Proficio Capital Partners LLC Takes Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Proficio Capital Partners LLC 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 SEC. The institutional investor acquired 33,507 shares of the semiconductor company's stock, valued at approximately $568,000.

A number of other institutional investors also recently added to or reduced their stakes in VSH. Somerset Trust Co raised its holdings in Vishay Intertechnology by 10.4% in the fourth quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company's stock worth $208,000 after purchasing an additional 1,152 shares in the last quarter. Inspire Investing LLC raised its stake in shares of Vishay Intertechnology by 8.7% during the 4th quarter. Inspire Investing LLC now owns 23,658 shares of the semiconductor company's stock worth $401,000 after acquiring an additional 1,898 shares in the last quarter. Blue Trust Inc. lifted its position in Vishay Intertechnology by 275.9% during the fourth quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company's stock valued at $46,000 after acquiring an additional 1,989 shares during the last quarter. Yousif Capital Management LLC boosted its stake in Vishay Intertechnology by 5.0% in the fourth quarter. Yousif Capital Management LLC now owns 46,193 shares of the semiconductor company's stock valued at $783,000 after acquiring an additional 2,190 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in Vishay Intertechnology by 14.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 26,500 shares of the semiconductor company's stock worth $449,000 after purchasing an additional 3,393 shares during the last quarter. Institutional investors own 93.66% of the company's stock.

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Insider Buying and Selling at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 27,176 shares of the company's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total value of $458,730.88. Following the sale, the chairman now directly owns 76,468 shares of the company's stock, valued at $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. Company insiders own 8.14% of the company's stock.

Vishay Intertechnology Stock Performance

Shares of NYSE:VSH traded up $0.18 on Thursday, hitting $16.71. 855,421 shares of the company were exchanged, compared to its average volume of 1,802,213. The firm has a market capitalization of $2.26 billion, a P/E ratio of -69.60 and a beta of 1.13. 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 1-year low of $14.95 and a 1-year high of $24.68. The stock's 50 day moving average price is $17.23 and its 200 day moving average price is $17.68.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a yield of 2.39%. Vishay Intertechnology's dividend payout ratio is currently -166.67%.

Analysts Set New Price Targets

Several brokerages have recently commented on VSH. StockNews.com lowered Vishay Intertechnology from a "hold" rating to a "sell" rating in a report on Friday, March 7th. JPMorgan Chase & Co. began coverage on Vishay Intertechnology in a research note on Monday, December 16th. They issued 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.