Hood River Capital Management LLC Invests $53.86 Million in Vishay Intertechnology, Inc. (NYSE:VSH)

Hood River Capital Management LLC purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,179,455 shares of the semiconductor company’s stock, valued at approximately $53,860,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Principal Financial Group Inc. grew its stake in shares of Vishay Intertechnology by 1.2% during the third quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company’s stock worth $48,669,000 after buying an additional 30,515 shares during the last quarter. Matrix Trust Co grew its holdings in 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 during the period. Bernzott Capital Advisors lifted its stake in Vishay Intertechnology by 27.9% in the fourth quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company’s stock valued at $6,160,000 after buying an additional 79,214 shares during the period. Somerset Trust Co boosted its stake in Vishay Intertechnology by 10.4% during the fourth quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company’s stock worth $208,000 after acquiring an additional 1,152 shares in the last quarter. Finally, Inspire Investing LLC grew its stake in shares of Vishay Intertechnology by 8.7% in the 4th quarter. Inspire Investing LLC now owns 23,658 shares of the semiconductor company’s stock valued at $401,000 after buying an additional 1,898 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Stock Performance

Vishay Intertechnology stock opened at $11.15 on Wednesday. The firm’s fifty day moving average price is $15.48 and its 200-day moving average price is $16.67. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week 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 market cap of $1.51 billion, a P/E ratio of -46.46 and a beta of 1.06.

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio is -166.67%.

Insider Activity at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction dated 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 owns 76,468 shares of the company’s stock, valued at $1,290,779.84. The trade was a 26.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 8.32% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th.

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.