Jefferies Financial Group Inc. Cuts Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Jefferies Financial Group Inc. decreased its stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 93.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,201 shares of the semiconductor company's stock after selling 154,799 shares during the quarter. Jefferies Financial Group Inc.'s holdings in Vishay Intertechnology were worth $173,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. First Trust Advisors LP grew its position in shares of Vishay Intertechnology by 34.5% in the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock valued at $86,011,000 after purchasing an additional 1,301,383 shares during the period. Sei Investments Co. boosted its position in Vishay Intertechnology by 20.6% during the fourth quarter. Sei Investments Co. now owns 170,659 shares of the semiconductor company's stock worth $2,891,000 after acquiring an additional 29,137 shares during the last quarter. Principal Financial Group Inc. boosted its position in Vishay Intertechnology by 4.6% during the fourth quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company's stock worth $45,593,000 after acquiring an additional 117,692 shares during the last quarter. Vanguard Group Inc. boosted its position in Vishay Intertechnology by 7.9% during the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock worth $281,652,000 after acquiring an additional 1,224,112 shares during the last quarter. Finally, Twelve Points Wealth Management LLC boosted its position in Vishay Intertechnology by 738.7% during the fourth quarter. Twelve Points Wealth Management LLC now owns 105,623 shares of the semiconductor company's stock worth $1,789,000 after acquiring an additional 93,030 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company's stock.

Vishay Intertechnology Price Performance

VSH traded down $0.30 on Friday, reaching $13.91. 1,006,919 shares of the company's stock were exchanged, compared to its average volume of 1,799,059. The stock has a market cap of $1.89 billion, a PE ratio of -57.97 and a beta of 1.06. Vishay Intertechnology, Inc. has a twelve month low of $10.35 and a twelve month high of $24.69. The stock's fifty day moving average price is $13.67 and its 200-day moving average price is $16.02. 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 (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). The firm had revenue of $715.24 million for the quarter, compared to analyst estimates of $713.50 million. Vishay Intertechnology had a negative net margin of 1.06% and a positive return on equity of 3.06%. Vishay Intertechnology's quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.22 earnings per share. Sell-side analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date is Wednesday, June 18th. Vishay Intertechnology's dividend payout ratio (DPR) is presently -81.63%.

Insiders Place Their Bets

In other news, CFO David Mcconnell bought 2,000 shares of Vishay Intertechnology stock in a transaction on Monday, May 12th. The shares were bought at an average cost of $14.69 per share, with a total value of $29,380.00. Following the completion of the purchase, the chief financial officer now directly owns 53,501 shares of the company's stock, valued at approximately $785,929.69. This trade represents a 3.88% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction of $458,730.88. Following the transaction, the chairman now directly owns 76,468 shares in the company, valued at $1,290,779.84. This trade represents a 26.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have bought 13,000 shares of company stock valued at $193,280 over the last ninety days. Company insiders own 8.32% of the company's stock.

Analyst Ratings Changes

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

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.