Deprince Race & Zollo Inc. Has $61.08 Million Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Deprince Race & Zollo Inc. trimmed its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 2.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,605,659 shares of the semiconductor company’s stock after selling 84,678 shares during the period. Vishay Intertechnology accounts for approximately 1.2% of Deprince Race & Zollo Inc.’s holdings, making the stock its 11th largest holding. Deprince Race & Zollo Inc.’s holdings in Vishay Intertechnology were worth $61,080,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC bought a new stake in shares of Vishay Intertechnology during the fourth quarter worth approximately $38,000. Blue Trust Inc. raised its position in shares of Vishay Intertechnology by 275.9% during the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock valued at $46,000 after acquiring an additional 1,989 shares during the last quarter. Sterling Capital Management LLC raised its position in shares of Vishay Intertechnology by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company’s stock valued at $67,000 after acquiring an additional 3,547 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of Vishay Intertechnology by 351.1% in the 4th 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 period. Finally, Manchester Capital Management LLC boosted its position in shares of Vishay Intertechnology by 526.6% in the 4th quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company’s stock worth $122,000 after purchasing an additional 6,030 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Insider Activity at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 27,176 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total value of $458,730.88. Following the transaction, the chairman now owns 76,468 shares in the company, valued at approximately $1,290,779.84. This represents a 26.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 8.32% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Wednesday, April 30th.

Vishay Intertechnology Stock Down 9.8 %

NYSE:VSH opened at $12.12 on Thursday. Vishay Intertechnology, Inc. has a 52-week low of $10.35 and a 52-week high of $24.69. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70. The stock has a 50-day simple moving average of $14.32 and a 200 day simple moving average of $16.29. The company has a market cap of $1.64 billion, a PE ratio of -50.50 and a beta of 1.06.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The company had revenue of $715.24 million during the quarter, compared to analysts’ expectations of $713.50 million. Vishay Intertechnology had a positive return on equity of 3.06% and a negative net margin of 1.06%. Vishay Intertechnology’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.22 EPS. On average, sell-side analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $0.10 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.30%. 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.