AI Squared Management Ltd acquired a new stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 93,400 shares of the semiconductor company's stock, valued at approximately $1,582,000. Vishay Intertechnology makes up about 1.6% of AI Squared Management Ltd's investment portfolio, making the stock its 16th largest position. AI Squared Management Ltd owned 0.07% of Vishay Intertechnology at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC acquired a new stake in shares of Vishay Intertechnology in the fourth quarter valued at about $38,000. Blue Trust Inc. raised its holdings in Vishay Intertechnology by 275.9% in the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company's stock valued at $46,000 after acquiring an additional 1,989 shares during the last quarter. IFP Advisors Inc lifted its stake in Vishay Intertechnology by 351.1% in the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock worth $74,000 after purchasing an additional 3,406 shares in the last quarter. Manchester Capital Management LLC boosted its holdings in shares of Vishay Intertechnology by 526.6% during the 4th quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company's stock worth $122,000 after purchasing an additional 6,030 shares during the last quarter. Finally, Matrix Trust Co grew its position in shares of Vishay Intertechnology by 660.1% in the fourth quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company's stock valued at $170,000 after purchasing an additional 8,700 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company's stock.
Insider Activity at Vishay Intertechnology
In other news, Chairman Marc Zandman sold 27,176 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was 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 in the company, valued at $1,290,779.84. This trade represents a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 8.14% of the stock is owned by insiders.
Vishay Intertechnology Trading Down 2.5 %
VSH traded down $0.42 on Friday, hitting $16.21. The company had a trading volume of 1,617,050 shares, compared to its average volume of 1,598,130. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The firm has a market cap of $2.20 billion, a P/E ratio of -67.53 and a beta of 1.13. The company's fifty day moving average price is $17.30 and its 200 day moving average price is $17.48. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.69.
Vishay Intertechnology Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.10 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.47%. Vishay Intertechnology's payout ratio is currently -166.67%.
Analysts Set New Price Targets
A number of equities analysts recently commented on VSH shares. StockNews.com upgraded Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Tuesday, March 18th. JPMorgan Chase & Co. began coverage on shares of Vishay Intertechnology in a research report on Monday, December 16th. They set a "neutral" rating and a $19.00 price target on the stock.
Read Our Latest Report on Vishay Intertechnology
About Vishay Intertechnology
(
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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