Polymer Capital Management US LLC acquired a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 235,600 shares of the semiconductor company's stock, valued at approximately $3,991,000. Vishay Intertechnology accounts for about 1.1% of Polymer Capital Management US LLC's investment portfolio, making the stock its 22nd biggest holding. Polymer Capital Management US LLC owned 0.17% of Vishay Intertechnology as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of VSH. Polymer Capital Management HK LTD bought a new stake in shares of Vishay Intertechnology during the fourth quarter worth $462,000. Envestnet Asset Management Inc. lifted its stake in Vishay Intertechnology by 1.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 104,986 shares of the semiconductor company's stock valued at $1,778,000 after buying an additional 1,767 shares in the last quarter. Foundry Partners LLC raised its stake in shares of Vishay Intertechnology by 10.6% in the 4th quarter. Foundry Partners LLC now owns 20,128 shares of the semiconductor company's stock valued at $341,000 after purchasing an additional 1,921 shares during the period. DnB Asset Management AS bought a new stake in Vishay Intertechnology in the 4th quarter valued at approximately $360,000. Finally, Norges Bank acquired a new stake in Vishay Intertechnology in the 4th quarter valued at $143,719,000. Institutional investors own 93.66% of the company's stock.
Vishay Intertechnology Price Performance
NYSE:VSH traded down $0.42 during trading hours on Friday, hitting $11.03. The stock had a trading volume of 2,871,276 shares, compared to its average volume of 1,700,178. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. The company has a 50 day simple moving average of $16.35 and a two-hundred day simple moving average of $17.02. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of -45.95 and a beta of 1.06. Vishay Intertechnology, Inc. has a one year low of $10.35 and a one year high of $24.69.
Vishay Intertechnology Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology's dividend payout ratio (DPR) is presently -166.67%.
Insiders Place Their Bets
In other news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the sale, the chairman now directly owns 76,468 shares of the company's stock, valued at approximately $1,290,779.84. This represents a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 8.14% of the company's stock.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. StockNews.com raised shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Tuesday, March 18th. JPMorgan Chase & Co. began coverage on Vishay Intertechnology in a research report on Monday, December 16th. They set a "neutral" rating and a $19.00 price objective on the stock.
Get Our Latest Analysis on Vishay Intertechnology
Vishay Intertechnology Profile
(
Free Report)
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.
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