Melqart Asset Management UK Ltd Acquires New Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Melqart Asset Management UK Ltd bought a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 177,720 shares of the semiconductor company's stock, valued at approximately $3,011,000. Melqart Asset Management UK Ltd owned approximately 0.13% of Vishay Intertechnology as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC acquired a new stake in Vishay Intertechnology during the 4th quarter worth $38,000. Blue Trust Inc. raised its stake in Vishay Intertechnology by 275.9% during the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company's stock worth $46,000 after acquiring an additional 1,989 shares in the last quarter. Sterling Capital Management LLC grew its position in Vishay Intertechnology by 819.2% during the 4th 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 last quarter. IFP Advisors Inc grew its position in Vishay Intertechnology by 351.1% during the 4th 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 last quarter. Finally, Manchester Capital Management LLC grew its position in Vishay Intertechnology by 526.6% during the 4th 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 last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

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.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology 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 value of $458,730.88. Following the transaction, the chairman now directly owns 76,468 shares of the company's stock, valued at $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 SEC, which is available through this hyperlink. Insiders own 8.32% of the company's stock.

Vishay Intertechnology Price Performance

NYSE:VSH traded down $0.07 during trading hours on Wednesday, reaching $13.02. 1,454,700 shares of the company traded hands, compared to its average volume of 1,745,005. The firm's 50-day moving average is $14.87 and its 200-day moving average is $16.49. The stock has a market cap of $1.77 billion, a P/E ratio of -54.25 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $24.69.

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology's dividend payout ratio (DPR) is -166.67%.

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.