Mutual of America Capital Management LLC reduces stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Mutual of America Capital Management LLC reduced its stake in Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) by 4.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). ). The institutional investor owned 71,650 shares of the semiconductor company’s stock after selling 3,571 shares during the period. Mutual of America Capital Management LLC owned 0.05% of Vishay Intertechnology worth $1,598,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Russell Investments Group Ltd. raised its stake in shares of Vishay Intertechnology by 403.6% in the first quarter. Russell Investments Group Ltd. now owns 346,017 shares of the semiconductor company’s stock valued at $7,848,000 after purchasing an additional 277,311 shares during the period. M&G Plc acquired a new position in Vishay Intertechnology in the first quarter valued at $6,016,000. Janus Henderson Group PLC boosted its holdings in shares of Vishay Intertechnology by 53.7% in the first quarter. Janus Henderson Group PLC now owns 747,269 shares of the semiconductor company’s stock valued at $16,947,000 after purchasing an additional 261,175 shares in the last quarter. Poplar Forest Capital LLC acquired a new stake in shares of Vishay Intertechnology in the second quarter valued at about $21,160,000. Finally, Vanguard Group Inc. raised its stake in shares of Vishay Intertechnology by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 14,204,857 shares of the semiconductor company’s stock worth $340,490,000 after purchasing an additional 68,418 shares during the last quarter. 93.66% of the shares are currently held by hedge funds and other institutional investors.

Vishay Intertechnology price performance

VSH opened at $18.50 on Friday. The firm has a market cap of $2.53 billion, a PE ratio of 10.63 and a beta of 1.10. The stock has a 50-day moving average price of $20.35 and a 200-day moving average price of $21.82. Vishay Intertechnology, Inc. has a 1 year low of $17.42 and a 1 year high of $25.22. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.98, and a quick ratio of 1.98.

Vishay Intertechnology (NYSE:VSH – Get Your Free Report ) last issued its earnings results on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. Vishay Intertechnology had a net margin of 5.48% and a return on equity of 8.72%. The firm had revenue of $741.20 million for the quarter, compared to the consensus estimate of $754.71 million. In the same quarter last year, the firm posted earnings of $0.68 per share. The company’s revenue fell 16.9% year over year. Sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.72 earnings per share for the current fiscal year.

Vishay Intertechnology announces dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Tuesday, September 10th were issued a dividend of $0.10 per share. This represents a dividend of $0.40 on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend was Tuesday, September 10th. Vishay Intertechnology’s payout ratio is currently 22.99%.

Analysts on Wall Street are forecasting an increase

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

Check out our latest analysis on VSH

Vishay Intertechnology Company Profile

(Free Report)

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

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