Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 63,855 shares of the semiconductor company's stock, valued at approximately $1,082,000.
A number of other institutional investors have also recently modified their holdings of the business. Mountaineer Partners Management LLC increased 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 valued at $394,161,000 after purchasing an additional 18,810,325 shares in the last quarter. Cambiar Investors LLC acquired a new position in Vishay Intertechnology during the fourth quarter worth about $13,173,000. Charles Schwab Investment Management Inc. increased its holdings in Vishay Intertechnology by 26.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,169,246 shares of the semiconductor company's stock valued at $36,747,000 after buying an additional 459,252 shares in the last quarter. Needham Investment Management LLC lifted its position in shares of Vishay Intertechnology by 39.2% during the 3rd quarter. Needham Investment Management LLC now owns 1,260,000 shares of the semiconductor company's stock valued at $23,827,000 after acquiring an additional 355,000 shares during the period. Finally, Systematic Financial Management LP boosted its stake in shares of 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 worth $26,253,000 after acquiring an additional 182,212 shares in the last quarter. 93.66% of the stock is currently owned by hedge funds and other institutional investors.
Vishay Intertechnology Price Performance
Shares of Vishay Intertechnology stock traded up $0.49 during trading on Monday, hitting $17.35. 1,355,152 shares of the company were exchanged, compared to its average volume of 1,508,314. The firm has a 50 day moving average price of $17.25 and a 200 day moving average price of $17.52. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of -72.30 and a beta of 1.13. The company has a quick ratio of 1.73, a current ratio of 2.70 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 $24.69.
Vishay Intertechnology Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be given a $0.10 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 2.31%. Vishay Intertechnology's dividend payout ratio is currently -166.67%.
Analyst Ratings Changes
VSH has been the subject of several research analyst reports. StockNews.com raised 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 research note on Monday, December 16th. They set a "neutral" rating and a $19.00 price target for the company.
Get Our Latest Stock Report on VSH
Insider Activity at Vishay Intertechnology
In related news, Chairman Marc Zandman sold 27,176 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total transaction of $458,730.88. Following the transaction, the chairman now 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 8.14% of the company's stock.
Vishay Intertechnology Company Profile
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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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