Texas Permanent School Fund Has $1.67 Million Stock Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Texas Permanent School Fund lowered its stake in Vishay Intertechnology, Inc. (NYSE:VSH – Get Rating) by 1.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 93,983 shares of the semiconductor company’s stock after selling 1,461 shares during the quarter. Texas Permanent School Fund owned about 0.07% of Vishay Intertechnology worth $1,672,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in VSH. Ronald Blue Trust Inc. increased its position in shares of Vishay Intertechnology by 207.6% in the 3rd quarter. Ronald Blue Trust Inc. now owns 1,418 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 957 shares in the last quarter. CWM LLC increased its position in shares of Vishay Intertechnology by 1,168.8% in the 2nd quarter. CWM LLC now owns 1,751 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 1,613 shares in the last quarter. Allworth Financial LP increased its position in shares of Vishay Intertechnology by 10,538.9% in the 2nd quarter. Allworth Financial LP now owns 1,915 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 1,897 shares in the last quarter. Fairfield Bush & CO. bought a new stake in shares of Vishay Intertechnology in the 1st quarter valued at $35,000. Finally, Quadrant Capital Group LLC increased its position in shares of Vishay Intertechnology by 956.0% in the 2nd quarter. Quadrant Capital Group LLC now owns 2,735 shares of the semiconductor company’s stock valued at $49,000 after buying an additional 2,476 shares in the last quarter. Institutional investors and hedge funds own 84.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on VSH. Stifel Nicolaus lowered their price objective on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Monday, October 10th. StockNews.com cut Vishay Intertechnology from a “strong-buy” rating to a “buy” rating in a report on Monday, December 26th.

Vishay Intertechnology Price Performance

VSH stock opened at $22.46 on Thursday. The stock has a 50-day moving average price of $21.98 and a two-hundred day moving average price of $20.32. The stock has a market cap of $3.18 billion, a PE ratio of 8.26 and a beta of 1.32. The company has a current ratio of 2.94, a quick ratio of 2.08 and a debt-to-equity ratio of 0.24. Vishay Intertechnology, Inc. has a 1 year low of $16.73 and a 1 year high of $23.39.

Vishay Intertechnology (NYSE:VSH – Get Rating) last released its earnings results on Wednesday, November 2nd. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.08. The firm had revenue of $924.80 million during the quarter, compared to analysts’ expectations of $925.10 million. Vishay Intertechnology had a return on equity of 24.39% and a net margin of 11.26%. The company’s revenue was up 13.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.63 EPS. Equities analysts forecast that Vishay Intertechnology, Inc. will post 3.24 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 15th. Stockholders of record on Wednesday, November 30th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend was Tuesday, November 29th. Vishay Intertechnology’s payout ratio is 14.71%.

Insider Activity

In other news, Director Raanan Zilberman sold 27,299 shares of the firm’s stock in a transaction dated Monday, November 7th. The stock was sold at an average price of $21.08, for a total value of $575,462.92. Following the completion of the transaction, the director now owns 24,671 shares in the company, valued at approximately $520,064.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 8.03% of the stock is owned by corporate insiders.

Vishay Intertechnology Company Profile

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Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. It operates through six segments: Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors.