New York State Common Retirement Fund Boosts Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

New York State Common Retirement Fund grew its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 25.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,063 shares of the semiconductor company’s stock after purchasing an additional 14,052 shares during the period. New York State Common Retirement Fund’s holdings in Vishay Intertechnology were worth $1,655,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VSH. Foster & Motley Inc. boosted its stake in Vishay Intertechnology by 1.3% in the 4th quarter. Foster & Motley Inc. now owns 134,920 shares of the semiconductor company’s stock worth $3,234,000 after purchasing an additional 1,731 shares during the period. Jennison Associates LLC boosted its position in shares of Vishay Intertechnology by 1.3% in the fourth quarter. Jennison Associates LLC now owns 48,421 shares of the semiconductor company’s stock valued at $1,161,000 after acquiring an additional 635 shares during the period. Foundry Partners LLC boosted its position in shares of Vishay Intertechnology by 10.6% in the fourth quarter. Foundry Partners LLC now owns 321,142 shares of the semiconductor company’s stock valued at $7,698,000 after acquiring an additional 30,665 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Vishay Intertechnology by 51.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,588 shares of the semiconductor company’s stock valued at $661,000 after acquiring an additional 9,366 shares in the last quarter. Finally, Louisiana State Employees Retirement System bought a new stake in Vishay Intertechnology during the 4th quarter worth approximately $851,000. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Intertechnology Stock Performance

NYSE:VSH opened at $23.06 on Friday. The stock has a market cap of $3.17 billion, a P/E ratio of 9.98 and a beta of 1.21. The company has a quick ratio of 2.38, a current ratio of 3.32 and a debt-to-equity ratio of 0.37. The business’s 50-day moving average price is $22.29 and its two-hundred day moving average price is $22.49. Vishay Intertechnology, Inc. has a twelve month low of $20.83 and a twelve month high of $30.10.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, May 8th. The semiconductor company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.02. Vishay Intertechnology had a net margin of 9.52% and a return on equity of 15.72%. The business had revenue of $746.30 million for the quarter, compared to the consensus estimate of $735.96 million. During the same period last year, the firm posted $0.79 earnings per share. Vishay Intertechnology’s quarterly revenue was down 14.3% on a year-over-year basis. As a group, equities analysts predict that Vishay Intertechnology, Inc. will post 1.1 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 14th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.40 dividend on an annualized basis and a yield of 1.73%. Vishay Intertechnology’s dividend payout ratio is presently 17.32%.

Analysts Set New Price Targets

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

Insider Buying and Selling at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 26,154 shares of the stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $22.83, for a total transaction of $597,095.82. Following the transaction, the chairman now directly owns 73,678 shares in the company, valued at approximately $1,682,068.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 8.14% of the company’s stock.

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.