Hancock Whitney Corp cut its holdings in shares of Vishay Intertechnology (NYSE:VSH) by 53.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,090 shares of the semiconductor company’s stock after selling 36,272 shares during the quarter. Hancock Whitney Corp’s holdings in Vishay Intertechnology were worth $578,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in shares of Vishay Intertechnology by 6.0% in the 4th quarter. LPL Financial LLC now owns 13,013 shares of the semiconductor company’s stock worth $234,000 after acquiring an additional 735 shares during the period. Alpha Windward LLC lifted its stake in shares of Vishay Intertechnology by 4.0% in the fourth quarter. Alpha Windward LLC now owns 24,780 shares of the semiconductor company’s stock valued at $446,000 after purchasing an additional 960 shares during the period. Arizona State Retirement System lifted its stake in shares of Vishay Intertechnology by 1.1% in the fourth quarter. Arizona State Retirement System now owns 94,826 shares of the semiconductor company’s stock valued at $1,708,000 after purchasing an additional 1,016 shares during the period. Comerica Bank lifted its stake in shares of Vishay Intertechnology by 1.4% in the fourth quarter. Comerica Bank now owns 85,247 shares of the semiconductor company’s stock valued at $1,610,000 after purchasing an additional 1,190 shares during the period. Finally, SG Americas Securities LLC lifted its stake in shares of Vishay Intertechnology by 17.3% in the fourth quarter. SG Americas Securities LLC now owns 10,506 shares of the semiconductor company’s stock valued at $189,000 after purchasing an additional 1,553 shares during the period. 90.45% of the stock is currently owned by institutional investors.
In other Vishay Intertechnology news, Director Frank Dieter Maier sold 6,421 shares of Vishay Intertechnology stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $21.75, for a total transaction of $139,656.75. Following the transaction, the director now directly owns 74,399 shares of the company’s stock, valued at $1,618,178.25. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Gerald Paul sold 66,000 shares of Vishay Intertechnology stock in a transaction that occurred on Thursday, February 28th. The shares were sold at an average price of $21.77, for a total transaction of $1,436,820.00. Following the transaction, the chief executive officer now directly owns 220,824 shares in the company, valued at $4,807,338.48. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 157,782 shares of company stock valued at $3,444,175. 8.07% of the stock is owned by insiders.
Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Tuesday, February 5th. The semiconductor company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.07. Vishay Intertechnology had a net margin of 11.39% and a return on equity of 22.78%. The business had revenue of $775.90 million during the quarter, compared to the consensus estimate of $761.79 million. During the same period in the previous year, the firm posted $0.37 earnings per share. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. On average, analysts anticipate that Vishay Intertechnology will post 2.16 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were issued a $0.085 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.34 dividend on an annualized basis and a yield of 1.66%. Vishay Intertechnology’s payout ratio is 16.04%.
Several analysts recently commented on the stock. Zacks Investment Research cut shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 12th. Bank of America downgraded shares of Vishay Intertechnology from a “buy” rating to a “neutral” rating and set a $23.00 target price for the company. in a report on Wednesday, February 6th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $24.75.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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