Bank of Montreal Can bought a new stake in shares of Vishay Intertechnology Inc. (NYSE:VSH) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 352,441 shares of the company’s stock, valued at approximately $4,367,000.
A number of other institutional investors have also added to or reduced their stakes in the stock. BlackRock Institutional Trust Company N.A. raised its position in Vishay Intertechnology by 2.8% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 3,888,615 shares of the company’s stock valued at $47,480,000 after buying an additional 104,475 shares during the last quarter. BlackRock Inc. raised its position in Vishay Intertechnology by 7.3% in the first quarter. BlackRock Inc. now owns 56,526 shares of the company’s stock valued at $690,000 after buying an additional 3,828 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Vishay Intertechnology by 41.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,958,689 shares of the company’s stock valued at $23,916,000 after buying an additional 577,276 shares during the last quarter. Nordea Investment Management AB raised its position in Vishay Intertechnology by 4.3% in the second quarter. Nordea Investment Management AB now owns 118,342 shares of the company’s stock valued at $1,466,000 after buying an additional 4,871 shares during the last quarter. Finally, UBS Group AG raised its position in Vishay Intertechnology by 298.4% in the first quarter. UBS Group AG now owns 112,769 shares of the company’s stock valued at $1,378,000 after buying an additional 84,460 shares during the last quarter.
Vishay Intertechnology Inc. (NYSE:VSH) traded down 1.93% during midday trading on Thursday, reaching $13.75. The company’s stock had a trading volume of 514,085 shares. The stock’s 50-day moving average price is $13.99 and its 200-day moving average price is $12.99. Vishay Intertechnology Inc. has a 12 month low of $9.96 and a 12 month high of $14.28. The firm’s market capitalization is $2.02 billion.
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 Thomson Reuters’ consensus estimate of $0.22 by $0.01. Vishay Intertechnology had a positive return on equity of 6.55% and a negative net margin of 4.58%. The company had revenue of $590 million for the quarter, compared to analyst estimates of $586.45 million. During the same period last year, the company earned $0.20 earnings per share. The business’s revenue was down .1% compared to the same quarter last year. Analysts predict that Vishay Intertechnology Inc. will post $0.88 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 29th. Stockholders of record on Thursday, September 15th were given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend was Tuesday, September 13th. Vishay Intertechnology’s dividend payout ratio is currently -35.21%.
Several equities analysts recently commented on VSH shares. Zacks Investment Research lowered Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 6th. Argus reissued a “buy” rating on shares of Vishay Intertechnology in a research 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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