Alliancebernstein L.P. Trims Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Alliancebernstein L.P. cut its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 40.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 150,900 shares of the semiconductor company’s stock after selling 103,841 shares during the period. Alliancebernstein L.P. owned about 0.11% of Vishay Intertechnology worth $2,556,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in VSH. Norges Bank bought a new position in Vishay Intertechnology during the 4th quarter valued at $143,719,000. Vanguard Group Inc. lifted its stake in Vishay Intertechnology by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company’s stock valued at $281,652,000 after acquiring an additional 1,224,112 shares during the last quarter. Cambiar Investors LLC bought a new position in shares of Vishay Intertechnology in the 4th quarter valued at approximately $13,173,000. First Eagle Investment Management LLC bought a new stake in Vishay Intertechnology during the fourth quarter valued at about $9,046,000. Finally, Charles Schwab Investment Management Inc. increased its position in Vishay Intertechnology by 26.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,169,246 shares of the semiconductor company’s stock worth $36,747,000 after acquiring an additional 459,252 shares during the period. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Stock Performance

Vishay Intertechnology stock opened at $11.36 on Wednesday. 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 1 year low of $10.35 and a 1 year high of $24.69. The company’s 50-day moving average is $16.09 and its two-hundred day moving average is $16.91. The company has a market cap of $1.54 billion, a PE ratio of -47.35 and a beta of 1.06.

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.52%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology’s payout ratio is presently -166.67%.

Insider Transactions at Vishay Intertechnology

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 shares were sold at an average price of $16.88, for a total transaction of $458,730.88. Following the sale, the chairman now directly owns 76,468 shares of the company’s stock, valued at $1,290,779.84. The trade was a 26.22 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 8.14% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th.

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.