Arizona State Retirement System grew its stake in shares of Vishay Intertechnology (NYSE:VSH) by 24.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 94,910 shares of the semiconductor company’s stock after acquiring an additional 18,890 shares during the period. Arizona State Retirement System’s holdings in Vishay Intertechnology were worth $1,969,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Vishay Intertechnology by 35.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,220 shares of the semiconductor company’s stock worth $191,000 after acquiring an additional 2,420 shares in the last quarter. Wright Investors Service Inc. purchased a new stake in shares of Vishay Intertechnology in the fourth quarter worth $309,000. DekaBank Deutsche Girozentrale raised its position in shares of Vishay Intertechnology by 47.9% in the third quarter. DekaBank Deutsche Girozentrale now owns 17,900 shares of the semiconductor company’s stock worth $310,000 after buying an additional 5,800 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Vishay Intertechnology in the third quarter worth $340,000. Finally, Capital One National Association purchased a new stake in shares of Vishay Intertechnology in the fourth quarter worth $405,000.
Shares of Vishay Intertechnology (VSH) opened at $19.85 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.88 and a quick ratio of 3.11. Vishay Intertechnology has a 12-month low of $15.40 and a 12-month high of $23.85. The stock has a market capitalization of $2,795.62, a price-to-earnings ratio of -90.22, a P/E/G ratio of 2.53 and a beta of 1.33.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Wednesday, March 14th will be given a dividend of $0.0675 per share. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a $0.27 dividend on an annualized basis and a yield of 1.36%. Vishay Intertechnology’s payout ratio is -122.72%.
A number of equities research analysts recently issued reports on the company. TheStreet downgraded Vishay Intertechnology from an “a-” rating to a “c+” rating in a research report on Tuesday, February 6th. Zacks Investment Research downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, February 10th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $20.00 price objective (down previously from $23.00) on shares of Vishay Intertechnology in a research report on Wednesday, February 7th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $22.00.
Vishay Intertechnology Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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