Woodline Partners LP Has $30 Million Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Woodline Partners LP grew its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 148.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,770,791 shares of the semiconductor company's stock after purchasing an additional 1,058,173 shares during the period. Woodline Partners LP owned approximately 1.30% of Vishay Intertechnology worth $29,997,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Norges Bank purchased a new position in shares of Vishay Intertechnology during the 4th quarter valued at approximately $143,719,000. Hood River Capital Management LLC purchased a new position in shares of Vishay Intertechnology during the 4th quarter valued at approximately $53,860,000. First Trust Advisors LP boosted its stake in shares of 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 valued at $86,011,000 after buying an additional 1,301,383 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Vishay Intertechnology by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock valued at $281,652,000 after buying an additional 1,224,112 shares during the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. lifted its stake in Vishay Intertechnology by 69.4% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 2,463,334 shares of the semiconductor company's stock worth $41,729,000 after purchasing an additional 1,009,042 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company's stock.

Vishay Intertechnology Stock Performance

NYSE VSH traded down $0.30 during trading hours on Friday, hitting $13.91. The company had a trading volume of 1,006,919 shares, compared to its average volume of 1,799,059. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $24.69. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45. The business has a fifty day simple moving average of $13.67 and a 200-day simple moving average of $16.02. The firm has a market cap of $1.89 billion, a P/E ratio of -57.97 and a beta of 1.06.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, meeting analysts' consensus estimates of ($0.03). The company had revenue of $715.24 million for the quarter, compared to analyst estimates of $713.50 million. Vishay Intertechnology had a positive return on equity of 3.06% and a negative net margin of 1.06%. The company's quarterly revenue was down 4.2% compared to the same quarter last year. During the same period last year, the company earned $0.22 earnings per share. Equities analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Dividend Announcement

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

Insider Activity

In other news, Chairman Marc Zandman sold 27,176 shares of the firm's stock in a transaction on 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David Mcconnell purchased 2,000 shares of the 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 acquisition, the chief financial officer now directly owns 53,501 shares of the company's stock, valued at approximately $785,929.69. This trade represents a 3.88% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 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 cut Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note 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.