Twelve Points Wealth Management LLC Acquires 93,030 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Twelve Points Wealth Management LLC increased its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 738.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,623 shares of the semiconductor company's stock after purchasing an additional 93,030 shares during the quarter. Twelve Points Wealth Management LLC owned approximately 0.08% of Vishay Intertechnology worth $1,789,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Algert Global LLC purchased a new position in shares of Vishay Intertechnology in the 2nd quarter valued at approximately $254,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vishay Intertechnology by 11,136.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company's stock worth $48,000 after purchasing an additional 2,116 shares during the period. Cascade Investment Advisors Inc. lifted its stake in shares of Vishay Intertechnology by 2.2% in the third quarter. Cascade Investment Advisors Inc. now owns 60,450 shares of the semiconductor company's stock valued at $1,143,000 after purchasing an additional 1,300 shares during the period. SG Americas Securities LLC purchased a new stake in Vishay Intertechnology during the third quarter worth about $593,000. Finally, Adirondack Trust Co. lifted its holdings in shares of Vishay Intertechnology by 71.4% in the third quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company's stock valued at $91,000 after purchasing an additional 2,000 shares in the last quarter. 93.66% of the stock is owned by institutional investors and hedge funds.

Vishay Intertechnology Price Performance

Shares of VSH stock traded up $0.26 during mid-day trading on Friday, hitting $16.91. 2,248,362 shares of the stock traded hands, compared to its average volume of 1,350,743. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.85 and a current ratio of 2.81. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 27.27 and a beta of 1.13. The company's 50-day simple moving average is $17.35 and its 200-day simple moving average is $18.51. Vishay Intertechnology, Inc. has a twelve month low of $14.95 and a twelve month high of $24.68.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The firm had revenue of $735.35 million during the quarter, compared to analysts' expectations of $748.84 million. During the same period last year, the business earned $0.60 earnings per share. The business's revenue was down 13.9% on a year-over-year basis. As a group, equities research analysts expect that Vishay Intertechnology, Inc. will post 0.56 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend was Tuesday, December 3rd. Vishay Intertechnology's dividend payout ratio is 64.52%.

Insider Buying and Selling

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total value of $340,198.89. Following the sale, the chairman now owns 32,957 shares of the company's stock, valued at $550,711.47. This trade represents a 38.19 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 8.14% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. StockNews.com upgraded Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Thursday, December 26th. JPMorgan Chase & Co. initiated coverage on Vishay Intertechnology in a report on Monday, December 16th. They issued a "neutral" rating and a $19.00 price objective on the stock.

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.