Assenagon Asset Management S.A. Has $1.99 Million Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Assenagon Asset Management S.A. trimmed its position in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 41.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,149 shares of the semiconductor company's stock after selling 58,865 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.06% of Vishay Intertechnology worth $1,993,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. QRG Capital Management Inc. acquired a new stake in shares of Vishay Intertechnology during the third quarter worth approximately $651,000. Vanguard Group Inc. boosted its holdings in shares of Vishay Intertechnology by 1.5% during the third quarter. Vanguard Group Inc. now owns 14,136,439 shares of the semiconductor company's stock worth $349,453,000 after purchasing an additional 202,530 shares during the period. Comerica Bank acquired a new stake in shares of Vishay Intertechnology during the second quarter worth approximately $17,404,000. Pacer Advisors Inc. boosted its holdings in shares of Vishay Intertechnology by 59.5% during the fourth quarter. Pacer Advisors Inc. now owns 44,185 shares of the semiconductor company's stock worth $1,059,000 after purchasing an additional 16,476 shares during the period. Finally, Alamar Capital Management LLC boosted its holdings in shares of Vishay Intertechnology by 1.1% during the second quarter. Alamar Capital Management LLC now owns 88,440 shares of the semiconductor company's stock worth $2,600,000 after purchasing an additional 951 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 26,154 shares of Vishay Intertechnology stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $22.83, for a total value of $597,095.82. Following the transaction, the chairman now owns 73,678 shares of the company's stock, valued at $1,682,068.74. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 8.02% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus restated a "buy" rating and set a $25.00 price target on shares of Vishay Intertechnology in a report on Wednesday.

Vishay Intertechnology Stock Up 0.2 %

NYSE VSH traded up $0.04 during trading on Friday, reaching $21.89. The company's stock had a trading volume of 1,204,690 shares, compared to its average volume of 1,333,156. The company has a current ratio of 3.32, a quick ratio of 2.38 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $3.01 billion, a PE ratio of 9.48 and a beta of 1.24. The business has a 50-day moving average price of $22.17 and a 200-day moving average price of $22.84. Vishay Intertechnology, Inc. has a 1-year low of $20.57 and a 1-year high of $30.10.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its earnings results on Wednesday, February 7th. The semiconductor company reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.01. The firm had revenue of $785.24 million during the quarter, compared to analysts' expectations of $787.15 million. Vishay Intertechnology had a net margin of 9.52% and a return on equity of 15.72%. The company's revenue was down 8.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.69 earnings per share. On average, research analysts forecast that Vishay Intertechnology, Inc. will post 1.1 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 14th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend was Wednesday, March 13th. Vishay Intertechnology's dividend payout ratio (DPR) is presently 17.32%.

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.