Hunter Perkins Capital Management LLC Decreases Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Hunter Perkins Capital Management LLC decreased its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 31.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 268,673 shares of the semiconductor company’s stock after selling 124,255 shares during the period. Hunter Perkins Capital Management LLC owned about 0.20% of Vishay Intertechnology worth $4,551,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Matrix Trust Co purchased a new stake in Vishay Intertechnology during the 3rd quarter worth about $25,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vishay Intertechnology by 11,136.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock worth $48,000 after buying an additional 2,116 shares during the period. Blue Trust Inc. raised its holdings in Vishay Intertechnology by 275.9% in the fourth quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock valued at $46,000 after acquiring an additional 1,989 shares in the last quarter. Adirondack Trust Co. lifted its stake in Vishay Intertechnology by 71.4% in the third 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 last quarter. Finally, DekaBank Deutsche Girozentrale acquired a new position in Vishay Intertechnology during the 3rd quarter worth approximately $101,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Vishay Intertechnology Stock Down 1.7 %

VSH stock opened at $16.87 on Monday. The company’s 50 day moving average is $17.24 and its two-hundred day moving average is $18.72. Vishay Intertechnology, Inc. has a twelve month low of $14.95 and a twelve month high of $24.68. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. The stock has a market cap of $2.29 billion, a P/E ratio of 27.20 and a beta of 1.13.

Vishay Intertechnology (NYSE:VSH) last announced 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 company had revenue of $735.35 million during the quarter, compared to analysts’ expectations of $748.84 million. Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. Vishay Intertechnology’s revenue was down 13.9% on a year-over-year basis. During the same period last year, the firm earned $0.60 earnings per share. Research analysts expect that Vishay Intertechnology, Inc. will post 0.56 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 2.37%. Vishay Intertechnology’s dividend payout ratio is presently 64.52%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Thursday, December 26th. JPMorgan Chase & Co. assumed coverage on Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 price target 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.