Vishay Intertechnology, Inc. $VSH Shares Sold by Olstein Capital Management L.P.

Olstein Capital Management L.P. lessened its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 23.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,000 shares of the semiconductor company’s stock after selling 23,000 shares during the period. Olstein Capital Management L.P. owned 0.06% of Vishay Intertechnology worth $1,116,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in VSH. State of Alaska Department of Revenue lifted its position in Vishay Intertechnology by 25.6% during the third quarter. State of Alaska Department of Revenue now owns 247,392 shares of the semiconductor company’s stock worth $3,784,000 after buying an additional 50,467 shares in the last quarter. SG Americas Securities LLC grew its holdings in Vishay Intertechnology by 355.0% in the 4th quarter. SG Americas Securities LLC now owns 149,461 shares of the semiconductor company’s stock valued at $2,166,000 after buying an additional 116,609 shares in the last quarter. Tudor Investment Corp ET AL purchased a new stake in Vishay Intertechnology in the 3rd quarter valued at $12,306,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Vishay Intertechnology in the 3rd quarter worth $1,911,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of Vishay Intertechnology in the 3rd quarter worth $2,006,000. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Zacks Research upgraded Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Bank of America raised their price objective on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research report on Thursday, January 22nd. JPMorgan Chase & Co. lifted their target price on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Vishay Intertechnology currently has a consensus rating of “Hold” and an average target price of $18.00.

Vishay Intertechnology Price Performance

VSH stock opened at $32.57 on Friday. Vishay Intertechnology, Inc. has a 52-week low of $11.77 and a 52-week high of $34.23. The company has a quick ratio of 1.57, a current ratio of 2.62 and a debt-to-equity ratio of 0.46. The stock has a market cap of $4.42 billion, a price-to-earnings ratio of -465.16 and a beta of 1.53. The business has a fifty day moving average of $21.36 and a two-hundred day moving average of $18.14.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). The business had revenue of $800.92 million during the quarter, compared to analyst estimates of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The firm’s revenue was up 12.1% on a year-over-year basis. As a group, research analysts anticipate that Vishay Intertechnology, Inc. will post 0.51 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, March 12th. Vishay Intertechnology’s payout ratio is -571.43%.

About Vishay Intertechnology

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.