Alps Advisors Inc. Increases Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Alps Advisors Inc. raised its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 7.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 436,138 shares of the semiconductor company's stock after acquiring an additional 31,346 shares during the period. Alps Advisors Inc. owned about 0.32% of Vishay Intertechnology worth $6,935,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of VSH. Charles Schwab Investment Management Inc. grew its position in Vishay Intertechnology by 26.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,169,246 shares of the semiconductor company's stock valued at $36,747,000 after acquiring an additional 459,252 shares during the last quarter. Atria Investments Inc grew its position in Vishay Intertechnology by 3.2% during the fourth quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company's stock valued at $318,000 after acquiring an additional 590 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Vishay Intertechnology during the fourth quarter valued at approximately $568,000. PNC Financial Services Group Inc. grew its position in Vishay Intertechnology by 3.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company's stock valued at $339,000 after acquiring an additional 714 shares during the last quarter. Finally, Wealthfront Advisers LLC bought a new position in Vishay Intertechnology during the fourth quarter valued at approximately $38,000. 93.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a research report on Saturday, May 10th.

Insider Activity at Vishay Intertechnology

In related news, Director Michael J. Cody purchased 3,500 shares of the business's stock in a transaction that occurred on Wednesday, June 11th. The shares were acquired at an average price of $16.12 per share, for a total transaction of $56,420.00. Following the completion of the acquisition, the director directly owned 60,169 shares in the company, valued at approximately $969,924.28. The trade was a 6.18% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO David Mcconnell purchased 2,000 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was bought at an average price of $14.69 per share, for a total transaction of $29,380.00. Following the acquisition, the chief financial officer owned 53,501 shares of the company's stock, valued at $785,929.69. This represents a 3.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 16,750 shares of company stock worth $253,568 over the last quarter. Corporate insiders own 8.32% of the company's stock.

Vishay Intertechnology Trading Down 2.1%

Shares of Vishay Intertechnology stock traded down $0.37 on Monday, hitting $17.48. The stock had a trading volume of 1,375,004 shares, compared to its average volume of 1,993,709. The company has a quick ratio of 1.79, a current ratio of 2.80 and a debt-to-equity ratio of 0.49. Vishay Intertechnology, Inc. has a one year low of $10.35 and a one year high of $24.68. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of -35.67 and a beta of 1.12. The stock's 50-day simple moving average is $15.23 and its two-hundred day simple moving average is $15.59.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.03). Vishay Intertechnology had a negative net margin of 2.28% and a positive return on equity of 1.46%. The firm had revenue of $715.24 million for the quarter, compared to analysts' expectations of $713.50 million. During the same quarter last year, the business earned $0.22 earnings per share. The business's revenue was down 4.2% on a year-over-year basis. As a group, sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 18th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend was Wednesday, June 18th. Vishay Intertechnology's dividend payout ratio (DPR) is currently -81.63%.

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.