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

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

Several other hedge funds and other institutional investors have also recently bought and sold shares of VSH. Coldstream Capital Management Inc. grew its position in Vishay Intertechnology by 6.4% in the 4th quarter. Coldstream Capital Management Inc. now owns 11,090 shares of the semiconductor company's stock worth $188,000 after purchasing an additional 663 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Vishay Intertechnology by 3.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company's stock worth $339,000 after purchasing an additional 714 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Vishay Intertechnology by 1.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 104,986 shares of the semiconductor company's stock worth $1,778,000 after purchasing an additional 1,767 shares in the last quarter. Foundry Partners LLC grew its position in Vishay Intertechnology by 10.6% in the 4th quarter. Foundry Partners LLC now owns 20,128 shares of the semiconductor company's stock worth $341,000 after purchasing an additional 1,921 shares in the last quarter. Finally, New York State Teachers Retirement System grew its position in Vishay Intertechnology by 1.2% in the 1st quarter. New York State Teachers Retirement System now owns 162,070 shares of the semiconductor company's stock worth $2,577,000 after purchasing an additional 2,000 shares in the last quarter. 93.66% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Roy Shoshani acquired 10,000 shares of the firm's stock in a transaction on Tuesday, May 13th. The shares were bought at an average price of $14.95 per share, for a total transaction of $149,500.00. Following the acquisition, the executive vice president owned 106,550 shares of the company's stock, valued at approximately $1,592,922.50. This trade represents a 10.36% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Michael J. Cody acquired 3,500 shares of Vishay Intertechnology stock in a transaction that occurred on Wednesday, June 11th. The stock was bought at an average price of $16.12 per share, for a total transaction of $56,420.00. Following the completion of the acquisition, the director owned 60,169 shares in the company, valued at $969,924.28. This trade represents a 6.18% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 16,750 shares of company stock worth $253,568 in the last quarter. Corporate insiders own 8.32% of the company's stock.

Analyst Ratings Changes

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.

Vishay Intertechnology Stock Up 0.6%

NYSE:VSH traded up $0.11 during mid-day trading on Wednesday, reaching $17.63. The company's stock had a trading volume of 2,685,848 shares, compared to its average volume of 1,877,582. Vishay Intertechnology, Inc. has a 1 year low of $10.35 and a 1 year high of $24.69. The stock has a fifty day moving average of $15.75 and a 200-day moving average of $15.62. The firm has a market capitalization of $2.39 billion, a PE ratio of -35.97 and a beta of 1.12. The company has a quick ratio of 1.79, a current ratio of 2.80 and a debt-to-equity ratio of 0.49.

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, meeting 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 during the quarter, compared to analyst estimates of $713.50 million. During the same period in the prior year, the firm posted $0.22 earnings per share. The company's quarterly revenue was down 4.2% on a year-over-year basis. Equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 18th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.27%. Vishay Intertechnology's dividend payout ratio (DPR) is -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.