Kovack Advisors Inc. Buys 50,675 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Kovack Advisors Inc. increased its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 121.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,350 shares of the semiconductor company’s stock after buying an additional 50,675 shares during the quarter. Kovack Advisors Inc. owned 0.07% of Vishay Intertechnology worth $1,564,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Blue Trust Inc. lifted its holdings in shares of Vishay Intertechnology by 275.9% in 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. IFP Advisors Inc grew its holdings in shares of Vishay Intertechnology by 351.1% in the fourth quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 3,406 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in Vishay Intertechnology in the third quarter worth about $101,000. Manchester Capital Management LLC lifted its stake in Vishay Intertechnology by 526.6% in 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 period. Finally, Matrix Trust Co lifted its stake in Vishay Intertechnology by 660.1% in the fourth quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company’s stock worth $170,000 after acquiring an additional 8,700 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on VSH shares. StockNews.com lowered shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. began coverage on shares of Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 price objective for the company.

Insider Activity at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 20,359 shares of the company’s stock in a transaction dated 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 transaction, the chairman now owns 32,957 shares of the company’s stock, valued at $550,711.47. This represents a 38.19 % 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 insiders.

Vishay Intertechnology Price Performance

Shares of Vishay Intertechnology stock opened at $18.00 on Thursday. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45. Vishay Intertechnology, Inc. has a 52-week low of $14.95 and a 52-week high of $24.68. The company has a 50 day moving average of $17.24 and a 200 day moving average of $17.88. The company has a market capitalization of $2.44 billion, a P/E ratio of -75.00 and a beta of 1.13.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a $0.10 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.22%. Vishay Intertechnology’s payout ratio is -166.67%.

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.