State of Alaska Department of Revenue Has $3.78 Million Stake in Vishay Intertechnology, Inc. $VSH

State of Alaska Department of Revenue lifted its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 25.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 247,392 shares of the semiconductor company’s stock after purchasing an additional 50,467 shares during the quarter. State of Alaska Department of Revenue owned 0.18% of Vishay Intertechnology worth $3,784,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Norges Bank acquired a new position in shares of Vishay Intertechnology in the 2nd quarter valued at approximately $84,496,000. Russell Investments Group Ltd. boosted its holdings in shares of Vishay Intertechnology by 110.6% in the second quarter. Russell Investments Group Ltd. now owns 1,346,964 shares of the semiconductor company’s stock valued at $21,390,000 after buying an additional 707,395 shares during the period. Balyasny Asset Management L.P. bought a new stake in shares of Vishay Intertechnology during the second quarter worth $7,264,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Vishay Intertechnology during the second quarter worth $6,167,000. Finally, Allianz Asset Management GmbH lifted its position in Vishay Intertechnology by 32.8% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,172,466 shares of the semiconductor company’s stock valued at $18,619,000 after acquiring an additional 289,334 shares in the last quarter. Institutional investors own 93.66% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

Vishay Intertechnology Stock Performance

Shares of VSH stock opened at $16.20 on Monday. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $19.81. The company’s fifty day simple moving average is $14.60 and its 200-day simple moving average is $15.52. The firm has a market cap of $2.20 billion, a PE ratio of -28.41 and a beta of 1.12. The company has a quick ratio of 1.60, a current ratio of 2.67 and a debt-to-equity ratio of 0.44.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, November 5th. The semiconductor company reported $0.04 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.04. Vishay Intertechnology had a negative net margin of 2.56% and a negative return on equity of 0.36%. The business had revenue of $790.64 million during the quarter, compared to the consensus estimate of $779.81 million. During the same quarter last year, the firm earned $0.08 earnings per share. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. Equities research analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, December 3rd were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.5%. The ex-dividend date was Wednesday, December 3rd. Vishay Intertechnology’s dividend payout ratio is presently -70.18%.

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.