Vishay Intertechnology, Inc. (NYSE:VSH) Position Boosted by Invenomic Capital Management LP

Invenomic Capital Management LP increased its stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 173.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 669,874 shares of the semiconductor company's stock after acquiring an additional 424,979 shares during the period. Invenomic Capital Management LP owned approximately 0.49% of Vishay Intertechnology worth $11,348,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Atria Investments Inc boosted its position in shares of Vishay Intertechnology by 3.2% in the fourth quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company's stock worth $318,000 after buying an additional 590 shares during the period. Coldstream Capital Management Inc. lifted its position in Vishay Intertechnology by 6.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 11,090 shares of the semiconductor company's stock worth $188,000 after acquiring an additional 663 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Vishay Intertechnology by 3.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company's stock worth $339,000 after acquiring an additional 714 shares during the period. Somerset Trust Co grew 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 acquiring an additional 1,152 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Vishay Intertechnology by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 104,986 shares of the semiconductor company's stock worth $1,778,000 after purchasing an additional 1,767 shares in the last quarter. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a report on Saturday.

Vishay Intertechnology Stock Up 2.0%

NYSE VSH traded up $0.29 during mid-day trading on Wednesday, reaching $15.13. 2,686,563 shares of the company's stock traded hands, compared to its average volume of 1,784,389. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $24.69. The company has a fifty day simple moving average of $14.00 and a 200-day simple moving average of $16.17. The company has a market cap of $2.05 billion, a price-to-earnings ratio of -63.04 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) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.03). The business had revenue of $715.24 million during the quarter, compared to analyst estimates of $713.50 million. Vishay Intertechnology had a negative net margin of 1.06% and a positive return on equity of 3.06%. The business's revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.22 earnings per share. As a group, equities research analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date was Thursday, March 13th. Vishay Intertechnology's dividend payout ratio is presently -81.63%.

Insider Transactions at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 27,176 shares of the company'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 completion of the transaction, the chairman now directly owns 76,468 shares in the company, valued at $1,290,779.84. This represents a 26.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO David Mcconnell bought 2,000 shares of the business's stock in a transaction on Monday, May 12th. The stock was bought at an average price 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 position. The disclosure for this purchase can be found here. In the last quarter, insiders bought 13,000 shares of company stock worth $193,280. 8.32% of the stock is currently owned by corporate insiders.

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.