Bragg Financial Advisors Inc Boosts Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Bragg Financial Advisors Inc lifted its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 42.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,108,069 shares of the semiconductor company’s stock after acquiring an additional 327,675 shares during the quarter. Bragg Financial Advisors Inc’s holdings in Vishay Intertechnology were worth $18,771,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Wealthfront Advisers LLC purchased a new stake in Vishay Intertechnology during the 4th quarter worth approximately $38,000. Blue Trust Inc. increased its stake in shares of Vishay Intertechnology by 275.9% in the fourth 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. Sterling Capital Management LLC raised its holdings in Vishay Intertechnology by 819.2% in the fourth quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company’s stock valued at $67,000 after acquiring an additional 3,547 shares in the last quarter. IFP Advisors Inc boosted its stake in Vishay Intertechnology by 351.1% during the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock valued at $74,000 after acquiring an additional 3,406 shares during the last quarter. Finally, Manchester Capital Management LLC grew its holdings in 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 acquiring an additional 6,030 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Insider Buying and Selling

In related news, Chairman Marc Zandman sold 27,176 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total transaction of $458,730.88. Following the completion of the transaction, the chairman now owns 76,468 shares in the company, valued at $1,290,779.84. The trade was a 26.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.14% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th. JPMorgan Chase & Co. began coverage on Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 target price on the stock.

Vishay Intertechnology Stock Down 3.7 %

VSH stock opened at $11.03 on Friday. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of -45.95 and a beta of 1.06. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $24.69. The firm has a fifty day moving average price of $16.35 and a two-hundred day moving average price of $17.02. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date was Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio is presently -166.67%.

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.