Royce & Associates LP Sells 38,925 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Royce & Associates LP reduced its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 1.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,483,642 shares of the semiconductor company’s stock after selling 38,925 shares during the quarter. Royce & Associates LP owned 1.83% of Vishay Intertechnology worth $42,073,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealthfront Advisers LLC bought a new stake in shares of Vishay Intertechnology during the 4th quarter worth $38,000. Blue Trust Inc. lifted its position 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 worth $46,000 after buying an additional 1,989 shares during the last quarter. IFP Advisors Inc lifted its position in shares of Vishay Intertechnology by 351.1% during the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock worth $74,000 after buying an additional 3,406 shares during the last quarter. Manchester Capital Management LLC lifted its position in shares of Vishay Intertechnology by 526.6% during the 4th quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company’s stock worth $122,000 after buying an additional 6,030 shares during the last quarter. Finally, Matrix Trust Co lifted its position in shares of Vishay Intertechnology by 660.1% during the 4th 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 during the last quarter. 93.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. JPMorgan Chase & Co. assumed coverage on Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 price objective for the company. StockNews.com downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Friday, March 7th.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock opened at $16.89 on Friday. 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 $2.29 billion, a PE ratio of -70.39 and a beta of 1.13. Vishay Intertechnology, Inc. has a 12 month low of $14.95 and a 12 month high of $24.69. The stock has a 50-day moving average price of $17.22 and a two-hundred day moving average price of $17.63.

Vishay Intertechnology Dividend Announcement

The business also recently declared 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. The ex-dividend date is Thursday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 2.37%. Vishay Intertechnology’s payout ratio is -166.67%.

Insider Activity

In other news, Chairman Marc Zandman sold 27,176 shares of the 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 sale, the chairman now owns 76,468 shares of the company’s stock, valued at approximately $1,290,779.84. This represents a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 8.14% of the company’s stock.

About Vishay Intertechnology

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.