LSV Asset Management Reduces Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

LSV Asset Management lessened its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 58.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 254,546 shares of the semiconductor company’s stock after selling 356,660 shares during the period. LSV Asset Management owned approximately 0.19% of Vishay Intertechnology worth $4,312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC purchased a new position in Vishay Intertechnology during the fourth quarter valued at approximately $38,000. Blue Trust Inc. increased its holdings in shares of Vishay Intertechnology by 275.9% during the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock valued at $46,000 after purchasing an additional 1,989 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of Vishay Intertechnology by 351.1% in the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 3,406 shares during the period. Manchester Capital Management LLC lifted its stake in shares of Vishay Intertechnology by 526.6% in the 4th quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company’s stock valued at $122,000 after purchasing an additional 6,030 shares during the period. Finally, Matrix Trust Co boosted its holdings in Vishay Intertechnology by 660.1% during the fourth quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company’s stock worth $170,000 after buying an additional 8,700 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Stock Down 3.7 %

Shares of NYSE:VSH opened at $11.03 on Monday. The business has a 50-day moving average price of $16.35 and a 200 day moving average price of $17.01. Vishay Intertechnology, Inc. has a 12-month low of $10.35 and a 12-month high of $24.69. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of -45.95 and a beta of 1.06.

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.63%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio is currently -166.67%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VSH. JPMorgan Chase & Co. started coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They issued a “neutral” rating and a $19.00 price target for the company. StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th.

Insiders Place Their Bets

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The shares were 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 of the company’s stock, valued at $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 is available at this link. Insiders own 8.14% of the company’s stock.

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.