Vishay Intertechnology, Inc. (NYSE:VSH) Shares Bought by Twelve Points Wealth Management LLC

Twelve Points Wealth Management LLC increased its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 738.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 105,623 shares of the semiconductor company’s stock after purchasing an additional 93,030 shares during the period. Twelve Points Wealth Management LLC owned 0.08% of Vishay Intertechnology worth $1,789,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Mountaineer Partners Management LLC grew its position in Vishay Intertechnology by 924.9% during the third quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock valued at $394,161,000 after acquiring an additional 18,810,325 shares during the period. Needham Investment Management LLC grew its holdings in shares of Vishay Intertechnology by 39.2% during the 3rd quarter. Needham Investment Management LLC now owns 1,260,000 shares of the semiconductor company’s stock worth $23,827,000 after purchasing an additional 355,000 shares during the period. Bernzott Capital Advisors acquired a new stake in Vishay Intertechnology during the 3rd quarter worth approximately $5,378,000. Charles Schwab Investment Management Inc. raised its holdings in Vishay Intertechnology by 17.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company’s stock valued at $32,336,000 after buying an additional 248,741 shares during the period. Finally, Systematic Financial Management LP lifted its position in Vishay Intertechnology by 15.1% during the third quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company’s stock valued at $26,253,000 after buying an additional 182,212 shares in the last quarter. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VSH has been the topic of several recent research reports. JPMorgan Chase & Co. assumed coverage on Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 price target on the stock. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Thursday, December 26th.

Vishay Intertechnology Stock Performance

Shares of NYSE VSH opened at $16.23 on Wednesday. Vishay Intertechnology, Inc. has a 12-month low of $14.95 and a 12-month high of $24.68. The stock has a 50 day simple moving average of $17.28 and a 200-day simple moving average of $18.63. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. The company has a market cap of $2.20 billion, a PE ratio of 26.17 and a beta of 1.13.

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

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.47%. The ex-dividend date was Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 64.52%.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $16.71, for a total transaction of $340,198.89. Following the completion of the sale, the chairman now directly owns 32,957 shares of the company’s stock, valued at approximately $550,711.47. This represents a 38.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 8.14% of the company’s 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.