Kovack Advisors Inc. Boosts Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Kovack Advisors Inc. raised its holdings in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 121.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,350 shares of the semiconductor company's stock after purchasing an additional 50,675 shares during the period. Kovack Advisors Inc. owned 0.07% of Vishay Intertechnology worth $1,564,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Blue Trust Inc. grew 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 purchasing an additional 1,989 shares in the last quarter. IFP Advisors Inc grew its holdings in Vishay Intertechnology by 351.1% during the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock valued at $74,000 after buying an additional 3,406 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new position in Vishay Intertechnology during the third quarter valued at approximately $101,000. Manchester Capital Management LLC grew its stake in Vishay Intertechnology by 526.6% during the fourth quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company's stock valued at $122,000 after acquiring an additional 6,030 shares in the last quarter. Finally, Matrix Trust Co grew its stake in Vishay Intertechnology by 660.1% during the fourth quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company's stock valued at $170,000 after acquiring an additional 8,700 shares in the last quarter. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

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Vishay Intertechnology Price Performance

Shares of VSH traded up $0.38 during midday trading on Friday, reaching $17.16. The stock had a trading volume of 2,441,338 shares, compared to its average volume of 1,848,065. The company's 50-day moving average is $17.24 and its 200 day moving average is $17.84. Vishay Intertechnology, Inc. has a 12-month low of $14.95 and a 12-month high of $24.68. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $2.33 billion, a price-to-earnings ratio of -71.48 and a beta of 1.12.

Vishay Intertechnology Dividend Announcement

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 given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology's payout ratio is presently -166.67%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. StockNews.com upgraded shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Thursday. JPMorgan Chase & Co. began coverage on Vishay Intertechnology in a research report on Monday, December 16th. They set a "neutral" rating and a $19.00 target price for the company.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $16.71, for a total transaction of $340,198.89. Following the completion of the sale, the chairman now owns 32,957 shares of the company's stock, valued at $550,711.47. This represents a 38.19 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 8.14% of the company's stock.

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.