Quest Partners LLC Boosts Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Quest Partners LLC lifted its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 4,009,500.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,096 shares of the semiconductor company’s stock after buying an additional 40,095 shares during the quarter. Quest Partners LLC’s holdings in Vishay Intertechnology were worth $758,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kovack Advisors Inc. acquired a new position in Vishay Intertechnology during the third quarter worth about $788,000. Oppenheimer Asset Management Inc. increased its stake in shares of Vishay Intertechnology by 9.9% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 245,120 shares of the semiconductor company’s stock worth $4,635,000 after purchasing an additional 22,034 shares in the last quarter. Aigen Investment Management LP acquired a new position in shares of Vishay Intertechnology during the 3rd quarter worth approximately $668,000. GSA Capital Partners LLP purchased a new stake in Vishay Intertechnology in the 3rd quarter valued at approximately $426,000. Finally, Versor Investments LP purchased a new position in Vishay Intertechnology during the third quarter worth $686,000. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VSH has been the topic of a number of analyst reports. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday. TD Cowen decreased their price target on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a research note on Thursday, August 8th.

Vishay Intertechnology Price Performance

Shares of NYSE:VSH opened at $15.50 on Friday. The company has a market cap of $2.11 billion, a P/E ratio of 25.00 and a beta of 1.09. The business has a fifty day simple moving average of $17.64 and a 200-day simple moving average of $20.53. Vishay Intertechnology, Inc. has a 52 week low of $14.95 and a 52 week high of $24.72. The company has a quick ratio of 1.85, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.06). The business had revenue of $735.35 million during the quarter, compared to analysts’ expectations of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The firm’s quarterly revenue was down 13.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.60 EPS. Equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.55 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.58%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 64.52%.

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.