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

Jefferies Financial Group Inc. cut its holdings in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 93.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Vishay Intertechnology by 7.9% in the 4th quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock worth $281,652,000 after buying an additional 1,224,112 shares during the last quarter. Norges Bank bought a new position in shares of Vishay Intertechnology during the fourth quarter valued at $143,719,000. First Trust Advisors LP raised its position in shares of Vishay Intertechnology by 34.5% in the 4th quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock worth $86,011,000 after purchasing an additional 1,301,383 shares during the last quarter. American Century Companies Inc. raised its position in shares of Vishay Intertechnology by 9.3% in the 4th quarter. American Century Companies Inc. now owns 3,838,847 shares of the semiconductor company's stock worth $65,030,000 after purchasing an additional 325,859 shares during the last quarter. Finally, Hood River Capital Management LLC bought a new position in Vishay Intertechnology in the 4th quarter worth about $53,860,000. Institutional investors own 93.66% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Saturday, May 10th.

Insider Activity at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 27,176 shares of the company's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the completion of the sale, the chairman now directly owns 76,468 shares in the company, valued at $1,290,779.84. This represents a 26.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO David Mcconnell purchased 2,000 shares of Vishay Intertechnology stock in a transaction on Monday, May 12th. The stock was bought at an average price of $14.69 per share, with a total value of $29,380.00. Following the transaction, the chief financial officer now owns 53,501 shares of the company's stock, valued at approximately $785,929.69. This represents a 3.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 13,000 shares of company stock worth $193,280. 8.32% of the stock is owned by company insiders.

Vishay Intertechnology Stock Performance

Shares of NYSE VSH traded down $0.58 during midday trading on Wednesday, hitting $14.31. 1,566,613 shares of the stock traded hands, compared to its average volume of 1,794,889. The firm has a market capitalization of $1.94 billion, a P/E ratio of -59.60 and a beta of 1.06. Vishay Intertechnology, Inc. has a one year low of $10.35 and a one year high of $24.69. 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 firm has a 50-day moving average of $13.79 and a two-hundred day moving average of $16.08.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, meeting analysts' consensus estimates of ($0.03). The company had revenue of $715.24 million during the quarter, compared to analysts' expectations of $713.50 million. Vishay Intertechnology had a positive return on equity of 3.06% and a negative net margin of 1.06%. Vishay Intertechnology's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.22 earnings per share. On average, equities analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Wednesday, June 18th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.40 annualized dividend and a yield of 2.80%. Vishay Intertechnology's dividend payout ratio (DPR) is -81.63%.

Vishay Intertechnology 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.