Coldstream Capital Management Inc. Takes Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Coldstream Capital Management Inc. bought a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 10,427 shares of the semiconductor company’s stock, valued at approximately $196,000.

Other large investors have also recently bought and sold shares of the company. Matrix Trust Co bought a new position in shares of Vishay Intertechnology during the 3rd quarter worth about $25,000. nVerses Capital LLC bought a new position in Vishay Intertechnology during the second quarter valued at about $45,000. Northwestern Mutual Wealth Management Co. raised its holdings in Vishay Intertechnology by 11,136.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 2,116 shares in the last quarter. Adirondack Trust Co. raised its holdings in Vishay Intertechnology by 71.4% in the 3rd quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company’s stock valued at $91,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Innealta Capital LLC bought a new stake in shares of Vishay Intertechnology in the 2nd quarter worth approximately $111,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VSH has been the subject of a number of recent research reports. JPMorgan Chase & Co. initiated coverage on Vishay Intertechnology in a research note on Monday. They issued a “neutral” rating and a $19.00 target price for the company. StockNews.com upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock opened at $17.51 on Wednesday. The business has a 50 day simple moving average of $17.57 and a 200 day simple moving average of $19.81. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. The company has a market capitalization of $2.38 billion, a PE ratio of 28.24 and a beta of 1.12. Vishay Intertechnology, Inc. has a one year low of $14.95 and a one year high of $24.68.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). The company had revenue of $735.35 million for the quarter, compared to the consensus estimate of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The firm’s revenue was down 13.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 earnings per share. On average, sell-side analysts forecast that Vishay Intertechnology, Inc. will post 0.55 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend was Tuesday, December 3rd. Vishay Intertechnology’s payout ratio is 64.52%.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.