Vishay Intertechnology, Inc. (NYSE:VSH) Stock Position Decreased by Summit Investment Advisors Inc.

Summit Investment Advisors Inc. decreased its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 64.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,694 shares of the semiconductor company's stock after selling 23,275 shares during the quarter. Summit Investment Advisors Inc.'s holdings in Vishay Intertechnology were worth $215,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in VSH. Vanguard Group Inc. increased its stake in shares of Vishay Intertechnology by 7.9% during the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock worth $281,652,000 after acquiring an additional 1,224,112 shares during the period. Norges Bank purchased a new position in shares of Vishay Intertechnology during the 4th quarter worth approximately $143,719,000. American Century Companies Inc. lifted its holdings in shares of Vishay Intertechnology by 9.3% in the 4th quarter. American Century Companies Inc. now owns 3,838,847 shares of the semiconductor company's stock valued at $65,030,000 after buying an additional 325,859 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Vishay Intertechnology by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company's stock valued at $45,593,000 after buying an additional 117,692 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Vishay Intertechnology by 26.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,169,246 shares of the semiconductor company's stock worth $36,747,000 after acquiring an additional 459,252 shares in the last quarter. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Intertechnology Trading Down 0.2 %

NYSE:VSH traded down $0.03 during trading hours on Friday, reaching $12.91. 1,412,463 shares of the company were exchanged, compared to its average volume of 1,746,980. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of -53.79 and a beta of 1.06. The stock has a 50 day simple moving average of $15.11 and a 200 day simple moving average of $16.57. Vishay Intertechnology, Inc. has a 52-week low of $10.35 and a 52-week high of $24.69. 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. Investors of record on Thursday, March 13th were issued a $0.10 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.40 annualized dividend and a yield of 3.10%. Vishay Intertechnology's payout ratio is -166.67%.

Analyst Upgrades and Downgrades

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

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the firm'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 of the company's stock, valued at $1,290,779.84. This trade represents a 26.22 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 8.32% of the company's stock.

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.