Oppenheimer Asset Management Inc. Decreases Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Oppenheimer Asset Management Inc. cut its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 8.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 223,563 shares of the semiconductor company’s stock after selling 21,557 shares during the quarter. Oppenheimer Asset Management Inc. owned 0.16% of Vishay Intertechnology worth $3,787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Mountaineer Partners Management LLC boosted its stake in shares of 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 purchasing an additional 18,810,325 shares during the period. Principal Financial Group Inc. raised its holdings in Vishay Intertechnology by 4.6% during the 4th quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company’s stock valued at $45,593,000 after buying an additional 117,692 shares during the last quarter. Fisher Asset Management LLC boosted its position in Vishay Intertechnology by 2.5% during the 3rd quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock valued at $50,548,000 after buying an additional 66,268 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Vishay Intertechnology by 17.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company’s stock worth $32,336,000 after acquiring an additional 248,741 shares during the last quarter. Finally, Systematic Financial Management LP increased its position in shares of Vishay Intertechnology by 15.1% in 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 acquiring an additional 182,212 shares during the period. 93.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on VSH. JPMorgan Chase & Co. began coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 target price for the company. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Thursday.

Vishay Intertechnology Stock Up 2.2 %

Shares of NYSE VSH opened at $17.16 on Friday. The firm has a fifty day simple moving average of $17.24 and a two-hundred day simple moving average of $17.84. Vishay Intertechnology, Inc. has a 12 month low of $14.95 and a 12 month high of $24.68. 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 firm has a market capitalization of $2.33 billion, a PE ratio of -71.48 and a beta of 1.12.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology’s payout ratio is currently -166.67%.

Insiders Place Their Bets

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of the stock in a transaction 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 in the company, valued at approximately $550,711.47. This represents a 38.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 8.14% of the stock is currently owned by company 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.