Charles Schwab Investment Management Inc. Purchases 459,252 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Charles Schwab Investment Management Inc. raised its position in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 26.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,169,246 shares of the semiconductor company's stock after buying an additional 459,252 shares during the period. Charles Schwab Investment Management Inc. owned 1.60% of Vishay Intertechnology worth $36,747,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mountaineer Partners Management LLC boosted its holdings in shares of Vishay Intertechnology by 924.9% in the 3rd quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company's stock worth $394,161,000 after buying an additional 18,810,325 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Vishay Intertechnology by 4.6% during the 4th quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company's stock worth $45,593,000 after purchasing an additional 117,692 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of Vishay Intertechnology by 2.5% in the 3rd quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company's stock worth $50,548,000 after purchasing an additional 66,268 shares during the period. Systematic Financial Management LP lifted its stake in Vishay Intertechnology by 15.1% in the third 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. Finally, Needham Investment Management LLC grew its holdings in Vishay Intertechnology by 39.2% during the third quarter. Needham Investment Management LLC now owns 1,260,000 shares of the semiconductor company's stock valued at $23,827,000 after purchasing an additional 355,000 shares during the period. Hedge funds and other institutional investors own 93.66% of the company's stock.

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Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VSH. JPMorgan Chase & Co. started coverage on Vishay Intertechnology in a research note on Monday, December 16th. They issued a "neutral" rating and a $19.00 target price on the stock. StockNews.com raised shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a report on Tuesday.

Vishay Intertechnology Stock Performance

Shares of NYSE VSH traded up $0.33 during mid-day trading on Wednesday, hitting $17.37. The company had a trading volume of 692,575 shares, compared to its average volume of 1,811,053. 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 company has a market capitalization of $2.35 billion, a price-to-earnings ratio of -72.30 and a beta of 1.13. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.68. The stock's 50-day moving average price is $17.22 and its 200-day moving average price is $17.57.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.30%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology's payout ratio is -166.67%.

Insider Activity

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

Vishay Intertechnology Profile

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.