PNC Financial Services Group Inc. Buys 714 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

PNC Financial Services Group Inc. raised its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,010 shares of the semiconductor company’s stock after acquiring an additional 714 shares during the period. PNC Financial Services Group Inc.’s holdings in Vishay Intertechnology were worth $339,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of VSH. Quantbot Technologies LP increased its position in shares of Vishay Intertechnology by 89.7% during the 3rd quarter. Quantbot Technologies LP now owns 100,864 shares of the semiconductor company’s stock valued at $1,907,000 after purchasing an additional 47,700 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of Vishay Intertechnology by 2.5% during the 3rd quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock valued at $50,548,000 after purchasing an additional 66,268 shares during the last quarter. Systematic Financial Management LP increased its position in shares of Vishay Intertechnology by 15.1% during the 3rd quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company’s stock valued at $26,253,000 after purchasing an additional 182,212 shares during the last quarter. Bernzott Capital Advisors increased its position in shares of Vishay Intertechnology by 27.9% during the 4th quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company’s stock valued at $6,160,000 after purchasing an additional 79,214 shares during the last quarter. Finally, Verition Fund Management LLC purchased a new stake in shares of Vishay Intertechnology during the 3rd quarter valued at $906,000. 93.66% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Chairman Marc Zandman sold 27,176 shares of the company’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total transaction of $458,730.88. Following the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 8.14% of the company’s stock.

Analyst Ratings Changes

VSH has been the subject of several recent research reports. 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 for the company. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Tuesday.

Vishay Intertechnology Trading Down 1.9 %

Shares of VSH opened at $16.88 on Friday. The business has a 50-day moving average of $17.25 and a 200 day moving average of $17.54. Vishay Intertechnology, Inc. has a fifty-two week low of $14.95 and a fifty-two week high of $24.69. The firm has a market cap of $2.29 billion, a P/E ratio of -70.31 and a beta of 1.13. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio is presently -166.67%.

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.