Illinois Municipal Retirement Fund bought a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 58,200 shares of the semiconductor company's stock, valued at approximately $925,000.
Several other institutional investors also recently bought and sold shares of VSH. Norges Bank purchased a new position in Vishay Intertechnology during the fourth quarter valued at $143,719,000. Hood River Capital Management LLC purchased a new position in shares of Vishay Intertechnology in the 4th quarter worth $53,860,000. First Trust Advisors LP grew its stake in shares of Vishay Intertechnology by 34.5% in the 4th quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock worth $86,011,000 after buying an additional 1,301,383 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Vishay Intertechnology by 7.9% in the 4th quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock worth $281,652,000 after buying an additional 1,224,112 shares in the last quarter. Finally, Woodline Partners LP grew its stake in shares of Vishay Intertechnology by 148.5% in the 4th quarter. Woodline Partners LP now owns 1,770,791 shares of the semiconductor company's stock worth $29,997,000 after buying an additional 1,058,173 shares in the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, Director Michael J. Cody acquired 3,500 shares of Vishay Intertechnology stock in a transaction that occurred on Wednesday, June 11th. The shares were 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 of the company's stock, valued at $969,924.28. This trade represents a 6.18% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, EVP Roy Shoshani acquired 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were bought at an average price of $14.95 per share, with a total value of $149,500.00. Following the acquisition, the executive vice president directly owned 106,550 shares in the company, valued at $1,592,922.50. This represents a 10.36% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 16,750 shares of company stock valued at $253,568 in the last ninety days. 8.32% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Saturday, May 10th.
Check Out Our Latest Report on VSH
Vishay Intertechnology Price Performance
Shares of NYSE:VSH traded up $0.19 on Friday, reaching $17.21. The company's stock had a trading volume of 890,330 shares, compared to its average volume of 1,860,026. Vishay Intertechnology, Inc. has a 52-week low of $10.35 and a 52-week high of $24.69. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.79 and a current ratio of 2.80. The company has a 50-day simple moving average of $14.81 and a 200 day simple moving average of $15.60. The company has a market cap of $2.33 billion, a P/E ratio of -35.12 and a beta of 1.12.
Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.03). Vishay Intertechnology had a negative net margin of 2.28% and a positive return on equity of 1.46%. The company had revenue of $715.24 million for the quarter, compared to analyst estimates of $713.50 million. During the same period in the prior year, the company posted $0.22 EPS. The firm's revenue for the quarter was down 4.2% on a year-over-year basis. As a group, equities research analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.
Vishay Intertechnology Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 18th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date was Wednesday, June 18th. Vishay Intertechnology's dividend payout ratio (DPR) is currently -81.63%.
About Vishay Intertechnology
(
Free Report)
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.
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