235,600 Shares in Vishay Intertechnology, Inc. (NYSE:VSH) Purchased by Polymer Capital Management US LLC

Polymer Capital Management US LLC acquired a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 235,600 shares of the semiconductor company’s stock, valued at approximately $3,991,000. Vishay Intertechnology accounts for 1.1% of Polymer Capital Management US LLC’s holdings, making the stock its 22nd biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VSH. Polymer Capital Management HK LTD bought a new position in shares of Vishay Intertechnology during the 4th quarter valued at approximately $462,000. Envestnet Asset Management Inc. boosted its stake in Vishay Intertechnology by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 104,986 shares of the semiconductor company’s stock worth $1,778,000 after buying an additional 1,767 shares during the period. Foundry Partners LLC increased its position in Vishay Intertechnology by 10.6% during the fourth quarter. Foundry Partners LLC now owns 20,128 shares of the semiconductor company’s stock valued at $341,000 after acquiring an additional 1,921 shares during the last quarter. DnB Asset Management AS purchased a new stake in shares of Vishay Intertechnology in the fourth quarter valued at $360,000. Finally, Norges Bank bought a new stake in shares of Vishay Intertechnology in the 4th quarter worth about $143,719,000. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 27,176 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total value of $458,730.88. Following the completion of 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 Securities & Exchange Commission, which is available through the SEC website. 8.14% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

VSH has been the topic of several analyst reports. JPMorgan Chase & Co. assumed coverage on shares of Vishay Intertechnology in a 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 Tuesday, March 18th.

Vishay Intertechnology Stock Down 4.7 %

NYSE:VSH opened at $11.87 on Monday. The company has a market cap of $1.61 billion, a price-to-earnings ratio of -49.46 and a beta of 1.06. Vishay Intertechnology, Inc. has a twelve month low of $10.58 and a twelve 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 stock has a fifty day simple moving average of $17.03 and a 200-day simple moving average of $17.33.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a yield of 3.37%. 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.