Foster & Motley Inc. Sells 27,555 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Foster & Motley Inc. trimmed its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 30.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,109 shares of the semiconductor company’s stock after selling 27,555 shares during the period. Foster & Motley Inc.’s holdings in Vishay Intertechnology were worth $1,086,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VSH. Algert Global LLC bought a new stake in shares of Vishay Intertechnology in the second quarter valued at about $254,000. Northwestern Mutual Wealth Management Co. raised its holdings in Vishay Intertechnology by 11,136.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 2,116 shares in the last quarter. Cascade Investment Advisors Inc. raised its holdings in Vishay Intertechnology by 2.2% during the third quarter. Cascade Investment Advisors Inc. now owns 60,450 shares of the semiconductor company’s stock worth $1,143,000 after acquiring an additional 1,300 shares in the last quarter. SG Americas Securities LLC bought a new stake in Vishay Intertechnology during the third quarter worth about $593,000. Finally, Adirondack Trust Co. raised its holdings in Vishay Intertechnology by 71.4% during the third quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company’s stock worth $91,000 after acquiring an additional 2,000 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on VSH. 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. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Thursday, December 26th.

Vishay Intertechnology Trading Up 1.3 %

Shares of NYSE:VSH opened at $16.64 on Friday. The company has a market capitalization of $2.26 billion, a P/E ratio of 26.83 and a beta of 1.13. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.68. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. The business’s 50 day simple moving average is $17.33 and its 200 day simple moving average is $18.60.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The business had revenue of $735.35 million for the quarter, compared to the consensus estimate of $748.84 million. During the same quarter in the previous year, the company earned $0.60 earnings per share. The firm’s revenue for the quarter was down 13.9% on a year-over-year basis. On average, research analysts anticipate that Vishay Intertechnology, Inc. will post 0.56 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.40%. The ex-dividend date was Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio is currently 64.52%.

Insider Activity

In other news, Chairman Marc Zandman sold 20,359 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total value of $340,198.89. Following the completion of the transaction, the chairman now owns 32,957 shares of the company’s stock, valued at $550,711.47. This represents a 38.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 8.14% of the stock is currently owned by insiders.

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.