Vishay Intertechnology, Inc. (NYSE:VSH) Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC decreased its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 20.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,950 shares of the semiconductor company’s stock after selling 6,080 shares during the quarter. ProShare Advisors LLC’s holdings in Vishay Intertechnology were worth $512,000 at the end of the most recent quarter.

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

Vishay Intertechnology Trading Down 0.8 %

Shares of VSH stock opened at $18.91 on Tuesday. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of 10.87 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $20.15 and a 200 day moving average price of $21.76. Vishay Intertechnology, Inc. has a twelve month low of $17.42 and a twelve month high of $25.22.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share (EPS) 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 the consensus estimate of $754.71 million. Vishay Intertechnology had a net margin of 5.48% and a return on equity of 8.72%. The company’s quarterly revenue was down 16.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 earnings per share. Research analysts forecast that Vishay Intertechnology, Inc. will post 0.72 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Tuesday, September 10th were paid a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $0.40 annualized dividend and a yield of 2.12%. Vishay Intertechnology’s payout ratio is currently 22.99%.

Analyst Ratings Changes

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

Vishay Intertechnology Company Profile

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.