Concentric Capital Strategies LP purchased a new stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 226,465 shares of the semiconductor company's stock, valued at approximately $3,836,000. Concentric Capital Strategies LP owned 0.17% of Vishay Intertechnology as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Wealthfront Advisers LLC acquired a new position in shares of Vishay Intertechnology in the fourth quarter worth about $38,000. Blue Trust Inc. lifted its position in shares of Vishay Intertechnology by 275.9% in 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 in the last quarter. Sterling Capital Management LLC boosted its stake in Vishay Intertechnology by 819.2% in the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock worth $67,000 after purchasing an additional 3,547 shares during the period. IFP Advisors Inc grew its position in Vishay Intertechnology by 351.1% during the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock worth $74,000 after purchasing an additional 3,406 shares in the last quarter. Finally, Manchester Capital Management LLC raised its stake in Vishay Intertechnology by 526.6% during the 4th quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company's stock valued at $122,000 after purchasing an additional 6,030 shares during the period. Hedge funds and other institutional investors own 93.66% of the company's stock.
Insider Buying and Selling at Vishay Intertechnology
In other news, Chairman Marc Zandman sold 27,176 shares of the 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 transaction, the chairman now owns 76,468 shares of the company's stock, valued at approximately $1,290,779.84. This represents a 26.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 8.32% of the company's stock.
Vishay Intertechnology Stock Up 2.2 %
Vishay Intertechnology stock traded up $0.28 during trading hours on Friday, hitting $13.14. The company had a trading volume of 1,500,710 shares, compared to its average volume of 1,765,795. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two 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. The firm has a market capitalization of $1.78 billion, a P/E ratio of -54.75 and a beta of 1.06. The firm's fifty day moving average is $14.17 and its 200-day moving average is $16.23.
Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.03). Vishay Intertechnology had a negative net margin of 1.06% and a positive return on equity of 3.06%. The business had revenue of $715.24 million for the quarter, compared to the consensus estimate of $713.50 million. During the same period in the prior year, the business posted $0.22 earnings per share. Vishay Intertechnology's revenue for the quarter was down 4.2% compared to the same quarter last year. On average, research analysts forecast that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.
Vishay Intertechnology Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology's payout ratio is presently -81.63%.
Analysts Set New Price Targets
Separately, StockNews.com cut Vishay Intertechnology from a "hold" rating to a "sell" rating in a research report on Wednesday, April 30th.
Get Our Latest Analysis on Vishay Intertechnology
Vishay Intertechnology Company Profile
(
Free Report)
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.
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