Vishay Intertechnology, Inc. $VSH Stock Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 109.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,900 shares of the semiconductor company’s stock after acquiring an additional 27,100 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Vishay Intertechnology were worth $1,689,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC purchased a new position in Vishay Intertechnology during the third quarter worth about $26,000. Rockefeller Capital Management L.P. grew its stake in shares of Vishay Intertechnology by 212.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 1,402 shares during the period. Carolina Wealth Advisors LLC purchased a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at approximately $32,000. Rakuten Securities Inc. purchased a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at approximately $47,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Vishay Intertechnology during the 2nd quarter worth approximately $49,000. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Director Raanan Zilberman sold 16,575 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $35.82, for a total value of $593,716.50. Following the sale, the director owned 31,937 shares of the company’s stock, valued at $1,143,983.34. The trade was a 34.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.35% of the stock is currently owned by insiders.

Vishay Intertechnology Price Performance

Shares of VSH opened at $27.22 on Wednesday. The firm has a 50-day simple moving average of $31.21 and a two-hundred day simple moving average of $32.09. The stock has a market cap of $4.18 billion, a PE ratio of 143.28, a P/E/G ratio of 3.01 and a beta of 1.90. Vishay Intertechnology, Inc. has a 1-year low of $11.77 and a 1-year high of $69.47. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.15 by $0.04. The firm had revenue of $918.58 million for the quarter, compared to analyst estimates of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.07) EPS. As a group, analysts forecast that Vishay Intertechnology, Inc. will post 0.85 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 10th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, September 10th. Vishay Intertechnology’s dividend payout ratio (DPR) is 210.53%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on VSH shares. Raymond James Financial started coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price target on the stock. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Needham & Company LLC began coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They set a “buy” rating and a $45.00 target price for the company. Wall Street Zen raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Finally, Oppenheimer increased their price target on Vishay Intertechnology from $42.00 to $45.00 and gave the stock an “outperform” rating in a report on Thursday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $36.67.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc is a global manufacturer of electronic components used in industrial, automotive, computing, telecommunications, consumer electronics, aerospace and defense, and medical applications. The company’s portfolio includes passive components and semiconductor products that support power management, signal processing, sensing, connectivity and energy conversion.

Its products include resistors, capacitors, inductors, diodes, rectifiers, power MOSFETs, optoelectronic components, sensors, transducers and related power and circuit-protection devices.