Proficio Capital Partners LLC Invests $568,000 in Vishay Intertechnology, Inc. (NYSE:VSH)

Proficio Capital Partners LLC acquired a new position in Vishay Intertechnology, Inc. (NYSE:VSH) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 33,507 shares of the semiconductor company’s stock, valued at approximately $568,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Atria Investments Inc boosted its holdings in Vishay Intertechnology by 3.2% in the 4th quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company’s stock valued at $318,000 after purchasing an additional 590 shares during the period. Somerset Trust Co raised its position in shares of Vishay Intertechnology by 10.4% during the fourth quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company’s stock valued at $208,000 after buying an additional 1,152 shares during the last quarter. Inspire Investing LLC lifted its stake in shares of Vishay Intertechnology by 8.7% in the fourth 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. Blue Trust Inc. grew its position 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 buying an additional 1,989 shares in the last quarter. Finally, Yousif Capital Management LLC increased its stake 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 valued at $783,000 after acquiring an additional 2,190 shares during the period. Institutional investors own 93.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on VSH shares. 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 for the company. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th.

Insider Activity

In other news, Chairman Marc Zandman sold 20,359 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $550,711.47. This trade represents a 38.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 8.14% of the stock is owned by corporate insiders.

Vishay Intertechnology Trading Down 1.9 %

Shares of VSH opened at $16.88 on Monday. The stock has a 50 day simple moving average of $17.25 and a 200-day simple moving average of $17.52. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The stock has a market cap of $2.29 billion, a PE ratio of -70.31 and a beta of 1.13. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.69.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.37%. Vishay Intertechnology’s payout ratio is presently -166.67%.

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.