Corient Private Wealth LLC Makes New Investment in Vishay Intertechnology, Inc. (NYSE:VSH)

Corient Private Wealth LLC acquired a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 11,310 shares of the semiconductor company’s stock, valued at approximately $192,000.

Several other large investors have also modified their holdings of the stock. Wealthfront Advisers LLC purchased a new stake in Vishay Intertechnology in the fourth quarter valued at $38,000. Blue Trust Inc. increased its position in shares of Vishay Intertechnology by 275.9% during the fourth 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 in the last quarter. IFP Advisors Inc increased its position in shares of 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 lifted its holdings in shares of Vishay Intertechnology by 526.6% in the 4th 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 last quarter. Finally, Matrix Trust Co boosted its position in shares of Vishay Intertechnology by 660.1% in the 4th quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company’s stock valued at $170,000 after purchasing an additional 8,700 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on VSH. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th. JPMorgan Chase & Co. started coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They issued a “neutral” rating and a $19.00 target price on the stock.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $15.65 on Wednesday. The firm has a market cap of $2.12 billion, a P/E ratio of -65.19 and a beta of 1.13. Vishay Intertechnology, Inc. has a 52-week low of $14.95 and a 52-week high of $24.69. The business’s 50-day moving average price is $17.25 and its 200 day moving average price is $17.44. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45.

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a $0.10 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 2.56%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently -166.67%.

Insider Activity

In related news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total transaction 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 trade represents a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 8.14% of the company’s stock.

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.