Poplar Forest Capital LLC Sells 229,580 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Poplar Forest Capital LLC lessened its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 21.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 830,287 shares of the semiconductor company’s stock after selling 229,580 shares during the quarter. Vishay Intertechnology makes up approximately 2.6% of Poplar Forest Capital LLC’s portfolio, making the stock its 20th biggest holding. Poplar Forest Capital LLC’s holdings in Vishay Intertechnology were worth $14,065,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Somerset Trust Co raised its holdings in shares of Vishay Intertechnology by 10.4% in the 4th quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company’s stock worth $208,000 after purchasing an additional 1,152 shares during the period. Inspire Investing LLC raised its holdings in shares of Vishay Intertechnology by 8.7% in the 4th 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 period. Blue Trust Inc. raised its holdings in shares of Vishay Intertechnology by 275.9% in the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 1,989 shares during the period. Yousif Capital Management LLC raised its holdings in shares of Vishay Intertechnology by 5.0% in the 4th quarter. Yousif Capital Management LLC now owns 46,193 shares of the semiconductor company’s stock worth $783,000 after purchasing an additional 2,190 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its holdings in shares of Vishay Intertechnology by 14.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 26,500 shares of the semiconductor company’s stock worth $449,000 after purchasing an additional 3,393 shares during the period. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Trading Up 2.2 %

Shares of VSH stock opened at $17.16 on Friday. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.68. The company’s fifty day simple moving average is $17.24 and its two-hundred day simple moving average is $17.86. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of -71.48 and a beta of 1.12. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.40 annualized dividend and a yield of 2.33%. Vishay Intertechnology’s payout ratio is -166.67%.

Insider Buying and Selling at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $16.71, for a total transaction of $340,198.89. Following the completion of the sale, the chairman now directly owns 32,957 shares in the company, valued at $550,711.47. This represents a 38.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 8.14% of the company’s stock.

Wall Street Analysts Forecast Growth

VSH has been the topic of a number of analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 target price on the stock. StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Thursday.

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.