First Eagle Investment Management LLC Takes $9.05 Million Position in Vishay Intertechnology, Inc. (NYSE:VSH)

First Eagle Investment Management LLC bought a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 534,000 shares of the semiconductor company's stock, valued at approximately $9,046,000. First Eagle Investment Management LLC owned 0.39% of Vishay Intertechnology at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Mountaineer Partners Management LLC boosted its stake 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 buying an additional 18,810,325 shares during the period. Cambiar Investors LLC purchased a new position in shares of Vishay Intertechnology in the 4th quarter valued at about $13,173,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Vishay Intertechnology by 26.9% in the 4th 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 during the period. Needham Investment Management LLC boosted its stake in shares of Vishay Intertechnology by 39.2% in 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 buying an additional 355,000 shares during the period. Finally, Systematic Financial Management LP boosted its stake in shares of Vishay Intertechnology by 15.1% in the 3rd quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company's stock valued at $26,253,000 after buying an additional 182,212 shares during the period. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

VSH has been the subject of several recent research reports. JPMorgan Chase & Co. initiated coverage on Vishay Intertechnology in a research note on Monday, December 16th. They issued a "neutral" rating and a $19.00 price objective for the company. StockNews.com upgraded Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Tuesday.

Insider Buying and Selling

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology 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 transaction, the chairman now owns 76,468 shares of the company's stock, 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 filing with the SEC, which is available at this hyperlink. 8.14% of the stock is owned by company insiders.

Vishay Intertechnology Stock Up 1.8 %

VSH stock traded up $0.32 during trading on Wednesday, hitting $17.36. 1,334,745 shares of the company's stock were exchanged, compared to its average volume of 1,469,913. The business has a 50-day moving average price of $17.22 and a two-hundred day moving average price of $17.57. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of -72.31 and a beta of 1.13. Vishay Intertechnology, Inc. has a 52-week low of $14.95 and a 52-week high of $24.69. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45.

Vishay Intertechnology Announces Dividend

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

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.