Wellington Management Group LLP Has $124.35 Million Stock Holdings in Vishay Intertechnology, Inc. $VSH

Wellington Management Group LLP increased its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 7.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,312,220 shares of the semiconductor company’s stock after buying an additional 162,447 shares during the period. Wellington Management Group LLP’s holdings in Vishay Intertechnology were worth $124,351,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Rockefeller Capital Management L.P. boosted its holdings in shares of Vishay Intertechnology by 212.4% during 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. Carolina Wealth Advisors LLC acquired a new stake in Vishay Intertechnology during the 2nd quarter worth approximately $32,000. Quarry LP bought a new stake in Vishay Intertechnology in the 3rd quarter valued at $39,000. Rakuten Securities Inc. acquired a new position in Vishay Intertechnology in the 2nd quarter valued at $47,000. Finally, Allworth Financial LP acquired a new position in Vishay Intertechnology in the 2nd quarter valued at $54,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Stock Down 2.6%

VSH stock opened at $29.65 on Wednesday. Vishay Intertechnology, Inc. has a 52 week low of $11.77 and a 52 week high of $69.47. The business has a 50-day simple moving average of $38.58 and a 200 day simple moving average of $34.30. The company has a quick ratio of 1.27, a current ratio of 1.80 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.55 billion, a PE ratio of 156.06, a price-to-earnings-growth ratio of 3.55 and a beta of 1.80.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share (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 firm had revenue of $918.58 million for the quarter, compared to the consensus estimate of $897.03 million. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.07) earnings per share. Sell-side analysts anticipate that Vishay Intertechnology, Inc. will post 0.86 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VSH shares. Bank of America lifted their target price on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a report on Thursday, May 14th. Needham & Company LLC initiated 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. Weiss Ratings reissued a “hold (c)” rating on shares of Vishay Intertechnology in a report on Monday, August 24th. Zacks Research cut shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Finally, Raymond James Financial started coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 price target for the company. One equities research 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’s stock. According to MarketBeat, Vishay Intertechnology presently has an average rating of “Hold” and an average target price of $33.25.

Vishay Intertechnology 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.