Royce Associates Lp Lowers stake in Vishay Intertechnology (VSH)

Vishay Intertechnology (VSH) : Royce Associates Lp reduced its stake in Vishay Intertechnology by 9.54% during the most recent quarter end. The investment management company now holds a total of 7,508,548 shares of Vishay Intertechnology which is valued at $103,467,791 after selling 792,015 shares in Vishay Intertechnology , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Vishay Intertechnology makes up approximately 0.64% of Royce Associates Lp’s portfolio.

Other Hedge Funds, Including , Boston Partners reduced its stake in VSH by selling 1,150,000 shares or 73.72% in the most recent quarter. The Hedge Fund company now holds 409,969 shares of VSH which is valued at $5,534,582. Vishay Intertechnology makes up approx 0.01% of Boston Partners’s portfolio.Shufro Rose Co reduced its stake in VSH by selling 1,500 shares or 3.36% in the most recent quarter. The Hedge Fund company now holds 43,100 shares of VSH which is valued at $581,850. Vishay Intertechnology makes up approx 0.06% of Shufro Rose Co’s portfolio.Gsa Capital Partners Llp reduced its stake in VSH by selling 36,652 shares or 50.7% in the most recent quarter. The Hedge Fund company now holds 35,639 shares of VSH which is valued at $481,127. Vishay Intertechnology makes up approx 0.03% of Gsa Capital Partners Llp’s portfolio.

Vishay Intertechnology opened for trading at $13.93 and hit $14.03 on the upside on Monday, eventually ending the session at $13.96, with a gain of 0.29% or 0.04 points. The heightened volatility saw the trading volume jump to 14,74,423 shares. Company has a market cap of $2,051 M.

On the company’s financial health, Vishay Intertechnology reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.22. The company had revenue of $590.05 million for the quarter, compared to analysts expectations of $586.45 million. The company’s revenue was down -.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.20 EPS.

Vishay Intertechnology Inc. is a global manufacturer and supplier of discrete semiconductors and passive components. The Company supports the microprocessor chips and other integrated circuits (ICs) that coordinate and control the functions of electronic devices and equipment. The Company offers its customers access to electronic component product lines of any manufacturer in the United States Europe and Asia. The Company’s products are of two classes: semiconductors and passive components. The Company’s semiconductors include MOSFETs diodes and optoelectronic components which operate in both the commodity and non-commodity markets. Its passive components include resistors capacitors and magnetics such as inductors and transformers. The Company operates through five product segments: MOSFETs Diodes Optoelectronic Components Resistors & Inductors and Capacitors.

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