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

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

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Wealthfront Advisers LLC acquired a new position in shares of Vishay Intertechnology during the fourth quarter worth about $38,000. Blue Trust Inc. increased its stake in shares of Vishay Intertechnology by 275.9% during the fourth quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company's stock worth $46,000 after purchasing an additional 1,989 shares during the period. Sterling Capital Management LLC increased its stake in shares of Vishay Intertechnology by 819.2% during the fourth quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock worth $67,000 after purchasing an additional 3,547 shares during the period. IFP Advisors Inc increased its stake in shares of Vishay Intertechnology by 351.1% during the fourth quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock worth $74,000 after purchasing an additional 3,406 shares during the period. Finally, Manchester Capital Management LLC increased its stake in shares of Vishay Intertechnology by 526.6% during the fourth quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company's stock worth $122,000 after purchasing an additional 6,030 shares during the period. Institutional investors own 93.66% of the company's stock.

Insider Buying and Selling at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 27,176 shares of the firm's 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 of the company's stock, valued at approximately $1,290,779.84. This trade represents a 26.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO David Mcconnell bought 2,000 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was acquired at an average cost of $14.69 per share, for a total transaction 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 $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. Over the last ninety days, insiders bought 13,000 shares of company stock valued at $193,280. Company insiders own 8.32% of the company's stock.

Analyst Ratings Changes

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

Vishay Intertechnology Trading Down 2.1%

VSH traded down $0.30 during midday trading on Friday, hitting $13.91. 1,006,919 shares of the company were exchanged, compared to its average volume of 1,795,576. The firm has a market capitalization of $1.89 billion, a P/E ratio of -57.97 and a beta of 1.06. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $24.69. The firm's 50 day moving average price is $13.67 and its 200-day moving average price is $16.04. 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 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). 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 for the quarter, compared to the consensus estimate of $713.50 million. During the same period in the prior year, the business earned $0.22 EPS. The firm's revenue for the quarter was down 4.2% on a year-over-year basis. As a group, equities analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed 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. This represents a $0.40 annualized dividend 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%.

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.