Twinbeech Capital LP Raises Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Twinbeech Capital LP raised its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 1,289.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 223,771 shares of the semiconductor company's stock after purchasing an additional 207,666 shares during the period. Twinbeech Capital LP owned 0.16% of Vishay Intertechnology worth $3,791,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Wealthfront Advisers LLC bought a new position in Vishay Intertechnology during the fourth quarter valued at approximately $38,000. Blue Trust Inc. increased its holdings in shares of Vishay Intertechnology by 275.9% in the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company's stock worth $46,000 after buying an additional 1,989 shares during the last quarter. Sterling Capital Management LLC increased its position in shares of Vishay Intertechnology by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock valued at $67,000 after purchasing an additional 3,547 shares during the last quarter. IFP Advisors Inc raised its holdings in Vishay Intertechnology by 351.1% during the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock valued at $74,000 after buying an additional 3,406 shares during the period. Finally, Manchester Capital Management LLC lifted its position in Vishay Intertechnology by 526.6% in the fourth quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company's stock worth $122,000 after buying an additional 6,030 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company's stock.

Insider Buying and Selling

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total value of $458,730.88. Following the completion of the transaction, the chairman now directly owns 76,468 shares in the company, valued at approximately $1,290,779.84. The trade was a 26.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO David Mcconnell bought 2,000 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The shares were purchased at an average cost of $14.69 per share, with a total value of $29,380.00. Following the transaction, the chief financial officer now directly owns 53,501 shares of the company's stock, valued at $785,929.69. The trade was a 3.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 13,000 shares of company stock valued at $193,280 over the last 90 days. Corporate insiders own 8.32% of the company's stock.

Vishay Intertechnology Trading Down 2.1%

NYSE VSH traded down $0.30 during trading on Monday, hitting $13.91. The stock had a trading volume of 1,006,919 shares, compared to its average volume of 1,799,059. Vishay Intertechnology, Inc. has a one year low of $10.35 and a one year high of $24.69. The stock has a 50 day simple moving average of $13.67 and a 200 day simple moving average of $16.01. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of -57.97 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share for the quarter, hitting the consensus estimate 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 the consensus estimate of $713.50 million. During the same period last year, the company earned $0.22 earnings per share. The business's revenue for the quarter was down 4.2% compared to the same quarter last year. Sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

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

Analyst Upgrades and Downgrades

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 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.