Prudential Financial Inc. grew its holdings in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 144.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 115,754 shares of the semiconductor company's stock after acquiring an additional 68,386 shares during the period. Prudential Financial Inc. owned 0.09% of Vishay Intertechnology worth $1,961,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Wealthfront Advisers LLC bought a new stake in Vishay Intertechnology in the fourth quarter worth $38,000. Blue Trust Inc. lifted 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 worth $46,000 after buying an additional 1,989 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of 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 acquiring an additional 3,406 shares during the last quarter. Manchester Capital Management LLC raised its stake in shares of Vishay Intertechnology by 526.6% in the 4th 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 raised its stake in shares of Vishay Intertechnology by 660.1% in the 4th 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. Institutional investors and hedge funds own 93.66% of the company's stock.
Analyst Ratings Changes
VSH has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. initiated 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. StockNews.com raised shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a report on Tuesday, March 18th.
Check Out Our Latest Analysis on VSH
Vishay Intertechnology Stock Performance
Shares of NYSE VSH traded up $2.36 during trading hours on Wednesday, hitting $12.93. 7,447,285 shares of the company's stock were exchanged, compared to its average volume of 1,685,170. The company's 50-day moving average price is $16.56 and its 200-day moving average price is $17.11. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $24.69. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of -53.88 and a beta of 1.06. 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 firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.09%. Vishay Intertechnology's dividend payout ratio (DPR) is presently -166.67%.
Insider Activity
In related 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 transaction of $458,730.88. Following the completion of the transaction, the chairman now directly owns 76,468 shares in the company, valued at $1,290,779.84. This represents a 26.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 8.14% of the stock is owned by company insiders.
Vishay Intertechnology Company Profile
(
Free Report)
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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