Twin Tree Management LP Makes New $1.70 Million Investment in Vishay Intertechnology, Inc. $VSH

Twin Tree Management LP acquired a new stake in Vishay Intertechnology, Inc. (NYSE:VSH) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 31,522 shares of the semiconductor company’s stock, valued at approximately $1,695,000.

Other hedge funds also recently made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its stake in shares of Vishay Intertechnology by 212.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 1,402 shares during the period. Carolina Wealth Advisors LLC purchased a new stake in Vishay Intertechnology during the 2nd quarter worth $32,000. Quarry LP purchased a new stake in Vishay Intertechnology during the 3rd quarter worth $39,000. Rakuten Securities Inc. acquired a new position in Vishay Intertechnology in the 2nd quarter worth $47,000. Finally, Allworth Financial LP acquired a new position in Vishay Intertechnology in the 2nd quarter worth $54,000. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Raymond James Financial started coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 price objective for the company. Zacks Research cut Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Weiss Ratings raised Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Needham & Company LLC began coverage on Vishay Intertechnology in a report on Tuesday, August 4th. They issued a “buy” rating and a $45.00 price target for the company. Finally, Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Vishay Intertechnology currently has a consensus rating of “Hold” and a consensus price target of $33.25.

Vishay Intertechnology Trading Down 0.6%

NYSE VSH opened at $31.65 on Friday. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of 166.59 and a beta of 1.81. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27. Vishay Intertechnology, Inc. has a 12 month low of $11.77 and a 12 month high of $69.47. The company’s fifty day moving average price is $43.02 and its two-hundred day moving average price is $33.68.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.04. The company had revenue of $918.58 million during the quarter, compared to the consensus estimate of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The company’s revenue was up 16.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.07) EPS. As a group, research analysts predict that Vishay Intertechnology, Inc. will post 0.86 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, September 10th. Vishay Intertechnology’s dividend payout ratio (DPR) is 210.53%.

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.