Loomis Sayles & Co. L P Makes New $5.46 Million Investment in Vishay Intertechnology, Inc. (NYSE:VSH)

Loomis Sayles & Co. L P acquired a new position 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 acquired 322,055 shares of the semiconductor company's stock, valued at approximately $5,456,000. Loomis Sayles & Co. L P owned 0.24% of Vishay Intertechnology at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Systematic Financial Management LP lifted its position in shares of Vishay Intertechnology by 15.1% in the third quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company's stock worth $26,253,000 after purchasing an additional 182,212 shares in the last quarter. Bernzott Capital Advisors lifted its position in Vishay Intertechnology by 27.9% in the 4th quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company's stock worth $6,160,000 after buying an additional 79,214 shares in the last quarter. Verition Fund Management LLC purchased a new stake in Vishay Intertechnology in the 3rd quarter worth approximately $906,000. Holocene Advisors LP boosted its stake in shares of Vishay Intertechnology by 64.4% during the 3rd quarter. Holocene Advisors LP now owns 184,252 shares of the semiconductor company's stock valued at $3,484,000 after buying an additional 72,178 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in shares of Vishay Intertechnology by 4.6% during the 4th quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company's stock valued at $45,593,000 after acquiring an additional 117,692 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company's stock.

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Insiders Place Their Bets

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the sale, the chairman now owns 76,468 shares of the company's stock, valued at $1,290,779.84. This trade represents a 26.22 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 8.14% of the company's stock.

Vishay Intertechnology Stock Down 14.6 %

Shares of VSH traded down $2.33 during mid-day trading on Thursday, hitting $13.60. 808,151 shares of the company's stock were exchanged, compared to its average volume of 1,594,085. Vishay Intertechnology, Inc. has a twelve month low of $13.51 and a twelve month high of $24.69. The firm has a fifty day moving average of $17.23 and a two-hundred day moving average of $17.43. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of -56.67 and a beta of 1.13.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology's dividend payout ratio is -166.67%.

Wall Street Analyst Weigh In

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

Vishay Intertechnology Company 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.