KLP Kapitalforvaltning AS Invests $400,000 in Vishay Intertechnology, Inc. (NYSE:VSH)

KLP Kapitalforvaltning AS purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 23,600 shares of the semiconductor company's stock, valued at approximately $400,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sei Investments Co. increased its stake in shares of Vishay Intertechnology by 20.6% in the 4th quarter. Sei Investments Co. now owns 170,659 shares of the semiconductor company's stock worth $2,891,000 after acquiring an additional 29,137 shares in the last quarter. American Century Companies Inc. grew its holdings in Vishay Intertechnology by 9.3% in the fourth quarter. American Century Companies Inc. now owns 3,838,847 shares of the semiconductor company's stock worth $65,030,000 after purchasing an additional 325,859 shares during the period. Semanteon Capital Management LP increased its stake in shares of Vishay Intertechnology by 130.2% during the fourth quarter. Semanteon Capital Management LP now owns 41,714 shares of the semiconductor company's stock valued at $707,000 after purchasing an additional 23,590 shares in the last quarter. Maryland State Retirement & Pension System purchased a new position in shares of Vishay Intertechnology during the fourth quarter valued at approximately $642,000. Finally, Cibc World Markets Corp bought a new stake in shares of Vishay Intertechnology in the 4th quarter worth approximately $200,000. 93.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on VSH shares. JPMorgan Chase & Co. began coverage on Vishay Intertechnology in a research note on Monday, December 16th. They set a "neutral" rating and a $19.00 price objective for the company. StockNews.com raised Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Tuesday, March 18th.

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Vishay Intertechnology Stock Up 22.3 %

NYSE VSH traded up $2.36 during mid-day trading on Wednesday, reaching $12.93. The stock had a trading volume of 7,447,285 shares, compared to its average volume of 1,685,170. The stock has a market cap of $1.75 billion, a PE ratio of -53.88 and a beta of 1.06. Vishay Intertechnology, Inc. has a 1 year low of $10.35 and a 1 year high of $24.69. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. The company has a fifty day moving average price of $16.56 and a 200 day moving average price of $17.11.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology's dividend payout ratio is currently -166.67%.

Insider Activity at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 27,176 shares of the business'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 completion of the transaction, the chairman now directly 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. 8.14% of the stock is currently owned by 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.