Retirement Systems of Alabama lifted its position in Vishay Intertechnology (NYSE:VSH) by 0.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 401,299 shares of the semiconductor company’s stock after buying an additional 562 shares during the period. Retirement Systems of Alabama owned approximately 0.28% of Vishay Intertechnology worth $7,227,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of VSH. MERIAN GLOBAL INVESTORS UK Ltd acquired a new position in shares of Vishay Intertechnology in the 3rd quarter worth $201,000. Palouse Capital Management Inc. acquired a new position in shares of Vishay Intertechnology in the 3rd quarter worth $215,000. Wakefield Asset Management LLLP acquired a new position in shares of Vishay Intertechnology in the 3rd quarter worth $229,000. Commonwealth Bank of Australia acquired a new position in shares of Vishay Intertechnology in the 3rd quarter worth $244,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Vishay Intertechnology by 402.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 11,438 shares of the semiconductor company’s stock worth $265,000 after acquiring an additional 9,163 shares during the last quarter. 98.82% of the stock is currently owned by institutional investors.
Shares of VSH stock opened at $18.74 on Monday. Vishay Intertechnology has a 1-year low of $16.63 and a 1-year high of $26.50. The company has a current ratio of 3.71, a quick ratio of 2.82 and a debt-to-equity ratio of 0.46. The firm has a market cap of $2.57 billion, a PE ratio of 13.10, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37.
Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Tuesday, October 30th. The semiconductor company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07. Vishay Intertechnology had a return on equity of 20.82% and a net margin of 2.24%. The business had revenue of $780.97 million for the quarter, compared to the consensus estimate of $779.78 million. During the same quarter in the previous year, the company posted $0.42 earnings per share. Vishay Intertechnology’s revenue for the quarter was up 15.2% compared to the same quarter last year. On average, equities research analysts anticipate that Vishay Intertechnology will post 2.05 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 20th. Stockholders of record on Thursday, December 6th were issued a dividend of $0.085 per share. The ex-dividend date of this dividend was Wednesday, December 5th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.81%. Vishay Intertechnology’s dividend payout ratio is 23.78%.
In other Vishay Intertechnology news, Director Thomas C. Wertheimer sold 15,000 shares of the business’s stock in a transaction dated Monday, December 10th. The stock was sold at an average price of $19.70, for a total value of $295,500.00. Following the transaction, the director now owns 65,584 shares in the company, valued at $1,292,004.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ziv Shoshani sold 3,520 shares of the business’s stock in a transaction dated Wednesday, December 12th. The shares were sold at an average price of $20.23, for a total value of $71,209.60. Following the completion of the transaction, the director now owns 62,868 shares in the company, valued at approximately $1,271,819.64. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.
A number of equities analysts recently issued reports on the company. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a report on Friday, November 30th. ValuEngine downgraded Vishay Intertechnology from a “sell” rating to a “strong sell” rating in a report on Monday, October 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $25.00.
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About Vishay Intertechnology
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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