Louisiana State Employees Retirement System Buys New Position in Vishay Intertechnology, Inc. $VSH

Louisiana State Employees Retirement System bought a new stake in Vishay Intertechnology, Inc. (NYSE:VSH) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 54,800 shares of the semiconductor company’s stock, valued at approximately $986,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. T. Rowe Price Investment Management Inc. acquired a new position in shares of Vishay Intertechnology in the fourth quarter valued at approximately $25,009,000. Woodline Partners LP lifted its stake in shares of Vishay Intertechnology by 25.3% during the third quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock valued at $104,251,000 after buying an additional 1,377,356 shares during the period. Jain Global LLC boosted its position in Vishay Intertechnology by 841.5% during the fourth quarter. Jain Global LLC now owns 910,143 shares of the semiconductor company’s stock worth $13,188,000 after acquiring an additional 813,472 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in Vishay Intertechnology during the third quarter worth approximately $12,306,000. Finally, Two Sigma Investments LP grew its stake in Vishay Intertechnology by 1,440.5% in the 3rd quarter. Two Sigma Investments LP now owns 844,508 shares of the semiconductor company’s stock worth $12,921,000 after acquiring an additional 789,686 shares during the period. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on VSH. Bank of America raised their price objective on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a report on Thursday, May 14th. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Weiss Ratings raised Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen cut Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Vishay Intertechnology has an average rating of “Moderate Buy” and an average price target of $24.00.

Vishay Intertechnology Stock Performance

Shares of NYSE:VSH opened at $45.99 on Friday. The firm has a market capitalization of $6.26 billion, a PE ratio of 4,599.10 and a beta of 1.76. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53. The business has a 50-day moving average of $47.79 and a two-hundred day moving average of $28.70. Vishay Intertechnology, Inc. has a 12 month low of $11.77 and a 12 month high of $69.47.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. The business had revenue of $839.24 million for the quarter, compared to analyst estimates of $823.54 million. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The company’s revenue was up 17.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.03) EPS. As a group, research analysts forecast that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Thursday, June 18th were paid a dividend of $0.10 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.9%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 4,000.00%.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.