Northern Trust Corp Has $28.07 Million Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Northern Trust Corp trimmed its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 6.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,657,247 shares of the semiconductor company's stock after selling 114,156 shares during the period. Northern Trust Corp owned 1.22% of Vishay Intertechnology worth $28,074,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. First Trust Advisors LP grew its holdings in shares of Vishay Intertechnology by 34.5% during the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock worth $86,011,000 after purchasing an additional 1,301,383 shares during the last quarter. Bernzott Capital Advisors grew its holdings in Vishay Intertechnology by 27.9% during the 4th quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company's stock worth $6,160,000 after acquiring an additional 79,214 shares during the last quarter. Sei Investments Co. grew its holdings in Vishay Intertechnology by 20.6% during the 4th quarter. Sei Investments Co. now owns 170,659 shares of the semiconductor company's stock worth $2,891,000 after acquiring an additional 29,137 shares during the last quarter. Principal Financial Group Inc. increased its position in Vishay Intertechnology by 4.6% in the 4th quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company's stock valued at $45,593,000 after acquiring an additional 117,692 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Vishay Intertechnology by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock worth $281,652,000 after acquiring an additional 1,224,112 shares during the last quarter. Institutional investors own 93.66% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Saturday.

Insider Activity

In other news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction dated 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 owns 76,468 shares in the company, valued at $1,290,779.84. The trade was a 26.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO David Mcconnell bought 2,000 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were acquired at an average cost of $14.69 per share, with a total value of $29,380.00. Following the completion of the purchase, the chief financial officer now owns 53,501 shares in the company, valued at $785,929.69. This represents a 3.88% increase in their position. The disclosure for this purchase can be found here. Insiders bought 13,000 shares of company stock valued at $193,280 in the last quarter. Company insiders own 8.32% of the company's stock.

Vishay Intertechnology Trading Up 2.0%

Shares of NYSE:VSH traded up $0.29 during midday trading on Wednesday, hitting $15.13. The company had a trading volume of 2,686,563 shares, compared to its average volume of 1,781,120. The firm has a fifty day simple moving average of $14.06 and a 200 day simple moving average of $16.18. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of -63.04 and a beta of 1.06. 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 12 month low of $10.35 and a 12 month high of $24.69.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.03). The company had revenue of $715.24 million during 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 revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.22 EPS. On average, analysts predict 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 $0.10 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.40 annualized dividend and a yield of 2.64%. Vishay Intertechnology's dividend payout ratio (DPR) is presently -81.63%.

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.