Twelve Points Wealth Management LLC Has $1.39 Million Stock Holdings in Vishay Intertechnology, Inc. $VSH

Twelve Points Wealth Management LLC cut its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 27.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,774 shares of the semiconductor company’s stock after selling 37,130 shares during the quarter. Twelve Points Wealth Management LLC’s holdings in Vishay Intertechnology were worth $1,388,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. grew its position in Vishay Intertechnology by 46.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 16,410 shares of the semiconductor company’s stock worth $238,000 after buying an additional 5,230 shares in the last quarter. SG Americas Securities LLC grew its position in Vishay Intertechnology by 355.0% during the fourth quarter. SG Americas Securities LLC now owns 149,461 shares of the semiconductor company’s stock worth $2,166,000 after buying an additional 116,609 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in Vishay Intertechnology during the third quarter worth about $12,306,000. Polar Asset Management Partners Inc. acquired a new stake in Vishay Intertechnology during the third quarter worth about $351,000. Finally, CIBC Bancorp USA Inc. acquired a new stake in Vishay Intertechnology during the third quarter worth about $198,000. 93.66% of the stock is owned by institutional investors and hedge funds.

Vishay Intertechnology Stock Performance

NYSE:VSH opened at $22.50 on Friday. Vishay Intertechnology, Inc. has a 1 year low of $10.56 and a 1 year high of $22.57. The firm has a 50 day moving average of $18.69 and a 200-day moving average of $16.72. The company has a current ratio of 2.62, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $3.06 billion, a P/E ratio of -321.38 and a beta of 1.13.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The firm had revenue of $800.92 million during the quarter, compared to the consensus estimate of $790.47 million. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a $0.10 dividend. The ex-dividend date was Thursday, March 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.8%. Vishay Intertechnology’s payout ratio is -571.43%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. lifted their target price on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. Argus raised Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. Zacks Research upgraded shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Finally, Bank of America raised their price target on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $18.00.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.