15,925 Shares in Vishay Intertechnology, Inc. (VSH) Acquired by James Investment Research Inc.

James Investment Research Inc. bought a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 15,925 shares of the semiconductor company’s stock, valued at approximately $264,000.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Vishay Intertechnology by 16,353.4% in the first quarter. BlackRock Inc. now owns 14,187,434 shares of the semiconductor company’s stock valued at $233,383,000 after buying an additional 14,101,206 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Vishay Intertechnology by 5.7% in the first quarter. Vanguard Group Inc. now owns 11,189,840 shares of the semiconductor company’s stock valued at $184,073,000 after buying an additional 604,683 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of Vishay Intertechnology by 13.1% in the first quarter. Schroder Investment Management Group now owns 5,742,412 shares of the semiconductor company’s stock valued at $95,611,000 after buying an additional 666,365 shares in the last quarter. State Street Corp boosted its stake in shares of Vishay Intertechnology by 1.2% in the first quarter. State Street Corp now owns 4,529,020 shares of the semiconductor company’s stock valued at $74,500,000 after buying an additional 52,978 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Vishay Intertechnology by 18.7% in the first quarter. Bank of New York Mellon Corp now owns 3,811,884 shares of the semiconductor company’s stock valued at $62,705,000 after buying an additional 599,727 shares in the last quarter.

Vishay Intertechnology, Inc. (NYSE:VSH) traded down 0.59% during trading on Friday, hitting $16.80. 1,542,874 shares of the stock were exchanged. Vishay Intertechnology, Inc. has a 12 month low of $13.37 and a 12 month high of $18.55. The stock has a market cap of $2.46 billion, a P/E ratio of 31.88 and a beta of 1.22. The stock’s 50 day moving average price is $17.41 and its 200 day moving average price is $16.60.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.02. Vishay Intertechnology had a net margin of 3.34% and a return on equity of 9.89%. The business had revenue of $644.89 million for the quarter, compared to the consensus estimate of $643.19 million. During the same period in the previous year, the firm earned $0.23 EPS. The business’s revenue was up 9.3% on a year-over-year basis. Analysts forecast that Vishay Intertechnology, Inc. will post $1.34 EPS for the current fiscal year.

Vishay Intertechnology announced that its Board of Directors has authorized a stock repurchase program on Wednesday, August 2nd that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the semiconductor company to purchase up to 5.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.

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VSH has been the topic of a number of recent analyst reports. Stifel Nicolaus reissued a “hold” rating and issued a $17.00 price objective on shares of Vishay Intertechnology in a research report on Friday, July 14th. BidaskClub lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Zacks Investment Research lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, May 6th. Finally, ValuEngine raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Vishay Intertechnology has an average rating of “Buy” and an average price target of $18.50.

Vishay Intertechnology Company Profile

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.

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

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