Exchange Traded Concepts LLC Purchases New Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Exchange Traded Concepts LLC purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 16,810 shares of the semiconductor company's stock, valued at approximately $285,000.

A number of other institutional investors have also modified their holdings of VSH. Inspire Investing LLC raised its holdings in Vishay Intertechnology by 8.7% in the 4th quarter. Inspire Investing LLC now owns 23,658 shares of the semiconductor company's stock valued at $401,000 after acquiring an additional 1,898 shares during the last quarter. Somerset Trust Co grew its position in shares of Vishay Intertechnology by 10.4% in the fourth quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company's stock valued at $208,000 after purchasing an additional 1,152 shares during the period. Bernzott Capital Advisors increased its stake in Vishay Intertechnology by 27.9% in the fourth 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 last quarter. Matrix Trust Co lifted its position in 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 buying an additional 8,700 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in Vishay Intertechnology by 1.2% in the 3rd quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company's stock worth $48,669,000 after buying an additional 30,515 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company's stock.

Wall Street Analysts Forecast Growth

VSH has been the subject of a number of research analyst reports. StockNews.com downgraded shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Tuesday. JPMorgan Chase & Co. assumed 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 for the company.

Vishay Intertechnology Trading Up 2.2 %

NYSE:VSH traded up $0.37 on Tuesday, hitting $16.63. 1,756,182 shares of the stock were exchanged, compared to its average volume of 1,560,452. The stock has a fifty day moving average of $17.30 and a 200-day moving average of $18.37. The stock has a market cap of $2.26 billion, a PE ratio of 26.81 and a beta of 1.13. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. Vishay Intertechnology, Inc. has a fifty-two week low of $14.95 and a fifty-two week high of $24.68.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.06). The business had revenue of $735.35 million for the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The firm's revenue for the quarter was down 13.9% compared to the same quarter last year. During the same period last year, the company posted $0.60 EPS. As a group, equities analysts expect that Vishay Intertechnology, Inc. will post 0.56 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were issued a dividend of $0.10 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $0.40 annualized dividend and a dividend yield of 2.41%. Vishay Intertechnology's payout ratio is 64.52%.

Insider Buying and Selling

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of the business's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total transaction of $340,198.89. Following the transaction, the chairman now owns 32,957 shares in the company, valued at $550,711.47. The trade was a 38.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.14% of the stock is owned by corporate insiders.

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.