Trail Ridge Investment Advisors LLC Acquires New Position in Vishay Intertechnology, Inc. $VSH

Trail Ridge Investment Advisors LLC bought a new stake in Vishay Intertechnology, Inc. (NYSE:VSH) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 18,654 shares of the semiconductor company’s stock, valued at approximately $270,000.

Other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its position in Vishay Intertechnology by 709.5% in the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 1,575 shares during the last quarter. Quarry LP acquired a new stake in shares of Vishay Intertechnology during the third quarter worth about $39,000. GAMMA Investing LLC lifted its position in shares of Vishay Intertechnology by 12.2% during the third quarter. GAMMA Investing LLC now owns 9,697 shares of the semiconductor company’s stock worth $148,000 after purchasing an additional 1,052 shares in the last quarter. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of Vishay Intertechnology during the third quarter worth about $171,000. Finally, Inscription Capital LLC acquired a new stake in shares of Vishay Intertechnology during the third quarter worth about $173,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Bank of America increased their price target on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research report on Thursday, January 22nd. Zacks Research raised shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. increased their price target on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Vishay Intertechnology presently has an average rating of “Hold” and a consensus target price of $18.00.

Vishay Intertechnology Stock Up 0.3%

VSH stock opened at $26.99 on Thursday. The company’s 50 day moving average price is $19.53 and its 200 day moving average price is $17.28. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62. Vishay Intertechnology, Inc. has a fifty-two week low of $11.65 and a fifty-two week high of $27.53. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of -385.44 and a beta of 1.13.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The firm had revenue of $800.92 million for the quarter, compared to analysts’ expectations of $790.47 million. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, equities research analysts anticipate that Vishay Intertechnology, Inc. will post 0.51 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, March 12th. Vishay Intertechnology’s dividend payout ratio is currently -571.43%.

Vishay Intertechnology 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.