Louisiana State Employees Retirement System Takes Position in Vishay Intertechnology, Inc. $VSH

Louisiana State Employees Retirement System bought a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 54,800 shares of the semiconductor company’s stock, valued at approximately $986,000.

Other institutional investors have also recently added to or reduced their stakes in the company. ProShare Advisors LLC increased its holdings in shares of Vishay Intertechnology by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 23,569 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 699 shares during the period. State of Alaska Department of Revenue increased its stake in shares of Vishay Intertechnology by 0.3% during the fourth quarter. State of Alaska Department of Revenue now owns 248,135 shares of the semiconductor company’s stock worth $3,595,000 after acquiring an additional 743 shares during the period. Corient Private Wealth LLC raised its holdings in Vishay Intertechnology by 7.4% during the second quarter. Corient Private Wealth LLC now owns 18,598 shares of the semiconductor company’s stock worth $295,000 after purchasing an additional 1,288 shares in the last quarter. Verdence Capital Advisors LLC raised its holdings in Vishay Intertechnology by 4.2% during the fourth quarter. Verdence Capital Advisors LLC now owns 34,439 shares of the semiconductor company’s stock worth $499,000 after purchasing an additional 1,399 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in Vishay Intertechnology by 212.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 1,402 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on VSH shares. Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Weiss Ratings upgraded Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Bank of America upped their price objective on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a report on Thursday, May 14th. Finally, Wall Street Zen cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Vishay Intertechnology has an average rating of “Moderate Buy” and an average price target of $24.00.

Vishay Intertechnology Trading Up 0.2%

NYSE:VSH opened at $45.99 on Friday. The company has a market capitalization of $6.26 billion, a PE ratio of 4,599.10 and a beta of 1.76. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47. Vishay Intertechnology, Inc. has a 52-week low of $11.77 and a 52-week high of $69.47. The stock has a fifty day simple moving average of $47.79 and a 200-day simple moving average of $28.70.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The firm had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. During the same period in the prior year, the company earned ($0.03) EPS. The firm’s revenue was up 17.3% on a year-over-year basis. On average, equities research analysts expect that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Thursday, June 18th were given a $0.10 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.40 annualized dividend and a dividend yield of 0.9%. Vishay Intertechnology’s dividend payout ratio is currently 4,000.00%.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.