Northern Trust Corp Sells 114,156 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Northern Trust Corp reduced its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 6.4% during the fourth quarter, HoldingsChannel reports. The firm owned 1,657,247 shares of the semiconductor company’s stock after selling 114,156 shares during the period. Northern Trust Corp’s holdings in Vishay Intertechnology were worth $28,074,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VSH. Wealthfront Advisers LLC bought a new position in Vishay Intertechnology during the fourth quarter worth $38,000. Blue Trust Inc. raised 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 valued at $46,000 after purchasing an additional 1,989 shares during the last quarter. Sterling Capital Management LLC raised its holdings in shares of Vishay Intertechnology by 819.2% in the fourth quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company’s stock valued at $67,000 after purchasing an additional 3,547 shares during the last quarter. IFP Advisors Inc raised 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 valued at $74,000 after purchasing an additional 3,406 shares during the last quarter. Finally, Manchester Capital Management LLC increased its holdings 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 buying an additional 6,030 shares during the last quarter. 93.66% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Vishay Intertechnology 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 completion of the transaction, the chairman now owns 76,468 shares of the company’s stock, valued at approximately $1,290,779.84. The trade was a 26.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.32% of the stock is currently owned by company insiders.

Vishay Intertechnology Trading Up 2.2%

NYSE:VSH opened at $13.14 on Monday. The company has a fifty day moving average of $14.17 and a 200 day moving average of $16.21. Vishay Intertechnology, Inc. has a 52 week low of $10.35 and a 52 week high of $24.69. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $1.78 billion, a P/E ratio of -54.75 and a beta of 1.06.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, meeting analysts’ consensus estimates of ($0.03). The firm had revenue of $715.24 million for the quarter, compared to analysts’ expectations of $713.50 million. Vishay Intertechnology had a negative net margin of 1.06% and a positive return on equity of 3.06%. The company’s quarterly revenue was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 EPS. On average, research analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date was Thursday, March 13th. Vishay Intertechnology’s payout ratio is -81.63%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Saturday.

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.