Loomis Sayles & Co. L P Takes Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Loomis Sayles & Co. L P purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 322,055 shares of the semiconductor company’s stock, valued at approximately $5,456,000. Loomis Sayles & Co. L P owned approximately 0.24% of Vishay Intertechnology at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of VSH. Wealthfront Advisers LLC acquired a new stake in Vishay Intertechnology in the fourth quarter valued at $38,000. Blue Trust Inc. grew its stake in Vishay Intertechnology by 275.9% in the 4th 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 during the last quarter. IFP Advisors Inc increased its holdings in Vishay Intertechnology by 351.1% during the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock valued at $74,000 after acquiring an additional 3,406 shares in the last quarter. Manchester Capital Management LLC raised its position in Vishay Intertechnology by 526.6% during the fourth quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company’s stock worth $122,000 after acquiring an additional 6,030 shares during the last quarter. Finally, Matrix Trust Co lifted its holdings in shares of Vishay Intertechnology by 660.1% in the fourth quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company’s stock valued at $170,000 after purchasing an additional 8,700 shares in the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Chairman Marc Zandman sold 27,176 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total transaction 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. This represents a 26.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 8.14% of the stock is currently owned by company insiders.

Vishay Intertechnology Stock Down 2.5 %

VSH stock opened at $16.21 on Friday. Vishay Intertechnology, Inc. has a one year low of $14.95 and a one year high of $24.69. The stock has a market capitalization of $2.20 billion, a P/E ratio of -67.53 and a beta of 1.13. The company has a 50 day moving average price of $17.30 and a two-hundred day moving average price of $17.48. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.10 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.40 annualized dividend and a yield of 2.47%. Vishay Intertechnology’s payout ratio is currently -166.67%.

Analysts Set New Price Targets

VSH has been the subject of several research reports. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th. JPMorgan Chase & Co. began coverage on Vishay Intertechnology in a research report on Monday, December 16th. They issued a “neutral” rating and a $19.00 price objective on the stock.

About Vishay Intertechnology

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.