Sei Investments Co. Buys 29,137 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Sei Investments Co. grew its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 20.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 170,659 shares of the semiconductor company’s stock after purchasing an additional 29,137 shares during the quarter. Sei Investments Co. owned about 0.13% of Vishay Intertechnology worth $2,891,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Atria Investments Inc boosted its stake in Vishay Intertechnology by 3.2% during the 4th quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company’s stock valued at $318,000 after purchasing an additional 590 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Vishay Intertechnology by 3.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company’s stock worth $339,000 after buying an additional 714 shares in the last quarter. Somerset Trust Co raised its position in Vishay Intertechnology by 10.4% in the 4th quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company’s stock worth $208,000 after buying an additional 1,152 shares during the last quarter. Inspire Investing LLC raised its position in Vishay Intertechnology by 8.7% in the 4th quarter. Inspire Investing LLC now owns 23,658 shares of the semiconductor company’s stock worth $401,000 after buying an additional 1,898 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in Vishay Intertechnology by 275.9% during the 4th 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 period. 93.66% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vishay Intertechnology

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 sale, the chairman now owns 76,468 shares of the company’s stock, valued at $1,290,779.84. This represents a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 8.14% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. assumed coverage on Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 price target on the stock. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.

Vishay Intertechnology Price Performance

NYSE:VSH opened at $11.87 on Friday. The stock has a market cap of $1.61 billion, a PE ratio of -49.46 and a beta of 1.06. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45. The business’s 50-day simple moving average is $17.03 and its two-hundred day simple moving average is $17.35. Vishay Intertechnology, Inc. has a 52 week low of $10.58 and a 52 week high of $24.69.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.37%. The ex-dividend date was Thursday, March 13th. Vishay Intertechnology’s payout ratio is currently -166.67%.

Vishay Intertechnology 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.