Campbell & CO Investment Adviser LLC Buys New Shares in Vishay Intertechnology, Inc. (NYSE:VSH)

Campbell & CO Investment Adviser LLC bought a new stake in Vishay Intertechnology, Inc. (NYSE:VSH) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 87,615 shares of the semiconductor company’s stock, valued at approximately $1,976,000. Vishay Intertechnology makes up about 0.8% of Campbell & CO Investment Adviser LLC’s investment portfolio, making the stock its 5th largest holding.

A number of other hedge funds have also recently made changes to their positions in VSH. Point72 Asset Management L.P. lifted its stake in Vishay Intertechnology by 161.0% in the first quarter. Point72 Asset Management L.P. now owns 3,879,931 shares of the semiconductor company’s stock valued at $93,429,000 after acquiring an additional 2,393,585 shares during the last quarter. Millennium Management LLC lifted its stake in Vishay Intertechnology by 117.7% in the first quarter. Millennium Management LLC now owns 2,151,674 shares of the semiconductor company’s stock valued at $51,812,000 after acquiring an additional 1,163,425 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its stake in Vishay Intertechnology by 469.8% in the second quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 879,463 shares of the semiconductor company’s stock valued at $19,832,000 after acquiring an additional 725,108 shares during the last quarter. Phocas Financial Corp. acquired a new stake in shares of Vishay Intertechnology during the 1st quarter worth about $7,583,000. Finally, Monarch Partners Asset Management LLC acquired a new stake in shares of Vishay Intertechnology during the 1st quarter worth about $6,870,000. Hedge funds and other institutional investors own 85.48% of the company’s stock.

Vishay Intertechnology stock traded up $0.49 during midday trading on Wednesday, hitting $20.37. The company’s stock had a trading volume of 8,108 shares, compared to its average volume of 1,001,350. Vishay Intertechnology, Inc. has a 1-year low of $14.84 and a 1-year high of $26.50. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.99 and a quick ratio of 2.20. The company has a 50-day moving average price of $21.69 and a two-hundred day moving average price of $23.10. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 12.27, a PEG ratio of 0.37 and a beta of 1.40.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Tuesday, August 10th. The semiconductor company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.02. Vishay Intertechnology had a net margin of 8.15% and a return on equity of 14.73%. The business had revenue of $819.00 million during the quarter, compared to analysts’ expectations of $817.72 million. During the same quarter in the previous year, the company earned $0.18 EPS. The business’s revenue was up 40.8% on a year-over-year basis. Sell-side analysts forecast that Vishay Intertechnology, Inc. will post 2.36 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 28th. Shareholders of record on Friday, September 10th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.87%. The ex-dividend date is Thursday, September 9th. Vishay Intertechnology’s dividend payout ratio (DPR) is 41.30%.

A number of research firms have recently issued reports on VSH. Citigroup cut shares of Vishay Intertechnology from a “buy” rating to a “neutral” rating and set a $21.79 target price for the company. in a research note on Tuesday, July 27th. Zacks Investment Research cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating and set a $23.00 target price for the company. in a research note on Friday, July 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $22.96.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc engages in the manufacture and distribution of discrete semiconductors and passive components. It operates through the following segments: MOSFET (metal oxide semiconductor field-effect transistor), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors. The MOSFET segment offers semiconductors which function as solid state switches to control power.

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Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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