Geode Capital Management LLC Cuts Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Geode Capital Management LLC cut its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,785,886 shares of the semiconductor company's stock after selling 111,044 shares during the period. Geode Capital Management LLC owned approximately 2.05% of Vishay Intertechnology worth $47,204,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. DnB Asset Management AS purchased a new position in Vishay Intertechnology during the fourth quarter valued at approximately $360,000. Norges Bank bought a new stake in Vishay Intertechnology in the 4th quarter worth approximately $143,719,000. Loomis Sayles & Co. L P bought a new position in shares of Vishay Intertechnology during the 4th quarter valued at approximately $5,456,000. AI Squared Management Ltd purchased a new position in shares of Vishay Intertechnology in the fourth quarter valued at $1,582,000. Finally, Prudential Financial Inc. raised its stake in Vishay Intertechnology by 144.4% during the fourth quarter. Prudential Financial Inc. now owns 115,754 shares of the semiconductor company's stock valued at $1,961,000 after purchasing an additional 68,386 shares in the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total value of $458,730.88. Following the transaction, the chairman now owns 76,468 shares in the company, valued at approximately $1,290,779.84. This represents a 26.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 8.14% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Tuesday, March 18th.

Vishay Intertechnology Trading Up 3.3 %

Shares of NYSE VSH traded up $0.36 during trading hours on Friday, reaching $11.26. The stock had a trading volume of 2,035,178 shares, compared to its average volume of 1,716,086. The business's fifty day moving average price is $15.85 and its two-hundred day moving average price is $16.82. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of -46.90 and a beta of 1.06. Vishay Intertechnology, Inc. has a 52-week low of $10.35 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 disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.55%. Vishay Intertechnology's dividend payout ratio is presently -166.67%.

About Vishay Intertechnology

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.