Louisiana State Employees Retirement System Makes New $851,000 Investment in Vishay Intertechnology, Inc. (NYSE:VSH)

Louisiana State Employees Retirement System bought a new position in Vishay Intertechnology, Inc. (NYSE:VSH) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 35,500 shares of the semiconductor company’s stock, valued at approximately $851,000.

Several other institutional investors and hedge funds have also bought and sold shares of VSH. Fifth Third Bancorp lifted its stake in Vishay Intertechnology by 60.9% in the 3rd quarter. Fifth Third Bancorp now owns 1,477 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 559 shares in the last quarter. AMH Equity Ltd bought a new position in shares of Vishay Intertechnology in the 3rd quarter worth $48,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in shares of Vishay Intertechnology in the 4th quarter worth $48,000. Adirondack Trust Co. bought a new position in shares of Vishay Intertechnology in the 3rd quarter worth $69,000. Finally, IFP Advisors Inc increased its holdings in shares of Vishay Intertechnology by 24.7% in the 3rd quarter. IFP Advisors Inc now owns 3,640 shares of the semiconductor company’s stock worth $90,000 after buying an additional 721 shares during the last quarter. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 26,154 shares of the stock in a transaction on Monday, March 4th. The shares were sold at an average price of $22.83, for a total transaction of $597,095.82. Following the transaction, the chairman now owns 73,678 shares of the company’s stock, valued at approximately $1,682,068.74. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 8.14% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reissued a “buy” rating and issued a $25.00 price target on shares of Vishay Intertechnology in a report on Wednesday, April 3rd.

Vishay Intertechnology Price Performance

Shares of NYSE:VSH opened at $22.63 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.32 and a quick ratio of 2.38. Vishay Intertechnology, Inc. has a one year low of $20.57 and a one year high of $30.10. The company’s fifty day moving average price is $22.10 and its 200-day moving average price is $22.55. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 9.80 and a beta of 1.24.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, February 7th. The semiconductor company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. Vishay Intertechnology had a net margin of 9.52% and a return on equity of 15.72%. The company had revenue of $785.24 million for the quarter, compared to analyst estimates of $787.15 million. During the same quarter last year, the firm earned $0.69 EPS. The firm’s quarterly revenue was down 8.2% compared to the same quarter last year. On average, equities research analysts anticipate that Vishay Intertechnology, Inc. will post 1.1 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 14th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.77%. The ex-dividend date was Wednesday, March 13th. Vishay Intertechnology’s dividend payout ratio is currently 17.32%.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.