Twelve Points Wealth Management LLC Buys 17,521 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Twelve Points Wealth Management LLC grew its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 16.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 123,144 shares of the semiconductor company's stock after acquiring an additional 17,521 shares during the period. Twelve Points Wealth Management LLC owned about 0.09% of Vishay Intertechnology worth $1,958,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealthfront Advisers LLC bought a new stake in shares of Vishay Intertechnology during the fourth quarter valued at approximately $38,000. GAMMA Investing LLC raised its stake in Vishay Intertechnology by 602.1% in the first quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock worth $43,000 after buying an additional 2,312 shares in the last quarter. Sterling Capital Management LLC raised its stake in Vishay Intertechnology by 819.2% in the fourth quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock worth $67,000 after buying an additional 3,547 shares in the last quarter. State of Wyoming raised its stake in Vishay Intertechnology by 234.2% in the fourth quarter. State of Wyoming now owns 8,893 shares of the semiconductor company's stock worth $151,000 after buying an additional 6,232 shares in the last quarter. Finally, Wolverine Trading LLC bought a new position in Vishay Intertechnology in the fourth quarter worth approximately $171,000. Institutional investors own 93.66% of the company's stock.

Wall Street Analyst Weigh In

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

Vishay Intertechnology Stock Performance

Shares of NYSE:VSH opened at $17.34 on Wednesday. The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of -35.39 and a beta of 1.12. Vishay Intertechnology, Inc. has a 52 week low of $10.35 and a 52 week high of $24.69. The company has a quick ratio of 1.79, a current ratio of 2.80 and a debt-to-equity ratio of 0.49. The firm has a 50 day moving average of $14.97 and a 200 day moving average of $15.60.

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

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 18th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend was Wednesday, June 18th. Vishay Intertechnology's payout ratio is presently -81.63%.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Director Michael J. Cody purchased 3,500 shares of Vishay Intertechnology stock in a transaction dated Wednesday, June 11th. The shares were acquired at an average cost of $16.12 per share, with a total value of $56,420.00. Following the completion of the transaction, the director owned 60,169 shares in the company, valued at approximately $969,924.28. This trade represents a 6.18% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO David Mcconnell purchased 2,000 shares of Vishay Intertechnology stock in a transaction dated Monday, May 12th. The shares were acquired at an average cost of $14.69 per share, for a total transaction of $29,380.00. Following the completion of the transaction, the chief financial officer owned 53,501 shares of the company's stock, valued at approximately $785,929.69. This represents a 3.88% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 16,750 shares of company stock valued at $253,568. Corporate insiders own 8.32% of the company's stock.

About Vishay Intertechnology

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.

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