Meridian Wealth Management LLC Sells 824 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Meridian Wealth Management LLC reduced its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 7.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,113 shares of the semiconductor company’s stock after selling 824 shares during the period. Meridian Wealth Management LLC’s holdings in Vishay Intertechnology were worth $171,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Somerset Trust Co boosted its position in shares of Vishay Intertechnology by 10.4% in the 4th quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company’s stock worth $208,000 after purchasing an additional 1,152 shares during the last quarter. Inspire Investing LLC lifted its holdings in Vishay Intertechnology by 8.7% during the fourth quarter. Inspire Investing LLC now owns 23,658 shares of the semiconductor company’s stock worth $401,000 after acquiring an additional 1,898 shares in the last quarter. Blue Trust Inc. lifted its holdings in 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 acquiring an additional 1,989 shares in the last quarter. Yousif Capital Management LLC lifted its holdings in Vishay Intertechnology by 5.0% during the fourth quarter. Yousif Capital Management LLC now owns 46,193 shares of the semiconductor company’s stock worth $783,000 after acquiring an additional 2,190 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its holdings in Vishay Intertechnology by 14.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 26,500 shares of the semiconductor company’s stock worth $449,000 after acquiring an additional 3,393 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Stock Performance

VSH opened at $17.64 on Friday. The business’s 50-day moving average price is $17.21 and its two-hundred day moving average price is $17.78. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.68. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of -73.48 and a beta of 1.13. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio is -166.67%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. JPMorgan Chase & Co. assumed coverage on Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 target price on the stock. StockNews.com lowered Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Friday.

Insider Buying and Selling at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 27,176 shares of the business’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 transaction of $458,730.88. Following the completion of the sale, the chairman now owns 76,468 shares in the company, valued at $1,290,779.84. The trade was a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company 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.