Vishay Intertechnology, Inc. (NYSE:VSH) Shares Sold by Poplar Forest Capital LLC

Poplar Forest Capital LLC lowered its stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 21.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 830,287 shares of the semiconductor company's stock after selling 229,580 shares during the period. Vishay Intertechnology accounts for 2.6% of Poplar Forest Capital LLC's holdings, making the stock its 20th biggest position. Poplar Forest Capital LLC owned 0.61% of Vishay Intertechnology worth $14,065,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Mountaineer Partners Management LLC raised its stake in Vishay Intertechnology by 924.9% in the 3rd quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company's stock worth $394,161,000 after acquiring an additional 18,810,325 shares during the last quarter. Cambiar Investors LLC purchased a new position in shares of Vishay Intertechnology in the fourth quarter worth about $13,173,000. Needham Investment Management LLC lifted its holdings in shares of Vishay Intertechnology by 39.2% during the third quarter. Needham Investment Management LLC now owns 1,260,000 shares of the semiconductor company's stock worth $23,827,000 after purchasing an additional 355,000 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Vishay Intertechnology by 17.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company's stock valued at $32,336,000 after buying an additional 248,741 shares during the last quarter. Finally, Systematic Financial Management LP boosted its position in 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 valued at $26,253,000 after buying an additional 182,212 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

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Vishay Intertechnology Stock Performance

VSH stock traded up $0.47 during trading on Wednesday, hitting $17.41. 1,541,144 shares of the company traded hands, compared to its average volume of 1,848,315. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.68. The company has a market cap of $2.36 billion, a PE ratio of -72.55 and a beta of 1.13. The stock's 50-day simple moving average is $17.21 and its 200 day simple moving average is $17.78. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73.

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology's dividend payout ratio (DPR) is -166.67%.

Insider Activity at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the completion of the transaction, the chairman now owns 76,468 shares in the company, valued at $1,290,779.84. The trade was a 26.22 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 8.14% of the company's stock.

Analysts Set New Price Targets

Several analysts have commented on VSH shares. StockNews.com upgraded shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. initiated coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They set a "neutral" rating and a $19.00 target price for the company.

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.