Corebridge Financial Inc. Sells 134,083 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Corebridge Financial Inc. lessened its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 66.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 66,773 shares of the semiconductor company’s stock after selling 134,083 shares during the period. Corebridge Financial Inc.’s holdings in Vishay Intertechnology were worth $1,131,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of VSH. Bernzott Capital Advisors grew its position in shares of Vishay Intertechnology by 27.9% in the 4th quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company’s stock valued at $6,160,000 after acquiring an additional 79,214 shares during the period. Verition Fund Management LLC acquired a new stake in Vishay Intertechnology in the 3rd quarter valued at about $906,000. Holocene Advisors LP grew its holdings in Vishay Intertechnology by 64.4% during the third quarter. Holocene Advisors LP now owns 184,252 shares of the semiconductor company’s stock worth $3,484,000 after purchasing an additional 72,178 shares during the period. Principal Financial Group Inc. increased its position in Vishay Intertechnology by 4.6% during the fourth quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company’s stock worth $45,593,000 after buying an additional 117,692 shares during the last quarter. Finally, Twelve Points Wealth Management LLC raised its stake in Vishay Intertechnology by 738.7% in the fourth quarter. Twelve Points Wealth Management LLC now owns 105,623 shares of the semiconductor company’s stock valued at $1,789,000 after buying an additional 93,030 shares during the period. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock opened at $11.87 on Friday. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of -49.46 and a beta of 1.06. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. Vishay Intertechnology, Inc. has a 12 month low of $10.58 and a 12 month high of $24.69. The stock’s 50 day moving average is $17.03 and its 200-day moving average is $17.35.

Vishay Intertechnology Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently weighed in on VSH. 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 upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.

Insiders Place Their Bets

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total transaction of $458,730.88. Following the transaction, the chairman now owns 76,468 shares in the company, valued at $1,290,779.84. This represents a 26.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 8.14% of the company’s stock.

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.