New York State Teachers Retirement System Sells 14,129 Shares of Vishay Intertechnology, Inc. $VSH

New York State Teachers Retirement System trimmed its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 8.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,941 shares of the semiconductor company’s stock after selling 14,129 shares during the period. New York State Teachers Retirement System owned approximately 0.11% of Vishay Intertechnology worth $2,663,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Keybank National Association OH bought a new position in shares of Vishay Intertechnology in the first quarter worth $222,000. Deprince Race & Zollo Inc. raised its stake in shares of Vishay Intertechnology by 8.4% during the 1st quarter. Deprince Race & Zollo Inc. now owns 3,181,050 shares of the semiconductor company’s stock valued at $57,259,000 after purchasing an additional 247,060 shares during the period. Pictet Asset Management Holding SA lifted its holdings in Vishay Intertechnology by 19.7% during the 1st quarter. Pictet Asset Management Holding SA now owns 19,859 shares of the semiconductor company’s stock worth $357,000 after purchasing an additional 3,271 shares in the last quarter. Louisiana State Employees Retirement System purchased a new stake in Vishay Intertechnology during the 1st quarter worth about $986,000. Finally, Live Oak Private Wealth LLC boosted its stake in Vishay Intertechnology by 0.9% in the 1st quarter. Live Oak Private Wealth LLC now owns 413,745 shares of the semiconductor company’s stock worth $7,447,000 after purchasing an additional 3,610 shares during the period. Institutional investors own 93.66% of the company’s stock.

Analyst Upgrades and Downgrades

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

Vishay Intertechnology Trading Up 4.3%

Shares of Vishay Intertechnology stock opened at $43.99 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53. Vishay Intertechnology, Inc. has a 1 year low of $11.77 and a 1 year high of $69.47. The firm has a market cap of $5.99 billion, a PE ratio of 4,398.90 and a beta of 1.76. The company has a 50 day simple moving average of $49.08 and a two-hundred day simple moving average of $29.61.

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

Vishay Intertechnology Announces Dividend

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

Vishay Intertechnology Company Profile

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.