Crestline Management LP Acquires 279,237 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Crestline Management LP grew its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 1,070.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 305,329 shares of the semiconductor company's stock after acquiring an additional 279,237 shares during the period. Crestline Management LP owned about 0.22% of Vishay Intertechnology worth $5,172,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealthfront Advisers LLC bought a new stake in Vishay Intertechnology during the fourth quarter worth about $38,000. 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. Sterling Capital Management LLC grew its position 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 holdings in shares of Vishay Intertechnology by 351.1% in the fourth quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock worth $74,000 after acquiring an additional 3,406 shares during the period. Finally, Manchester Capital Management LLC increased its position in shares of 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 last quarter. Hedge funds and other institutional investors own 93.66% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Vishay Intertechnology from a "hold" rating to a "sell" rating in a research report on Wednesday, April 30th.

Vishay Intertechnology Price Performance

Shares of VSH stock traded up $0.28 during mid-day trading 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. The company has a market capitalization of $1.78 billion, a P/E ratio of -54.75 and a beta of 1.06. The stock's 50 day moving average price is $14.17 and its 200-day moving average price is $16.23. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. Vishay Intertechnology, Inc. has a 52-week low of $10.35 and a 52-week high of $24.69.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its 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 firm had revenue of $715.24 million for the quarter, compared to the consensus estimate of $713.50 million. During the same period in the previous year, the firm posted $0.22 EPS. The business's quarterly revenue was down 4.2% on a year-over-year basis. Equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed 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 3.04%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology's payout ratio is currently -81.63%.

Insider Activity

In other news, Chairman Marc Zandman sold 27,176 shares of the firm's stock in a transaction that occurred 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 transaction, the chairman now directly owns 76,468 shares of the company's stock, valued at approximately $1,290,779.84. This trade represents a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 8.32% of the company's stock.

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.