Virginia Retirement Systems ET AL Invests $190,000 in Vishay Intertechnology Inc. (VSH)
Virginia Retirement Systems ET AL bought a new stake in Vishay Intertechnology Inc. (NYSE:VSH) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 15,300 shares of the company’s stock, valued at approximately $190,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. State Treasurer State of Michigan boosted its position in shares of Vishay Intertechnology by 0.4% in the second quarter. State Treasurer State of Michigan now owns 54,352 shares of the company’s stock valued at $673,000 after buying an additional 200 shares in the last quarter. Quantitative Systematic Strategies LLC raised its stake in Vishay Intertechnology by 8.7% in the second quarter. Quantitative Systematic Strategies LLC now owns 13,594 shares of the company’s stock valued at $163,000 after buying an additional 1,090 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in Vishay Intertechnology by 1.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 73,766 shares of the company’s stock valued at $914,000 after buying an additional 1,099 shares during the last quarter. Olstein Capital Management L.P. raised its stake in Vishay Intertechnology by 0.7% in the second quarter. Olstein Capital Management L.P. now owns 298,465 shares of the company’s stock valued at $3,698,000 after buying an additional 1,965 shares during the last quarter. Finally, Meeder Asset Management Inc. raised its stake in Vishay Intertechnology by 4.5% in the first quarter. Meeder Asset Management Inc. now owns 46,961 shares of the company’s stock valued at $573,000 after buying an additional 2,032 shares during the last quarter.
Shares of Vishay Intertechnology Inc. (NYSE:VSH) opened at 14.02 on Thursday. Vishay Intertechnology Inc. has a 12 month low of $9.96 and a 12 month high of $14.28. The stock’s market cap is $2.06 billion. The firm has a 50-day moving average price of $13.99 and a 200-day moving average price of $12.99.
Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Tuesday, August 2nd. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. The business had revenue of $590 million for the quarter, compared to analyst estimates of $586.45 million. Vishay Intertechnology had a negative net margin of 4.58% and a positive return on equity of 6.55%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the business earned $0.20 earnings per share. Equities analysts expect that Vishay Intertechnology Inc. will post $0.88 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 29th. Stockholders of record on Thursday, September 15th were given a $0.0625 dividend. The ex-dividend date of this dividend was Tuesday, September 13th. This represents a $0.25 annualized dividend and a dividend yield of 1.78%. Vishay Intertechnology’s dividend payout ratio is presently -35.21%.
VSH has been the topic of a number of research analyst reports. Zacks Investment Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $16.00 target price on the stock in a research report on Thursday. Argus reissued a “buy” rating on shares of Vishay Intertechnology in a research report on Wednesday, August 10th.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five segments. The MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs. The Diodes segment’s products include rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers (SCRs) and power modules.
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