Teacher Retirement System of Texas Takes Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Teacher Retirement System of Texas purchased a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,289 shares of the semiconductor company's stock, valued at approximately $259,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Trust Advisors LP grew its stake in shares of Vishay Intertechnology by 34.5% in the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock valued at $86,011,000 after acquiring an additional 1,301,383 shares in the last quarter. Sei Investments Co. grew its stake in shares of Vishay Intertechnology by 20.6% in the fourth quarter. Sei Investments Co. now owns 170,659 shares of the semiconductor company's stock valued at $2,891,000 after acquiring an additional 29,137 shares in the last quarter. QRG Capital Management Inc. grew its stake in Vishay Intertechnology by 79.3% during the first quarter. QRG Capital Management Inc. now owns 25,399 shares of the semiconductor company's stock worth $404,000 after buying an additional 11,236 shares in the last quarter. Vanguard Group Inc. grew its stake in Vishay Intertechnology by 7.9% during the fourth 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, GAMMA Investing LLC grew its stake in Vishay Intertechnology by 11,063.0% during the first quarter. GAMMA Investing LLC now owns 42,866 shares of the semiconductor company's stock worth $682,000 after buying an additional 42,482 shares in the last quarter. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Price Performance

Shares of VSH traded down $0.01 during mid-day trading on Tuesday, reaching $17.44. The company had a trading volume of 365,998 shares, compared to its average volume of 1,863,564. The company's 50 day simple moving average is $15.65 and its 200 day simple moving average is $15.60. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.79 and a current ratio of 2.80. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $24.69. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of -35.53 and a beta of 1.12.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its 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 negative net margin of 2.28% and a positive return on equity of 1.46%. The business had revenue of $715.24 million for the quarter, compared to the consensus estimate of $713.50 million. During the same period last year, the company earned $0.22 EPS. The firm's revenue was down 4.2% compared to the same quarter last year. Analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 18th were given a $0.10 dividend. The ex-dividend date was Wednesday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.29%. Vishay Intertechnology's dividend payout ratio (DPR) is currently -81.63%.

Wall Street Analyst Weigh In

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

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Director Michael J. Cody purchased 3,500 shares of the firm's stock in a transaction on Wednesday, June 11th. The stock was acquired at an average price of $16.12 per share, for a total transaction of $56,420.00. Following the purchase, the director 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 purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Roy Shoshani purchased 10,000 shares of the firm's stock in a transaction on Tuesday, May 13th. The shares were acquired at an average price of $14.95 per share, with a total value of $149,500.00. Following the purchase, 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 position. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 16,750 shares of company stock worth $253,568. Company insiders own 8.32% of the company's stock.

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.