Polymer Capital Management HK LTD Buys Shares of 27,293 Vishay Intertechnology, Inc. (NYSE:VSH)

Polymer Capital Management HK LTD purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the fourth quarter, Holdings Channel.com reports. The fund purchased 27,293 shares of the semiconductor company’s stock, valued at approximately $462,000.

Other institutional investors have also recently made changes to their positions in the company. Wealthfront Advisers LLC purchased a new position in Vishay Intertechnology in the fourth quarter worth approximately $38,000. Blue Trust Inc. lifted its stake in shares of Vishay Intertechnology by 275.9% in the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock valued at $46,000 after purchasing an additional 1,989 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Vishay Intertechnology by 351.1% during the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 3,406 shares during the period. Manchester Capital Management LLC increased its position in shares of 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 purchasing an additional 6,030 shares during the last quarter. Finally, Matrix Trust Co lifted its position in Vishay Intertechnology by 660.1% in the fourth quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company’s stock valued at $170,000 after buying an additional 8,700 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Down 4.7 %

Vishay Intertechnology stock opened at $11.87 on Monday. The firm has a market capitalization of $1.61 billion, a P/E ratio of -49.46 and a beta of 1.06. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. Vishay Intertechnology, Inc. has a twelve month low of $10.58 and a twelve month high of $24.69. The stock’s fifty day simple moving average is $17.03 and its 200-day simple moving average is $17.33.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 annualized dividend and a yield of 3.37%. Vishay Intertechnology’s dividend payout ratio (DPR) is -166.67%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. StockNews.com raised 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 report on Monday, December 16th. They issued a “neutral” rating and a $19.00 target price on the stock.

Insider Buying and Selling at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total value of $458,730.88. Following the sale, the chairman now directly owns 76,468 shares of the company’s stock, valued at approximately $1,290,779.84. This represents a 26.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 8.14% of the stock is owned by corporate insiders.

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.