Jennison Associates LLC Purchases 635 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Jennison Associates LLC increased its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,421 shares of the semiconductor company’s stock after purchasing an additional 635 shares during the quarter. Jennison Associates LLC’s holdings in Vishay Intertechnology were worth $1,161,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. AlphaMark Advisors LLC lifted its position in Vishay Intertechnology by 5.4% during the fourth quarter. AlphaMark Advisors LLC now owns 10,024 shares of the semiconductor company’s stock worth $240,000 after purchasing an additional 510 shares during the period. Fifth Third Bancorp lifted its position in Vishay Intertechnology by 60.9% during the third quarter. Fifth Third Bancorp now owns 1,477 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 559 shares during the period. Modera Wealth Management LLC lifted its position in Vishay Intertechnology by 2.1% during the third quarter. Modera Wealth Management LLC now owns 33,564 shares of the semiconductor company’s stock worth $830,000 after purchasing an additional 703 shares during the period. IFP Advisors Inc lifted its position in Vishay Intertechnology by 24.7% during the third quarter. IFP Advisors Inc now owns 3,640 shares of the semiconductor company’s stock worth $90,000 after purchasing an additional 721 shares during the period. Finally, Oliver Luxxe Assets LLC raised its stake in Vishay Intertechnology by 4.5% during the third quarter. Oliver Luxxe Assets LLC now owns 26,482 shares of the semiconductor company’s stock worth $655,000 after acquiring an additional 1,149 shares in the last quarter. Institutional investors own 93.66% of the company’s stock.

Insider Activity

In other news, Chairman Marc Zandman sold 26,154 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $22.83, for a total value of $597,095.82. Following the completion of the transaction, the chairman now owns 73,678 shares of the company’s stock, valued at $1,682,068.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 8.14% of the stock is currently owned by insiders.

Vishay Intertechnology Stock Up 2.4 %

Shares of NYSE VSH opened at $22.63 on Friday. The company has a current ratio of 3.32, a quick ratio of 2.38 and a debt-to-equity ratio of 0.37. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 9.80 and a beta of 1.24. Vishay Intertechnology, Inc. has a 12 month low of $20.57 and a 12 month high of $30.10. The stock has a 50-day moving average price of $22.10 and a two-hundred day moving average price of $22.53.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, February 7th. The semiconductor company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. The firm had revenue of $785.24 million during the quarter, compared to the consensus estimate of $787.15 million. Vishay Intertechnology had a return on equity of 15.72% and a net margin of 9.52%. The business’s quarterly revenue was down 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 earnings per share. As a group, analysts forecast that Vishay Intertechnology, Inc. will post 1.1 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 14th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend was Wednesday, March 13th. Vishay Intertechnology’s dividend payout ratio is currently 17.32%.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus reissued a “buy” rating and set a $25.00 target price on shares of Vishay Intertechnology in a research note on Wednesday, April 3rd.

Vishay Intertechnology 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.