Polymer Capital Management HK LTD Takes $462,000 Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Polymer Capital Management HK LTD purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,293 shares of the semiconductor company’s stock, valued at approximately $462,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC purchased a new stake in shares of Vishay Intertechnology during the 4th quarter worth about $38,000. Blue Trust Inc. raised its holdings in Vishay Intertechnology by 275.9% in the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 1,989 shares during the period. IFP Advisors Inc boosted its position in Vishay Intertechnology by 351.1% during the fourth quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 3,406 shares in the last quarter. Manchester Capital Management LLC grew its holdings in Vishay Intertechnology by 526.6% in the fourth quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company’s stock valued at $122,000 after purchasing an additional 6,030 shares during the period. Finally, Matrix Trust Co increased its position in shares of Vishay Intertechnology by 660.1% in the fourth quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company’s stock valued at $170,000 after buying an additional 8,700 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the firm’s stock in a transaction that occurred 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 transaction, the chairman now directly owns 76,468 shares of the company’s stock, valued at $1,290,779.84. This trade represents a 26.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 8.14% of the company’s stock.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $11.87 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. Vishay Intertechnology, Inc. has a 1-year low of $10.58 and a 1-year high of $24.69. The company has a market cap of $1.61 billion, a PE ratio of -49.46 and a beta of 1.06. The stock’s 50 day simple moving average is $17.03 and its 200-day simple moving average is $17.33.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a dividend of $0.10 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.40 annualized dividend and a yield of 3.37%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -166.67%.

Analysts Set New Price Targets

VSH has been the topic of a number of research analyst reports. StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th. JPMorgan Chase & Co. initiated coverage on shares of Vishay Intertechnology in a research note on Monday, December 16th. They set a “neutral” rating and a $19.00 target price for the company.

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.