Verdence Capital Advisors LLC Buys Shares of 31,382 Vishay Intertechnology, Inc. (NYSE:VSH)

Verdence Capital Advisors LLC acquired a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 31,382 shares of the semiconductor company's stock, valued at approximately $499,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in Vishay Intertechnology in the fourth quarter valued at about $143,719,000. Hood River Capital Management LLC bought a new position in shares of Vishay Intertechnology during the 4th quarter worth approximately $53,860,000. First Trust Advisors LP lifted its position in Vishay Intertechnology by 34.5% during the 4th quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock worth $86,011,000 after buying an additional 1,301,383 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 valued at $281,652,000 after purchasing an additional 1,224,112 shares during the last quarter. Finally, Woodline Partners LP increased its holdings in Vishay Intertechnology by 148.5% during the fourth quarter. Woodline Partners LP now owns 1,770,791 shares of the semiconductor company's stock worth $29,997,000 after buying an additional 1,058,173 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

Vishay Intertechnology Stock Performance

Shares of VSH stock traded up $0.11 on Wednesday, hitting $17.63. The company's stock had a trading volume of 2,685,848 shares, compared to its average volume of 1,877,582. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.79 and a current ratio of 2.80. The company has a market capitalization of $2.39 billion, a PE ratio of -35.97 and a beta of 1.12. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $24.69. The stock's 50 day moving average is $15.75 and its 200-day moving average is $15.62.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.03). Vishay Intertechnology had a negative net margin of 2.28% and a positive return on equity of 1.46%. The firm had revenue of $715.24 million for the quarter, compared to analyst estimates of $713.50 million. During the same period last year, the firm earned $0.22 EPS. The business's quarterly revenue was down 4.2% compared to the same quarter last year. Equities research analysts expect that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 18th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.40 annualized dividend and a yield of 2.27%. Vishay Intertechnology's dividend payout ratio is presently -81.63%.

Wall Street Analysts Forecast Growth

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

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.