth $101,000 after buying an additional 3,312 shares during the period. Pacad Investment Ltd. acquired a new stake in Vishay Intertechnology during the first quarter worth $160,000. Invictus RG acquired a new stake in Vishay Intertechnology during the first quarter worth $160,000. Quantitative Systematic Strategies LLC boosted its stake in Vishay Intertechnology by 8.7% in the second quarter. Quantitative Systematic Strategies LLC now owns 13,594 shares of the company’s stock worth $163,000 after buying an additional 1,090 shares during the period. Finally, First Citizens Bank & Trust Co. acquired a new stake in Vishay Intertechnology during the second quarter worth $350,000.
Shares of Vishay Intertechnology Inc. (NYSE:VSH) traded up 0.51% during midday trading on Friday, reaching $13.82. The company had a trading volume of 1,212,475 shares. The company’s market capitalization is $2.03 billion. The firm’s 50 day moving average price is $13.99 and its 200-day moving average price is $13.00. Vishay Intertechnology Inc. has a 12 month low of $9.96 and a 12 month high of $14.28.
Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Tuesday, August 2nd. The company reported $0.23 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.01. The business had revenue of $590 million for the quarter, compared to analysts’ expectations of $586.45 million. Vishay Intertechnology had a negative net margin of 4.58% and a positive return on equity of 6.55%. The firm’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 earnings per share. Analysts anticipate that Vishay Intertechnology Inc. will post $0.88 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 29th. Investors of record on Thursday, September 15th were paid a $0.0625 dividend. The ex-dividend date of this dividend was Tuesday, September 13th. This represents a $0.25 dividend on an annualized basis and a yield of 1.81%. Vishay Intertechnology’s payout ratio is currently -35.21%.
A number of equities research analysts have recently weighed in on VSH shares. Zacks Investment Research raised Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Wednesday, July 20th. Argus reissued a “buy” rating on shares of Vishay Intertechnology in a report on Wednesday, August 10th.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five segments. The MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs. The Diodes segment’s products include rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers (SCRs) and power modules.
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