Melqart Asset Management UK Ltd Acquires Shares of 177,720 Vishay Intertechnology, Inc. (NYSE:VSH)

Melqart Asset Management UK Ltd bought a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 177,720 shares of the semiconductor company's stock, valued at approximately $3,011,000. Melqart Asset Management UK Ltd owned about 0.13% of Vishay Intertechnology as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Vishay Intertechnology by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock worth $281,652,000 after buying an additional 1,224,112 shares in the last quarter. Norges Bank bought a new stake in shares of Vishay Intertechnology during the fourth quarter worth $143,719,000. First Trust Advisors LP lifted its stake in shares of Vishay Intertechnology by 34.5% during the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock valued at $86,011,000 after acquiring an additional 1,301,383 shares during the period. American Century Companies Inc. boosted 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 valued at $65,030,000 after acquiring an additional 325,859 shares during the last quarter. Finally, Hood River Capital Management LLC bought a new position in Vishay Intertechnology in the fourth quarter valued at about $53,860,000. Institutional investors own 93.66% of the company's stock.

Insider Activity

In related news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction 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 in the company, valued at approximately $1,290,779.84. This represents a 26.22 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 8.32% of the company's stock.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $12.91 on Friday. 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, Inc. has a 12 month low of $10.35 and a 12 month high of $24.69. The firm has a fifty day simple moving average of $15.11 and a 200 day simple moving average of $16.56. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of -53.79 and a beta of 1.06.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Thursday, March 13th. Vishay Intertechnology's dividend payout ratio is currently -166.67%.

Wall Street Analysts Forecast Growth

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

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.

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