Hood River Capital Management LLC Acquires Shares of 3,179,455 Vishay Intertechnology, Inc. (NYSE:VSH)

Hood River Capital Management LLC bought a new stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,179,455 shares of the semiconductor company's stock, valued at approximately $53,860,000. Hood River Capital Management LLC owned 2.34% of Vishay Intertechnology at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Atria Investments Inc lifted its position in Vishay Intertechnology by 3.2% during the fourth quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company's stock worth $318,000 after purchasing an additional 590 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Vishay Intertechnology by 3.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company's stock worth $339,000 after buying an additional 714 shares in the last quarter. Somerset Trust Co raised its position in Vishay Intertechnology by 10.4% in the fourth quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company's stock valued at $208,000 after purchasing an additional 1,152 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Vishay Intertechnology by 1.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 104,986 shares of the semiconductor company's stock worth $1,778,000 after buying an additional 1,767 shares during the period. Finally, Inspire Investing LLC grew its stake in shares of Vishay Intertechnology by 8.7% in the fourth quarter. Inspire Investing LLC now owns 23,658 shares of the semiconductor company's stock worth $401,000 after purchasing an additional 1,898 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company's stock.

Vishay Intertechnology Price Performance

Shares of NYSE:VSH traded up $0.02 during trading on Monday, reaching $12.92. The company had a trading volume of 401,257 shares, compared to its average volume of 1,744,607. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $24.69. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The company has a fifty day moving average of $15.11 and a two-hundred day moving average of $16.55. The stock has a market capitalization of $1.75 billion, a P/E ratio of -53.83 and a beta of 1.06.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a yield of 3.10%. Vishay Intertechnology's dividend payout ratio is presently -166.67%.

Insider Buying and Selling

In other news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total transaction 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. This trade represents a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 8.32% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Tuesday, March 18th.

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.