12,421 Shares in Vishay Intertechnology, Inc. (NYSE:VSH) Purchased by Vestcor Inc

Vestcor Inc acquired a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,421 shares of the semiconductor company’s stock, valued at approximately $210,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VSH. GSA Capital Partners LLP acquired a new stake in shares of Vishay Intertechnology during the 3rd quarter worth about $426,000. Quest Partners LLC grew its position in Vishay Intertechnology by 4,009,500.0% in the 3rd quarter. Quest Partners LLC now owns 40,096 shares of the semiconductor company’s stock valued at $758,000 after acquiring an additional 40,095 shares in the last quarter. Intech Investment Management LLC acquired a new position in Vishay Intertechnology in the 3rd quarter valued at about $818,000. Charles Schwab Investment Management Inc. grew its position in Vishay Intertechnology by 17.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company’s stock valued at $32,336,000 after acquiring an additional 248,741 shares in the last quarter. Finally, Meridian Wealth Management LLC acquired a new position in Vishay Intertechnology in the 3rd quarter valued at about $207,000. 93.66% of the stock is owned by institutional investors and hedge funds.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $17.05 on Wednesday. The stock has a 50-day simple moving average of $17.22 and a 200-day simple moving average of $17.57. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70. The stock has a market capitalization of $2.31 billion, a PE ratio of -71.02 and a beta of 1.13. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.69.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology’s payout ratio is presently -166.67%.

Analysts Set New Price Targets

VSH has been the subject of several research reports. JPMorgan Chase & Co. initiated coverage on Vishay Intertechnology in a research report on Monday, December 16th. They issued a “neutral” rating and a $19.00 target price for the company. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday.

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 value of $458,730.88. Following the completion of the transaction, the chairman now owns 76,468 shares in the company, valued at approximately $1,290,779.84. This trade represents a 26.22 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 8.14% of the company’s stock.

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.