American International Group Inc. Reduces Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

American International Group Inc. lessened its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 3.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 233,637 shares of the semiconductor company’s stock after selling 8,561 shares during the period. American International Group Inc. owned about 0.17% of Vishay Intertechnology worth $5,600,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bragg Financial Advisors Inc raised its position in Vishay Intertechnology by 2.9% in the fourth quarter. Bragg Financial Advisors Inc now owns 643,590 shares of the semiconductor company’s stock worth $15,427,000 after acquiring an additional 18,375 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its position in Vishay Intertechnology by 12.2% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 478,100 shares of the semiconductor company’s stock valued at $11,460,000 after purchasing an additional 52,050 shares in the last quarter. Wasatch Advisors LP grew its holdings in Vishay Intertechnology by 33.8% during the fourth quarter. Wasatch Advisors LP now owns 1,858,012 shares of the semiconductor company’s stock valued at $44,537,000 after purchasing an additional 468,854 shares during the period. EHP Funds Inc. increased its position in Vishay Intertechnology by 3.7% in the fourth quarter. EHP Funds Inc. now owns 13,900 shares of the semiconductor company’s stock worth $333,000 after buying an additional 500 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Vishay Intertechnology by 23.9% in the fourth quarter. First Trust Advisors LP now owns 2,093,809 shares of the semiconductor company’s stock worth $50,189,000 after buying an additional 403,960 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Down 0.4 %

VSH opened at $22.41 on Friday. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 12.88 and a beta of 1.14. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.08 and a current ratio of 3.02. The firm’s fifty day moving average is $22.80 and its 200 day moving average is $22.64. Vishay Intertechnology, Inc. has a fifty-two week low of $20.83 and a fifty-two week high of $30.10.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, May 8th. The semiconductor company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.02. Vishay Intertechnology had a return on equity of 11.95% and a net margin of 7.41%. The business had revenue of $746.30 million during the quarter, compared to the consensus estimate of $735.96 million. During the same period in the prior year, the company posted $0.79 EPS. The firm’s revenue for the quarter was down 14.3% compared to the same quarter last year. On average, sell-side analysts forecast that Vishay Intertechnology, Inc. will post 0.87 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, June 13th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Thursday, June 13th. Vishay Intertechnology’s payout ratio is presently 22.99%.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus reissued a “buy” rating and issued a $25.00 target price on shares of Vishay Intertechnology in a report on Wednesday, April 3rd.

Insider Buying and Selling at Vishay Intertechnology

In other news, Director John Malvisi acquired 8,929 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were acquired at an average cost of $22.60 per share, with a total value of $201,795.40. Following the acquisition, the director now directly owns 16,438 shares of the company’s stock, valued at $371,498.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. 8.14% of the stock is currently owned by company insiders.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.