Proficio Capital Partners LLC Takes $568,000 Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Proficio Capital Partners LLC acquired a new position in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 33,507 shares of the semiconductor company's stock, valued at approximately $568,000.

Several other large investors have also made changes to their positions in VSH. Quantbot Technologies LP increased its position in Vishay Intertechnology by 89.7% in the 3rd quarter. Quantbot Technologies LP now owns 100,864 shares of the semiconductor company's stock worth $1,907,000 after buying an additional 47,700 shares during the period. Fisher Asset Management LLC increased its position in Vishay Intertechnology by 2.5% during the third quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company's stock worth $50,548,000 after acquiring an additional 66,268 shares during the period. Systematic Financial Management LP raised its stake in Vishay Intertechnology by 15.1% during the 3rd quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company's stock valued at $26,253,000 after purchasing an additional 182,212 shares during the last quarter. Bernzott Capital Advisors boosted its holdings in Vishay Intertechnology by 27.9% in the 4th quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company's stock valued at $6,160,000 after purchasing an additional 79,214 shares during the period. Finally, Verition Fund Management LLC acquired a new stake in Vishay Intertechnology in the 3rd quarter worth $906,000. Institutional investors and hedge funds own 93.66% of the company's stock.

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Insider Buying and Selling at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total transaction of $458,730.88. Following the completion of the transaction, the chairman now directly owns 76,468 shares of the company's stock, valued at $1,290,779.84. This trade represents a 26.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 8.14% of the company's stock.

Vishay Intertechnology Price Performance

NYSE:VSH traded down $0.11 during mid-day trading on Thursday, hitting $16.69. The company's stock had a trading volume of 1,167,677 shares, compared to its average volume of 1,978,915. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of -69.53 and a beta of 1.13. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. Vishay Intertechnology, Inc. has a fifty-two week low of $14.95 and a fifty-two week high of $24.68. The stock has a fifty day moving average of $17.30 and a 200-day moving average of $17.49.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.40%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology's dividend payout ratio is -166.67%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. StockNews.com upgraded shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Tuesday, March 18th. JPMorgan Chase & Co. initiated coverage on Vishay Intertechnology in a report on Monday, December 16th. They set a "neutral" rating and a $19.00 price objective on the stock.

About Vishay Intertechnology

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.