Wealthfront Advisers LLC Makes New Investment in Vishay Intertechnology, Inc. (NYSE:VSH)

Wealthfront Advisers LLC acquired a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,239 shares of the semiconductor company’s stock, valued at approximately $38,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP boosted its stake in shares of Vishay Intertechnology by 89.7% in the 3rd quarter. Quantbot Technologies LP now owns 100,864 shares of the semiconductor company’s stock worth $1,907,000 after buying an additional 47,700 shares during the last quarter. Fisher Asset Management LLC boosted its stake 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 worth $50,548,000 after buying an additional 66,268 shares during the last quarter. Systematic Financial Management LP boosted its stake in shares of Vishay Intertechnology by 15.1% in the 3rd quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company’s stock worth $26,253,000 after buying an additional 182,212 shares during the last quarter. Bernzott Capital Advisors boosted its stake in shares of Vishay Intertechnology by 27.9% in the 4th quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company’s stock worth $6,160,000 after buying an additional 79,214 shares during the last quarter. Finally, Verition Fund Management LLC purchased a new position in shares of Vishay Intertechnology in the 3rd quarter worth approximately $906,000. 93.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on VSH. JPMorgan Chase & Co. began 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. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday.

Insiders Place Their Bets

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction 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 sale, the chairman now owns 76,468 shares in the company, valued at $1,290,779.84. This represents a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 8.14% of the company’s stock.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock opened at $17.05 on Wednesday. Vishay Intertechnology, Inc. has a 12 month low of $14.95 and a 12 month high of $24.69. 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 business’s 50 day simple moving average is $17.22 and its 200 day simple moving average is $17.57. The company has a market cap of $2.31 billion, a price-to-earnings ratio of -71.02 and a beta of 1.13.

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 2.35%. Vishay Intertechnology’s dividend payout ratio is currently -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.