Bernzott Capital Advisors Buys 79,214 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Bernzott Capital Advisors lifted its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 27.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 363,629 shares of the semiconductor company’s stock after acquiring an additional 79,214 shares during the quarter. Vishay Intertechnology comprises approximately 3.0% of Bernzott Capital Advisors’ holdings, making the stock its 16th largest position. Bernzott Capital Advisors’ holdings in Vishay Intertechnology were worth $6,160,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Matrix Trust Co boosted its stake in shares of Vishay Intertechnology by 660.1% during the 4th quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company’s stock worth $170,000 after acquiring an additional 8,700 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Vishay Intertechnology by 1.2% during the 3rd quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company’s stock worth $48,669,000 after acquiring an additional 30,515 shares in the last quarter. Coldstream Capital Management Inc. bought a new stake in shares of Vishay Intertechnology during the 3rd quarter worth about $196,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Vishay Intertechnology during the 3rd quarter worth about $453,000. Finally, Dean Investment Associates LLC boosted its stake in shares of Vishay Intertechnology by 32.8% during the 3rd quarter. Dean Investment Associates LLC now owns 153,730 shares of the semiconductor company’s stock worth $2,907,000 after acquiring an additional 37,951 shares in the last quarter. Institutional investors own 93.66% of the company’s stock.

Insider Buying and Selling at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at $550,711.47. This represents a 38.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 8.14% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on VSH. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Thursday, December 26th. 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 objective for the company.

Vishay Intertechnology Price Performance

NYSE VSH opened at $16.52 on Friday. Vishay Intertechnology, Inc. has a twelve month low of $14.95 and a twelve month high of $24.68. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.85 and a current ratio of 2.81. The stock has a market capitalization of $2.24 billion, a PE ratio of 26.64 and a beta of 1.13. The stock has a 50-day simple moving average of $17.23 and a 200 day simple moving average of $19.01.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.06). The firm had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The company’s revenue was down 13.9% on a year-over-year basis. During the same period last year, the company earned $0.60 EPS. Research analysts anticipate 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. Shareholders of record on Tuesday, December 3rd were issued a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.40 annualized dividend and a yield of 2.42%. Vishay Intertechnology’s dividend payout ratio (DPR) is 64.52%.

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.