Vishay Intertechnology, Inc. (NYSE:VSH) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lessened its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 3.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 436,017 shares of the semiconductor company’s stock after selling 16,675 shares during the period. Rhumbline Advisers owned approximately 0.32% of Vishay Intertechnology worth $7,386,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Quantbot Technologies LP lifted its holdings in Vishay Intertechnology by 89.7% in the 3rd quarter. Quantbot Technologies LP now owns 100,864 shares of the semiconductor company’s stock valued at $1,907,000 after acquiring an additional 47,700 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of Vishay Intertechnology by 2.5% in the 3rd quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock worth $50,548,000 after purchasing an additional 66,268 shares in the last quarter. Kovack Advisors Inc. bought a new stake in Vishay Intertechnology during the third quarter worth approximately $788,000. Systematic Financial Management LP grew its position in Vishay Intertechnology by 15.1% in the third quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company’s stock worth $26,253,000 after buying an additional 182,212 shares during the last quarter. Finally, Bernzott Capital Advisors grew its position in Vishay Intertechnology by 27.9% in the fourth quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company’s stock worth $6,160,000 after buying an additional 79,214 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Insider Activity

In other news, Chairman Marc Zandman sold 20,359 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $16.71, for a total value of $340,198.89. Following the completion of the sale, the chairman now directly owns 32,957 shares of the company’s stock, valued at $550,711.47. This represents a 38.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 8.14% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

VSH has been the subject of a number of recent research reports. JPMorgan Chase & Co. assumed coverage on Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 price objective for the company. StockNews.com downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Thursday, February 13th.

Vishay Intertechnology Stock Down 1.9 %

Shares of NYSE:VSH opened at $18.01 on Wednesday. The firm has a 50 day simple moving average of $17.23 and a 200 day simple moving average of $17.88. Vishay Intertechnology, Inc. has a 52 week low of $14.95 and a 52 week high of $24.68. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70. The company has a market cap of $2.44 billion, a PE ratio of -75.02 and a beta of 1.13.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be given a $0.10 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 2.22%. Vishay Intertechnology’s dividend payout ratio (DPR) 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.