DnB Asset Management AS bought a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,272 shares of the semiconductor company's stock, valued at approximately $360,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC purchased a new stake in shares of Vishay Intertechnology in the fourth quarter valued at approximately $38,000. Blue Trust Inc. lifted its position in shares of Vishay Intertechnology by 275.9% in the fourth 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 in the last quarter. IFP Advisors Inc lifted its position in shares of Vishay Intertechnology by 351.1% in the fourth quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock valued at $74,000 after acquiring an additional 3,406 shares in the last quarter. Manchester Capital Management LLC boosted its stake in shares of Vishay Intertechnology by 526.6% in the fourth quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company's stock worth $122,000 after acquiring an additional 6,030 shares during the last quarter. Finally, Matrix Trust Co increased its position in shares of Vishay Intertechnology by 660.1% during the fourth quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company's stock worth $170,000 after purchasing an additional 8,700 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Vishay Intertechnology
In related news, Chairman Marc Zandman sold 27,176 shares of the business's stock in a transaction that occurred 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 sale, the chairman now owns 76,468 shares in the company, valued at $1,290,779.84. The trade was a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 8.14% of the stock is owned by corporate insiders.
Vishay Intertechnology Stock Down 4.7 %
Shares of VSH stock traded down $0.58 during trading on Friday, reaching $11.87. The company's stock had a trading volume of 5,614,729 shares, compared to its average volume of 1,631,641. Vishay Intertechnology, Inc. has a 1-year low of $10.58 and a 1-year high of $24.69. The stock's 50-day moving average price is $17.03 and its 200 day moving average price is $17.35. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of -49.46 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73.
Vishay Intertechnology Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were issued a $0.10 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.40 annualized dividend and a yield of 3.37%. Vishay Intertechnology's dividend payout ratio (DPR) is -166.67%.
Analysts Set New Price Targets
VSH has been the topic of several recent research reports. StockNews.com upgraded Vishay Intertechnology from a "sell" rating to a "hold" rating in a report on Tuesday, March 18th. JPMorgan Chase & Co. initiated coverage on shares of Vishay Intertechnology in a research note on Monday, December 16th. They set a "neutral" rating and a $19.00 target price on the stock.
Get Our Latest Stock Report on VSH
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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