Bernzott Capital Advisors Reduces Position in Vishay Intertechnology, Inc. $VSH

Bernzott Capital Advisors decreased its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 14.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 468,151 shares of the semiconductor company’s stock after selling 81,629 shares during the quarter. Vishay Intertechnology comprises approximately 4.0% of Bernzott Capital Advisors’ holdings, making the stock its 4th largest position. Bernzott Capital Advisors’ holdings in Vishay Intertechnology were worth $8,427,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in VSH. Rockefeller Capital Management L.P. raised its holdings in Vishay Intertechnology by 212.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after buying an additional 1,402 shares during the period. Quarry LP acquired a new position in Vishay Intertechnology in the 3rd quarter worth about $39,000. Empowered Funds LLC acquired a new position in Vishay Intertechnology in the fourth quarter worth approximately $57,000. Hantz Financial Services Inc. raised its holdings in shares of Vishay Intertechnology by 255.8% during the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 3,684 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp bought a new position in Vishay Intertechnology during the fourth quarter valued at about $87,000. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Stock Up 4.3%

Shares of VSH stock opened at $43.99 on Friday. Vishay Intertechnology, Inc. has a 12 month low of $11.77 and a 12 month high of $69.47. The firm has a market cap of $5.99 billion, a PE ratio of 4,398.90 and a beta of 1.76. The stock has a 50 day moving average of $49.08 and a 200-day moving average of $29.61. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. The company had revenue of $839.24 million during the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.Vishay Intertechnology’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.03) earnings per share. On average, equities analysts predict 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 was paid on Monday, June 29th. Investors of record on Thursday, June 18th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 4,000.00%.

Wall Street Analysts Forecast Growth

VSH has been the subject of a number of recent analyst reports. Bank of America upped their target price on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research report on Thursday, May 14th. Zacks Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Wall Street Zen lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $24.00.

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.