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

New York State Common Retirement Fund raised its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 25.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,063 shares of the semiconductor company’s stock after purchasing an additional 14,052 shares during the quarter. New York State Common Retirement Fund’s holdings in Vishay Intertechnology were worth $1,655,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fifth Third Bancorp increased its position in Vishay Intertechnology by 60.9% during the third quarter. Fifth Third Bancorp now owns 1,477 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 559 shares during the last quarter. AMH Equity Ltd purchased a new stake in Vishay Intertechnology in the 3rd quarter worth about $48,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in Vishay Intertechnology in the fourth quarter worth about $48,000. Adirondack Trust Co. bought a new stake in Vishay Intertechnology in the third quarter worth about $69,000. Finally, MQS Management LLC purchased a new position in shares of Vishay Intertechnology during the third quarter valued at approximately $230,000. 93.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Vishay Intertechnology Stock Performance

VSH stock opened at $23.06 on Friday. Vishay Intertechnology, Inc. has a one year low of $20.83 and a one year high of $30.10. The firm has a 50-day simple moving average of $22.29 and a two-hundred day simple moving average of $22.49. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.38 and a current ratio of 3.32. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of 9.98 and a beta of 1.21.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, May 8th. The semiconductor company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.20 by $0.02. Vishay Intertechnology had a return on equity of 15.72% and a net margin of 9.52%. The firm had revenue of $746.30 million during the quarter, compared to analyst estimates of $735.96 million. During the same quarter in the prior year, the business posted $0.79 EPS. The business’s revenue for the quarter was down 14.3% compared to the same quarter last year. On average, equities analysts forecast that Vishay Intertechnology, Inc. will post 1.1 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 14th were given a dividend of $0.10 per share. 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 currently 17.32%.

Insider Buying and Selling at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 26,154 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $22.83, for a total value of $597,095.82. Following the sale, the chairman now owns 73,678 shares in the company, valued at $1,682,068.74. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 8.14% of the company’s stock.

About Vishay Intertechnology

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.