Oppenheimer & Co. Inc. Maintains Stake in Vishay Intertechnology (NYSE:VSH)

Oppenheimer & Co. Inc. held its position in shares of Vishay Intertechnology (NYSE:VSH) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,500 shares of the semiconductor company’s stock at the end of the first quarter. Oppenheimer & Co. Inc.’s holdings in Vishay Intertechnology were worth $370,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Glen Harbor Capital Management LLC increased its stake in shares of Vishay Intertechnology by 7.4% in the first quarter. Glen Harbor Capital Management LLC now owns 6,050 shares of the semiconductor company’s stock worth $100,000 after buying an additional 418 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Vishay Intertechnology by 83.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,200 shares of the semiconductor company’s stock worth $102,000 after buying an additional 2,827 shares in the last quarter. Elkfork Partners LLC acquired a new position in shares of Vishay Intertechnology during the fourth quarter worth about $116,000. US Bancorp DE increased its position in shares of Vishay Intertechnology by 0.5% in the first quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock worth $144,000 after buying an additional 45 shares in the last quarter. Finally, Meadow Creek Investment Management LLC increased its position in shares of Vishay Intertechnology by 7.4% in the first quarter. Meadow Creek Investment Management LLC now owns 9,350 shares of the semiconductor company’s stock worth $154,000 after buying an additional 646 shares in the last quarter.

Vishay Intertechnology (NYSE VSH) remained flat at $17.25 during midday trading on Thursday. The company’s stock had a trading volume of 1,026,275 shares. The stock has a 50 day moving average of $16.59 and a 200-day moving average of $16.35. The firm has a market capitalization of $2.52 billion, a PE ratio of 45.16 and a beta of 1.21. Vishay Intertechnology has a 12-month low of $11.89 and a 12-month high of $17.60.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Wednesday, May 3rd. The semiconductor company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.23 by $0.05. Vishay Intertechnology had a net margin of 6.09% and a return on equity of 9.26%. The business had revenue of $606 million for the quarter, compared to analysts’ expectations of $598.72 million. During the same quarter last year, the company posted $0.19 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. Equities analysts anticipate that Vishay Intertechnology will post $1.20 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 29th. Stockholders of record on Thursday, June 15th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, June 13th. This represents a $0.25 annualized dividend and a dividend yield of 1.45%. Vishay Intertechnology’s payout ratio is 67.57%.

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A number of equities analysts have issued reports on the company. BidaskClub upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Zacks Investment Research downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, May 6th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Vishay Intertechnology currently has an average rating of “Buy” and a consensus price target of $16.50.

In other Vishay Intertechnology news, insider Gerald Paul sold 77,334 shares of the firm’s stock in a transaction dated Thursday, May 4th. The shares were sold at an average price of $16.56, for a total value of $1,280,651.04. Following the transaction, the insider now owns 340,320 shares of the company’s stock, valued at $5,635,699.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 7.91% of the company’s stock.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.

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