National Bank of Canada FI Sells 5,238 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

National Bank of Canada FI lessened its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 26.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,644 shares of the semiconductor company’s stock after selling 5,238 shares during the period. National Bank of Canada FI’s holdings in Vishay Intertechnology were worth $248,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of VSH. Y Intercept Hong Kong Ltd bought a new stake in Vishay Intertechnology during the third quarter worth $453,000. Coldstream Capital Management Inc. bought a new stake in shares of Vishay Intertechnology during the 3rd quarter worth $196,000. Principal Financial Group Inc. raised its stake in shares of Vishay Intertechnology by 1.2% during the 3rd quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company’s stock worth $48,669,000 after purchasing an additional 30,515 shares during the period. Matrix Trust Co boosted its holdings in shares of Vishay Intertechnology by 660.1% in 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. Finally, Bernzott Capital Advisors grew its position in Vishay Intertechnology by 27.9% during the fourth quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company’s stock valued at $6,160,000 after buying an additional 79,214 shares during the period. 93.66% of the stock is owned by institutional investors.

Insider Activity

In other news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction on 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 transaction, the chairman now directly owns 76,468 shares in the company, valued at approximately $1,290,779.84. The trade was a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 8.14% of the company’s stock.

Vishay Intertechnology Trading Down 11.1 %

Shares of VSH opened at $11.49 on Friday. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $24.69. The business has a 50-day moving average of $16.46 and a 200 day moving average of $17.06. The firm has a market cap of $1.56 billion, a P/E ratio of -47.87 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 3.48%. Vishay Intertechnology’s payout ratio is -166.67%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on VSH shares. 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. initiated coverage on Vishay Intertechnology in a research note on Monday, December 16th. They issued a “neutral” rating and a $19.00 price objective on the stock.

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.