Public Employees Retirement System of Ohio lifted its stake in shares of Vishay Intertechnology (NYSE:VSH) by 86.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 98,043 shares of the semiconductor company’s stock after acquiring an additional 45,466 shares during the quarter. Public Employees Retirement System of Ohio owned 0.07% of Vishay Intertechnology worth $1,843,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently bought and sold shares of the company. California Public Employees Retirement System boosted its stake in Vishay Intertechnology by 4.1% in the third quarter. California Public Employees Retirement System now owns 515,978 shares of the semiconductor company’s stock valued at $9,700,000 after acquiring an additional 20,478 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of Vishay Intertechnology by 3.7% during the third quarter. Janus Henderson Group PLC now owns 1,485,016 shares of the semiconductor company’s stock worth $27,918,000 after buying an additional 53,009 shares during the period. Vident Investment Advisory LLC acquired a new stake in shares of Vishay Intertechnology during the third quarter worth about $2,829,000. AMP Capital Investors Ltd boosted its stake in shares of Vishay Intertechnology by 13.0% during the third quarter. AMP Capital Investors Ltd now owns 41,700 shares of the semiconductor company’s stock worth $784,000 after buying an additional 4,800 shares during the period. Finally, Royce & Associates LP boosted its stake in shares of Vishay Intertechnology by 6.8% during the third quarter. Royce & Associates LP now owns 6,818,471 shares of the semiconductor company’s stock worth $128,187,000 after buying an additional 435,749 shares during the period.
A number of equities research analysts recently commented on VSH shares. Zacks Investment Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective for the company in a research report on Thursday, October 5th. Citigroup raised their price objective on shares of Vishay Intertechnology from $16.00 to $19.00 and gave the company a “sell” rating in a research report on Friday, October 27th. Finally, Stifel Nicolaus increased their target price on shares of Vishay Intertechnology from $18.00 to $20.00 and gave the company a “hold” rating in a report on Friday, October 27th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. Vishay Intertechnology presently has a consensus rating of “Hold” and a consensus target price of $20.33.
In related news, Director Abraham Ludomirski sold 20,000 shares of Vishay Intertechnology stock in a transaction on Monday, October 30th. The shares were sold at an average price of $21.79, for a total transaction of $435,800.00. Following the transaction, the director now owns 86,232 shares in the company, valued at approximately $1,878,995.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gerald Paul sold 50,000 shares of Vishay Intertechnology stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $21.37, for a total transaction of $1,068,500.00. Following the transaction, the chief executive officer now owns 162,986 shares in the company, valued at approximately $3,483,010.82. The disclosure for this sale can be found here. 7.91% of the stock is owned by company insiders.
Shares of Vishay Intertechnology (NYSE:VSH) opened at $22.10 on Thursday. Vishay Intertechnology has a 1 year low of $15.35 and a 1 year high of $23.45. The stock has a market cap of $3,110.00, a P/E ratio of 32.50, a P/E/G ratio of 0.69 and a beta of 1.20. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.44 and a current ratio of 4.33.
Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Thursday, October 26th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.05. The firm had revenue of $677.90 million for the quarter, compared to analyst estimates of $660.32 million. Vishay Intertechnology had a net margin of 4.34% and a return on equity of 11.77%. Vishay Intertechnology’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.25 earnings per share. analysts forecast that Vishay Intertechnology will post 1.41 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Shareholders of record on Thursday, December 7th were issued a $0.0675 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend was Wednesday, December 6th. This is a positive change from Vishay Intertechnology’s previous quarterly dividend of $0.06. Vishay Intertechnology’s dividend payout ratio (DPR) is 39.71%.
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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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