Vanguard Group Inc. Grows Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Vanguard Group Inc. increased its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 7.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,626,430 shares of the semiconductor company’s stock after buying an additional 1,224,112 shares during the quarter. Vanguard Group Inc. owned 12.24% of Vishay Intertechnology worth $281,652,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in VSH. Bernzott Capital Advisors boosted its stake 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 worth $6,160,000 after acquiring an additional 79,214 shares during the last quarter. Verition Fund Management LLC purchased a new position in Vishay Intertechnology during the third quarter valued at $906,000. Holocene Advisors LP grew its holdings in Vishay Intertechnology by 64.4% during the third quarter. Holocene Advisors LP now owns 184,252 shares of the semiconductor company’s stock valued at $3,484,000 after purchasing an additional 72,178 shares during the period. Principal Financial Group Inc. increased its position in 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 worth $45,593,000 after buying an additional 117,692 shares in the last quarter. Finally, Twelve Points Wealth Management LLC raised its stake in shares of Vishay Intertechnology by 738.7% in the fourth quarter. Twelve Points Wealth Management LLC now owns 105,623 shares of the semiconductor company’s stock worth $1,789,000 after buying an additional 93,030 shares during the period. 93.66% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the sale, the chairman now directly owns 76,468 shares of the company’s stock, valued at approximately $1,290,779.84. The trade was a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 8.14% of the company’s stock.

Vishay Intertechnology Stock Performance

NYSE:VSH opened at $11.87 on Friday. The stock has a 50-day moving average price of $17.03 and a 200 day moving average price of $17.35. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. Vishay Intertechnology, Inc. has a 12-month low of $10.58 and a 12-month high of $24.69. The stock has a market capitalization of $1.61 billion, a P/E ratio of -49.46 and a beta of 1.06.

Vishay Intertechnology Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on VSH shares. StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th. JPMorgan Chase & Co. initiated coverage on shares of Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 price objective on the stock.

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.