Vishay Intertechnology, Inc. $VSH Stake Cut by William Blair Investment Management LLC

William Blair Investment Management LLC cut its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 9.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,594,449 shares of the semiconductor company’s stock after selling 167,077 shares during the quarter. William Blair Investment Management LLC owned 1.18% of Vishay Intertechnology worth $23,104,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in VSH. Jones Financial Companies Lllp lifted its stake in Vishay Intertechnology by 709.5% during the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 1,575 shares during the last quarter. Quarry LP bought a new position in Vishay Intertechnology during the third quarter worth $39,000. Mitsubishi UFJ Trust & Banking Corp bought a new position in Vishay Intertechnology during the fourth quarter worth $87,000. Covestor Ltd lifted its stake in Vishay Intertechnology by 16.9% during the fourth quarter. Covestor Ltd now owns 10,442 shares of the semiconductor company’s stock worth $151,000 after purchasing an additional 1,510 shares during the last quarter. Finally, Vest Financial LLC bought a new position in Vishay Intertechnology during the fourth quarter worth $181,000. 93.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VSH has been the topic of several research analyst reports. Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Bank of America raised their price objective on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research note on Thursday, May 14th. Weiss Ratings raised Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Finally, Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $24.00.

Vishay Intertechnology Price Performance

Shares of NYSE VSH opened at $47.36 on Tuesday. Vishay Intertechnology, Inc. has a 1-year low of $11.77 and a 1-year high of $47.94. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53. The business’s fifty day moving average price is $26.40 and its two-hundred day moving average price is $20.00. The firm has a market capitalization of $6.43 billion, a PE ratio of 4,735.70 and a beta of 1.53.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The firm had revenue of $839.24 million for the quarter, compared to analyst estimates of $823.54 million. During the same period last year, the company earned ($0.03) earnings per share. The firm’s revenue for the quarter was up 17.3% on a year-over-year basis. On average, research analysts expect that Vishay Intertechnology, Inc. will post 0.75 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Thursday, June 18th will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.40 annualized dividend and a yield of 0.8%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 4,000.00%.

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.