Dean Capital Management Grows Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Dean Capital Management raised its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 104.9% in the 4th quarter, Holdings Channel reports. The fund owned 117,449 shares of the semiconductor company’s stock after acquiring an additional 60,136 shares during the quarter. Dean Capital Management’s holdings in Vishay Intertechnology were worth $1,990,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Vishay Intertechnology during the fourth quarter worth approximately $143,719,000. Hood River Capital Management LLC purchased a new position in Vishay Intertechnology during the 4th quarter worth $53,860,000. First Trust Advisors LP lifted its stake in shares of Vishay Intertechnology by 34.5% in the 4th quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company’s stock worth $86,011,000 after acquiring an additional 1,301,383 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Vishay Intertechnology by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company’s stock valued at $281,652,000 after acquiring an additional 1,224,112 shares in the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. increased its stake in shares of Vishay Intertechnology by 69.4% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 2,463,334 shares of the semiconductor company’s stock worth $41,729,000 after acquiring an additional 1,009,042 shares during the period. 93.66% of the stock is owned by institutional investors and hedge funds.

Vishay Intertechnology Trading Down 1.4 %

NYSE:VSH opened at $13.48 on Wednesday. Vishay Intertechnology, Inc. has a 1 year low of $10.35 and a 1 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 stock has a fifty day moving average price of $14.42 and a two-hundred day moving average price of $16.32. The stock has a market capitalization of $1.83 billion, a price-to-earnings ratio of -56.17 and a beta of 1.06.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.97%. Vishay Intertechnology’s dividend payout ratio is presently -166.67%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Wednesday, April 30th.

Insider Activity at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 27,176 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the completion of 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 at this hyperlink. Company insiders own 8.32% 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.