235,600 Shares in Vishay Intertechnology, Inc. (NYSE:VSH) Bought by Polymer Capital Management US LLC

Polymer Capital Management US LLC purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 235,600 shares of the semiconductor company’s stock, valued at approximately $3,991,000. Vishay Intertechnology accounts for approximately 1.1% of Polymer Capital Management US LLC’s investment portfolio, making the stock its 22nd largest position. Polymer Capital Management US LLC owned 0.17% of Vishay Intertechnology as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Verition Fund Management LLC bought a new position in shares of Vishay Intertechnology during the 3rd quarter valued at approximately $906,000. Weiss Asset Management LP bought a new position in shares of Vishay Intertechnology in the third quarter worth approximately $1,055,000. Dean Investment Associates LLC increased its stake in shares of Vishay Intertechnology by 32.8% in the third quarter. Dean Investment Associates LLC now owns 153,730 shares of the semiconductor company’s stock worth $2,907,000 after purchasing an additional 37,951 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Vishay Intertechnology during the 3rd quarter valued at $453,000. Finally, Coldstream Capital Management Inc. purchased a new position in shares of Vishay Intertechnology during the 3rd quarter valued at $196,000. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Price Performance

VSH stock opened at $11.87 on Monday. 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 company’s fifty day moving average price is $17.03 and its 200-day moving average price is $17.33. Vishay Intertechnology, Inc. has a one year low of $10.58 and a one year high of $24.69. The company has a market capitalization of $1.61 billion, a PE ratio of -49.46 and a beta of 1.06.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.37%. The ex-dividend date was Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -166.67%.

Insider Buying and Selling at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 27,176 shares of the business’s 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 sale, the chairman now directly owns 76,468 shares in the company, valued at approximately $1,290,779.84. The trade was a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 8.14% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on VSH. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th. JPMorgan Chase & Co. began coverage on Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 target price for the company.

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.