Vishay Intertechnology, Inc. (NYSE:VSH) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lowered its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 8.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 397,941 shares of the semiconductor company's stock after selling 38,076 shares during the quarter. Rhumbline Advisers owned approximately 0.29% of Vishay Intertechnology worth $6,327,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. First Trust Advisors LP boosted its position in Vishay Intertechnology by 34.5% during the fourth 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 in the last quarter. 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 purchasing an additional 29,137 shares in 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 purchasing an additional 117,692 shares in 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 purchasing an additional 1,224,112 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in Vishay Intertechnology during the fourth quarter worth approximately $568,000. Hedge funds and other institutional investors own 93.66% of the company's stock.

Vishay Intertechnology Price Performance

Shares of Vishay Intertechnology stock traded down $0.79 during mid-day trading on Friday, reaching $15.16. 1,360,457 shares of the stock traded hands, compared to its average volume of 1,818,550. The business has a 50-day moving average of $13.54 and a 200 day moving average of $15.84. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $24.69. The stock has a market capitalization of $2.05 billion, a PE ratio of -63.17 and a beta of 1.09. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last announced its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, meeting analysts' consensus estimates of ($0.03). Vishay Intertechnology had a positive return on equity of 3.06% and a negative net margin of 1.06%. The business had revenue of $715.24 million during the quarter, compared to analysts' expectations of $713.50 million. During the same quarter in the prior year, the firm earned $0.22 earnings per share. The business's revenue was down 4.2% compared to the same quarter last year. On average, analysts predict 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 issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.64%. Vishay Intertechnology's payout ratio is currently -81.63%.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded 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, CFO David Mcconnell purchased 2,000 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average price of $14.69 per share, with a total value of $29,380.00. Following the completion of the acquisition, the chief financial officer now owns 53,501 shares in the company, valued at $785,929.69. This trade represents a 3.88% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Roy Shoshani purchased 10,000 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was bought at an average cost of $14.95 per share, with a total value of $149,500.00. Following the acquisition, the executive vice president now owns 106,550 shares of the company's stock, valued at approximately $1,592,922.50. The trade was a 10.36% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 16,750 shares of company stock valued at $253,568. 8.32% of the stock is currently owned by insiders.

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.