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Royce & Associates LP Reduces Its Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Royce & Associates LP Reduces Its Position in Vishay Intertechnology, Inc. (NYSE:VSH)

The most recent Form 13F report that Royce & Associates LP submitted to the Securities and Exchange Commission revealed that the firm’s holdings in Vishay Intertechnology, Inc. (NYSE: VSH) were reduced by 5.3% during the third quarter. The institutional investor owned a total of 2,999,385 shares of the company’s stock after selling 167,137 shares of the semiconductor company’s stock during the time frame in question. Royce & Associates LP owned 2.10 percent of Vishay Intertechnology’s shares as of the most recent fiscal quarter. The shares had a market value of $53,359,000 at the end of the period.

In addition, the quantity of VSH held in the portfolios of institutional investors and other hedge funds has either increased or decreased throughout the past few months. The proportion of Vishay Intertechnology stock that Ronald Blue Trust Inc. directly owned increased by 207.6% during the company’s third fiscal quarter. Ronald Blue Trust Inc. now has 1,418 shares of the semiconductor company’s stock, each worth $2,500, thanks to purchasing 957 additional shares during the most recent quarter. In the second quarter, CWM LLC increased the amount of Vishay Intertechnology stock owned by a percentage of 1,168.8% higher than before. CWM LLC now owns a total of 1,751 shares in the semiconductor company, having purchased an additional 1,613 shares during the most recent quarter. The price of these shares on the market as of right now is $31,000. Allworth Financial LP increased the amount of Vishay Intertechnology stock owned by 10,538.9% over the second quarter. Allworth Financial LP now has a total of 1,915 shares in the semiconductor business, having purchased an additional 1,897 shares during the most recent quarter to bring its total number to 1,915. The current value of these shares is thirty-four thousand dollars. Hiring a new worker at Vishay Intertechnology costs Fairfield Bush & Co. $35,000 during the year’s first three months. Quadrant Capital Group LLC purchased a staggering 956.0% increase in Vishay Intertechnology stock during the second quarter. Now we’ve arrived at the very last point. During the most recent quarter, Quadrant Capital Group LLC bought an additional 2,476 shares of the semiconductor company’s stock, which increased the firm’s holdings in the company’s stock. As a direct consequence of this event, the organization is now the proud owner of 2,735 shares of the company’s stock, which have a market value of $49,000. To the tune of 84.64% of the company’s shares, hedge funds and various other types of institutional investors are the owners of those shares.

According to reports from other recent news sources, on November 7, director Raanan Zilberman sold 27,299 shares of the company’s stock. The company disclosed this information. A total of $575,462.92 was made from the sale of the shares, which were bought and sold at an average price of $21.08 per share. Following the transaction, the director has obtained a total of 24,671 shares of the company’s stock, which can be estimated to be worth $520,064.68 at present. The Securities and Exchange Commission was given legal documents about the transaction, which were subsequently uploaded to the SEC website after being provided to the SEC. According to reports from other recent news sources, on November 7, director Raanan Zilberman sold 27,299 shares of the company’s stock. The company disclosed this information. A total of $575,462.92 was made from the sale of the shares, which were bought and sold at an average price of $21.08 per share. Following the transaction, the director has obtained a total of 24,671 shares of the company’s stock, which can be estimated to be worth $520,064.68 at present. The Securities and Exchange Commission was given legal documents about the transaction, which were subsequently uploaded to the SEC website after being provided to the SEC. In addition, on Friday, January 13, Marc Zandman, the firm’s chairman, sold 44,161 shares of the company’s stock. A total of $1,007,312.41 was received for the shares, which works out to an average selling price of $22.81 per share. After the completion of the sale, the chairman now directly holds 35,552 shares of the company. Based on the current market price, these shares are estimated to be worth approximately $810,941.12. Disclosures that are related to the sale might be found in this section of the website. 8.03 company insiders own a percent of the total shares currently outstanding.

When trading started on Thursday, the price of a share of Vishay Intertechnology was $22.33 per share. Vishay Intertechnology, Inc. reached its low point over the past year at $16.73, while the company reached its high point over the past year at $23.39. Both the price-to-earnings ratio of the stock, which is 8.21, and the beta value of the stock, which is 1.32, are very high. The value of the company’s stock on the market is approximately $3.16 billion. Currently, the stock’s 50-day moving average and 200-day moving average are each sitting at $22.15, while the 200-day moving average is at $20.49. The current ratio (2.94), the quick ratio (2.08), and the current ratio are all taken into consideration during the calculation of debt to equity (0.24).

The most recent quarterly earnings report for Vishay Intertechnology, which is traded on the NYSE under the symbol VSH, was published on November 2. The semiconductor manufacturer reported earnings per share (EPS) of $0.93 for the quarter, which is $0.08 higher than the average estimate of $0.85 per share. During the most recent financial year, Vishay Intertechnology achieved a return on equity of 24.39% and a net margin of 11.26%. The sales for the company for the quarter came in lower than anticipated, coming in at $924.80 million rather than the $925.10 million that analysts had forecast for the company to make in revenue. The company generated $0.63 per share during the same period the year before. Vishay Intertechnology’s revenue rose by 13.7% when measured against the company’s performance during the same quarter in the preceding year. The consensus among sell-side analysts is that Vishay Intertechnology, Inc. will finish the current fiscal year with earnings per share of $3.24.

In addition, the business recently announced a quarterly dividend, which was paid out on December 15. On Wednesday, November 30, dividend payments of $0.10 per share were sent to stockholders who were already on record. When calculated annually, this results in a dividend payment of $0.40 and a dividend yield of 1.79%. The date shareholders were required to pay taxes on this dividend was November 29, a Tuesday. The current dividend payout ratio for Vishay Intertechnology stands at 14.71 percent at the time of this writing.

Recent research articles have zeroed in on VSH as a subject of inquiry and focused their attention there. Stifel Nicolaus gave Vishay Intertechnology a “buy” rating in a research report issued on Monday, October 10. However, in the same report, the brokerage firm lowered its price objective for Vishay Intertechnology shares from $24.00 to $22.00. The company was the focus of the study. In a research report made available to the public on Monday, December 26, StockNews.com changed their recommendation for Vishay Intertechnology from “strong buy” to “buy.”

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