American Century Companies Inc. raised its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) by 9.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,838,847 shares of the semiconductor company’s stock after purchasing an additional 325,859 shares during the period. American Century Companies Inc.’s holdings in Vishay Intertechnology were worth $65,030,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in VSH. Mountaineer Partners Management LLC increased its holdings in Vishay Intertechnology by 924.9% in the 3rd quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock valued at $394,161,000 after purchasing an additional 18,810,325 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Vishay Intertechnology by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company’s stock valued at $45,593,000 after buying an additional 117,692 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Vishay Intertechnology by 2.5% in the 3rd quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock valued at $50,548,000 after buying an additional 66,268 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Vishay Intertechnology by 26.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,169,246 shares of the semiconductor company’s stock worth $36,747,000 after acquiring an additional 459,252 shares in the last quarter. Finally, Systematic Financial Management LP boosted its holdings in Vishay Intertechnology by 15.1% during the 3rd quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company’s stock valued at $26,253,000 after acquiring an additional 182,212 shares during the period. 93.66% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on VSH. JPMorgan Chase & Co. began coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They issued a “neutral” rating and a $19.00 price objective for the company. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th.
Insiders Place Their Bets
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 transaction, the chairman now owns 76,468 shares in the company, valued at approximately $1,290,779.84. This represents a 26.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.14% of the stock is owned by company insiders.
Vishay Intertechnology Trading Down 2.0 %
NYSE VSH opened at $16.99 on Wednesday. Vishay Intertechnology, Inc. has a 52 week low of $14.95 and a 52 week high of $24.69. The firm has a 50 day moving average of $17.29 and a two-hundred day moving average of $17.50. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $2.30 billion, a PE ratio of -70.79 and a beta of 1.13.
Vishay Intertechnology Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.35%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -166.67%.
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.
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