Twelve Points Wealth Management LLC Has $1.79 Million Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Twelve Points Wealth Management LLC increased its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 738.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,623 shares of the semiconductor company’s stock after purchasing an additional 93,030 shares during the period. Twelve Points Wealth Management LLC’s holdings in Vishay Intertechnology were worth $1,789,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Algert Global LLC acquired a new position in Vishay Intertechnology during the 2nd quarter worth $254,000. Northwestern Mutual Wealth Management Co. boosted its stake in Vishay Intertechnology by 11,136.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 2,116 shares during the period. Cascade Investment Advisors Inc. grew its holdings in Vishay Intertechnology by 2.2% in the 3rd quarter. Cascade Investment Advisors Inc. now owns 60,450 shares of the semiconductor company’s stock valued at $1,143,000 after buying an additional 1,300 shares during the last quarter. SG Americas Securities LLC bought a new stake in Vishay Intertechnology in the 3rd quarter valued at $593,000. Finally, Adirondack Trust Co. lifted its holdings in shares of Vishay Intertechnology by 71.4% during the 3rd quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company’s stock worth $91,000 after acquiring an additional 2,000 shares during the period. 93.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on VSH shares. StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Thursday, December 26th. JPMorgan Chase & Co. started coverage on shares of Vishay Intertechnology in a research note on Monday, December 16th. They issued a “neutral” rating and a $19.00 target price on the stock.

Insider Buying and Selling

In related news, Chairman Marc Zandman sold 20,359 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $16.71, for a total value of $340,198.89. Following the completion of the sale, the chairman now owns 32,957 shares of the company’s stock, valued at $550,711.47. This trade represents a 38.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 8.14% of the stock is owned by corporate insiders.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $16.23 on Wednesday. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 26.17 and a beta of 1.13. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. Vishay Intertechnology, Inc. has a 1-year low of $14.95 and a 1-year high of $24.68. The company has a 50 day moving average of $17.28 and a 200-day moving average of $18.63.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). The business had revenue of $735.35 million for 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 for the quarter was down 13.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.60 earnings per share. On average, equities analysts forecast that Vishay Intertechnology, Inc. will post 0.56 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were issued a $0.10 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.47%. Vishay Intertechnology’s dividend payout ratio 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.