Loomis Sayles & Co. L P Invests $5.46 Million in Vishay Intertechnology, Inc. (NYSE:VSH)

Loomis Sayles & Co. L P bought a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the fourth quarter, Holdings Channel reports. The firm bought 322,055 shares of the semiconductor company’s stock, valued at approximately $5,456,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. 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 worth $26,253,000 after acquiring an additional 182,212 shares in the last quarter. Bernzott Capital Advisors increased its holdings in Vishay Intertechnology by 27.9% in the 4th quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company’s stock valued at $6,160,000 after purchasing an additional 79,214 shares in the last quarter. Verition Fund Management LLC purchased a new position in Vishay Intertechnology in the third quarter valued at about $906,000. Holocene Advisors LP lifted its stake in shares of Vishay Intertechnology by 64.4% during the third quarter. Holocene Advisors LP now owns 184,252 shares of the semiconductor company’s stock worth $3,484,000 after purchasing an additional 72,178 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of Vishay Intertechnology by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company’s stock worth $45,593,000 after buying an additional 117,692 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on VSH. JPMorgan Chase & Co. began 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 shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th.

Insider Activity

In related news, Chairman Marc Zandman sold 27,176 shares of the company’s stock in a transaction 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 $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 accessible through this link. Company insiders own 8.14% of the company’s stock.

Vishay Intertechnology Trading Down 2.5 %

NYSE:VSH opened at $16.21 on Friday. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of -67.53 and a beta of 1.13. Vishay Intertechnology, Inc. has a one year low of $14.95 and a one year high of $24.69. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70. The business’s 50-day simple moving average is $17.30 and its 200 day simple moving average is $17.48.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date was Thursday, March 13th. Vishay Intertechnology’s payout ratio is -166.67%.

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.