Mercer Global Advisors Inc. ADV Acquires 1,856 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Mercer Global Advisors Inc. ADV increased its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 7.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,412 shares of the semiconductor company’s stock after acquiring an additional 1,856 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Vishay Intertechnology were worth $589,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Rise Advisors LLC acquired a new stake in Vishay Intertechnology in the first quarter worth $27,000. Massmutual Trust Co. FSB ADV grew its stake in shares of Vishay Intertechnology by 173.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 868 shares during the period. Bell Investment Advisors Inc increased its position in Vishay Intertechnology by 122.5% in the 1st quarter. Bell Investment Advisors Inc now owns 1,424 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 784 shares in the last quarter. Headlands Technologies LLC raised its stake in Vishay Intertechnology by 95.7% during the 1st quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company’s stock worth $36,000 after buying an additional 774 shares during the period. Finally, EntryPoint Capital LLC boosted its holdings in Vishay Intertechnology by 1,366.2% in the first quarter. EntryPoint Capital LLC now owns 1,950 shares of the semiconductor company’s stock worth $44,000 after acquiring an additional 1,817 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Stock Up 3.1 %

Vishay Intertechnology stock opened at $19.07 on Friday. The firm has a market capitalization of $2.62 billion, a price-to-earnings ratio of 10.96 and a beta of 1.10. The firm’s fifty day moving average price is $20.26 and its two-hundred day moving average price is $21.80. Vishay Intertechnology, Inc. has a 1-year low of $17.42 and a 1-year high of $25.22. The company has a current ratio of 2.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. The business had revenue of $741.20 million for the quarter, compared to analysts’ expectations of $754.71 million. Vishay Intertechnology had a net margin of 5.48% and a return on equity of 8.72%. The firm’s revenue for the quarter was down 16.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 EPS. On average, equities research analysts predict that Vishay Intertechnology, Inc. will post 0.72 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Tuesday, September 10th were issued a dividend of $0.10 per share. The ex-dividend date was Tuesday, September 10th. This represents a $0.40 annualized dividend and a yield of 2.10%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 22.99%.

Wall Street Analyst Weigh In

Separately, TD Cowen decreased their price objective on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a report on Thursday, August 8th.

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.