Illinois Municipal Retirement Fund Invests $925,000 in Vishay Intertechnology, Inc. (NYSE:VSH)

Illinois Municipal Retirement Fund purchased a new stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 58,200 shares of the semiconductor company's stock, valued at approximately $925,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC purchased a new stake in shares of Vishay Intertechnology in the fourth quarter worth about $38,000. GAMMA Investing LLC lifted its position in Vishay Intertechnology by 602.1% during the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock worth $43,000 after acquiring an additional 2,312 shares in the last quarter. Sterling Capital Management LLC lifted its position in Vishay Intertechnology by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock worth $67,000 after acquiring an additional 3,547 shares in the last quarter. IFP Advisors Inc boosted its holdings in Vishay Intertechnology by 351.1% in the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock worth $74,000 after acquiring an additional 3,406 shares during the period. Finally, State of Wyoming boosted its holdings in Vishay Intertechnology by 234.2% in the 4th quarter. State of Wyoming now owns 8,893 shares of the semiconductor company's stock worth $151,000 after acquiring an additional 6,232 shares during the period. 93.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Saturday, May 10th.

Insider Activity

In related news, CFO David Mcconnell acquired 2,000 shares of the firm's stock in a transaction on Monday, May 12th. The stock was bought at an average cost of $14.69 per share, with a total value of $29,380.00. Following the acquisition, the chief financial officer directly owned 53,501 shares in the company, valued at approximately $785,929.69. The trade was a 3.88% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael J. Cody bought 3,500 shares of the company's stock in a transaction dated Wednesday, June 11th. The stock was bought at an average cost of $16.12 per share, with a total value of $56,420.00. Following the transaction, the director directly owned 60,169 shares in the company, valued at approximately $969,924.28. The trade was a 6.18% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders acquired 16,750 shares of company stock worth $253,568. 8.32% of the stock is currently owned by insiders.

Vishay Intertechnology Stock Up 1.1%

NYSE:VSH traded up $0.19 on Thursday, reaching $17.21. The stock had a trading volume of 890,330 shares, compared to its average volume of 1,854,445. The company has a 50-day moving average of $14.64 and a 200 day moving average of $15.62. The company has a current ratio of 2.80, a quick ratio of 1.79 and a debt-to-equity ratio of 0.49. The stock has a market cap of $2.33 billion, a P/E ratio of -35.12 and a beta of 1.12. Vishay Intertechnology, Inc. has a 12-month low of $10.35 and a 12-month high of $24.69.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). Vishay Intertechnology had a positive return on equity of 1.46% and a negative net margin of 2.28%. The business had revenue of $715.24 million for the quarter, compared to analysts' expectations of $713.50 million. During the same quarter in the previous year, the firm posted $0.22 earnings per share. The company's revenue was down 4.2% compared to the same quarter last year. On average, research analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 18th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend was Wednesday, June 18th. Vishay Intertechnology's dividend payout ratio (DPR) is currently -81.63%.

Vishay Intertechnology Profile

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.