294,737 Shares in Vishay Intertechnology, Inc. $VSH Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 294,737 shares of the semiconductor company’s stock, valued at approximately $15,851,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Carolina Wealth Advisors LLC bought a new position in shares of Vishay Intertechnology during the 2nd quarter worth $32,000. Rakuten Securities Inc. bought a new stake in shares of Vishay Intertechnology in the second quarter valued at about $47,000. Allworth Financial LP purchased a new stake in Vishay Intertechnology in the second quarter worth about $54,000. Rockefeller Capital Management L.P. lifted its stake in Vishay Intertechnology by 212.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 1,402 shares during the period. Finally, Northwestern Mutual Wealth Management Co. bought a new position in Vishay Intertechnology during the 2nd quarter worth about $118,000. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Price Performance

Shares of VSH stock opened at $31.39 on Wednesday. The stock’s 50-day moving average is $41.78 and its 200 day moving average is $33.92. Vishay Intertechnology, Inc. has a 1-year low of $11.77 and a 1-year high of $69.47. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27. The company has a market cap of $4.81 billion, a P/E ratio of 165.19 and a beta of 1.81.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The business had revenue of $918.58 million during the quarter, compared to the consensus estimate of $897.03 million. During the same period in the previous year, the company posted ($0.07) earnings per share. The firm’s revenue was up 16.6% on a year-over-year basis. Research analysts predict that Vishay Intertechnology, Inc. will post 0.86 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 10th. Vishay Intertechnology’s payout ratio is 210.53%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Zacks Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Raymond James Financial initiated coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price objective on the stock. Finally, Needham & Company LLC began coverage on shares of Vishay Intertechnology in a research note on Tuesday, August 4th. They issued a “buy” rating and a $45.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $33.25.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.