Louisiana State Employees Retirement System increased its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 3.6% during the second quarter, Holdings Channel reports. The firm owned 35,000 shares of the semiconductor company’s stock after buying an additional 1,200 shares during the period. Louisiana State Employees Retirement System’s holdings in Vishay Intertechnology were worth $581,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Vishay Intertechnology by 16,353.4% in the first quarter. BlackRock Inc. now owns 14,187,434 shares of the semiconductor company’s stock worth $233,383,000 after buying an additional 14,101,206 shares during the period. DnB Asset Management AS boosted its stake in shares of Vishay Intertechnology by 30.2% in the second quarter. DnB Asset Management AS now owns 3,761,245 shares of the semiconductor company’s stock worth $62,437,000 after buying an additional 872,816 shares during the period. Thrivent Financial For Lutherans boosted its stake in shares of Vishay Intertechnology by 3,733.3% in the first quarter. Thrivent Financial For Lutherans now owns 878,220 shares of the semiconductor company’s stock worth $14,446,000 after buying an additional 855,310 shares during the period. Schroder Investment Management Group boosted its stake in shares of Vishay Intertechnology by 13.1% in the first quarter. Schroder Investment Management Group now owns 5,742,412 shares of the semiconductor company’s stock worth $95,611,000 after buying an additional 666,365 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Vishay Intertechnology by 5.7% in the first quarter. Vanguard Group Inc. now owns 11,189,840 shares of the semiconductor company’s stock worth $184,073,000 after buying an additional 604,683 shares during the period.

Vishay Intertechnology, Inc. (VSH) traded down 1.549% during midday trading on Wednesday, hitting $17.475. The stock had a trading volume of 562,685 shares. Vishay Intertechnology, Inc. has a one year low of $13.37 and a one year high of $18.55. The firm has a 50 day moving average price of $17.20 and a 200 day moving average price of $16.56. The stock has a market cap of $2.55 billion, a PE ratio of 45.746 and a beta of 1.22.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.02. The company had revenue of $644.89 million for the quarter, compared to analysts’ expectations of $643.19 million. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. The firm’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 earnings per share. Equities analysts expect that Vishay Intertechnology, Inc. will post $1.30 EPS for the current year.

Vishay Intertechnology declared that its board has authorized a stock repurchase program on Wednesday, August 2nd that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the semiconductor company to repurchase up to 5.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

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A number of equities research analysts have commented on VSH shares. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Friday, April 14th. BidaskClub upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $17.00 target price on shares of Vishay Intertechnology in a report on Friday, July 14th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $18.50.

In other Vishay Intertechnology news, insider Gerald Paul sold 50,000 shares of the company’s stock in a transaction on Friday, May 12th. The stock was sold at an average price of $16.76, for a total value of $838,000.00. Following the transaction, the insider now owns 212,986 shares of the company’s stock, valued at $3,569,645.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 7.91% of the stock is currently owned by corporate insiders.

About Vishay Intertechnology

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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