Vishay Intertechnology (VSH) Shares Sold by State Treasurer State of Michigan

State Treasurer State of Michigan reduced its stake in shares of Vishay Intertechnology (NYSE:VSH) by 6.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 47,352 shares of the semiconductor company’s stock after selling 3,100 shares during the period. State Treasurer State of Michigan’s holdings in Vishay Intertechnology were worth $983,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Engineers Gate Manager LP lifted its holdings in shares of Vishay Intertechnology by 5.4% during the 4th quarter. Engineers Gate Manager LP now owns 148,426 shares of the semiconductor company’s stock worth $3,080,000 after acquiring an additional 7,603 shares during the last quarter. Wedge Capital Management L L P NC lifted its holdings in shares of Vishay Intertechnology by 10.4% during the 4th quarter. Wedge Capital Management L L P NC now owns 29,290 shares of the semiconductor company’s stock worth $608,000 after acquiring an additional 2,750 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Vishay Intertechnology by 35.6% during the 4th 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 during the last quarter. Chicago Equity Partners LLC lifted its holdings in shares of Vishay Intertechnology by 8.1% during the 4th quarter. Chicago Equity Partners LLC now owns 842,430 shares of the semiconductor company’s stock worth $17,480,000 after acquiring an additional 63,000 shares during the last quarter. Finally, Wright Investors Service Inc. bought a new stake in Vishay Intertechnology in the fourth quarter worth $309,000.

Shares of Vishay Intertechnology (NYSE VSH) opened at $17.90 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. The firm has a market cap of $2,609.30, a price-to-earnings ratio of -81.36, a price-to-earnings-growth ratio of 2.31 and a beta of 1.21. Vishay Intertechnology has a one year low of $15.40 and a one year high of $23.85.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.02). The business had revenue of $674.50 million during the quarter, compared to the consensus estimate of $677.51 million. Vishay Intertechnology had a positive return on equity of 14.07% and a negative net margin of 0.78%. The business’s revenue for the quarter was up 18.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 earnings per share. equities analysts anticipate that Vishay Intertechnology will post 1.57 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Wednesday, March 14th will be paid a $0.0675 dividend. This represents a $0.27 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Tuesday, March 13th. Vishay Intertechnology’s dividend payout ratio is presently -122.72%.

Several research firms have weighed in on VSH. Stifel Nicolaus reissued a “hold” rating and issued a $20.00 price target (down from $23.00) on shares of Vishay Intertechnology in a research note on Wednesday, February 7th. Zacks Investment Research downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, February 10th. TheStreet downgraded shares of Vishay Intertechnology from an “a-” rating to a “c+” rating in a research note on Tuesday, February 6th. Finally, Citigroup boosted their price target on shares of Vishay Intertechnology from $16.00 to $19.00 and gave the stock a “sell” rating in a research note on Friday, October 27th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $22.00.

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Vishay Intertechnology Company 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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Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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