Vishay Intertechnology, Inc. (VSH) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund cut its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 8.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 265,065 shares of the semiconductor company’s stock after selling 26,031 shares during the quarter. New York State Common Retirement Fund owned 0.18% of Vishay Intertechnology worth $4,400,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of VSH. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Vishay Intertechnology by 9.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,800 shares of the semiconductor company’s stock valued at $113,000 after purchasing an additional 600 shares during the period. Riverhead Capital Management LLC increased its position in shares of Vishay Intertechnology by 65.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,090 shares of the semiconductor company’s stock valued at $134,000 after purchasing an additional 3,190 shares during the period. US Bancorp DE increased its position in shares of Vishay Intertechnology by 0.5% during the 1st quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock valued at $144,000 after purchasing an additional 45 shares during the period. LS Investment Advisors LLC increased its position in shares of Vishay Intertechnology by 17.9% during the 2nd quarter. LS Investment Advisors LLC now owns 10,513 shares of the semiconductor company’s stock valued at $175,000 after purchasing an additional 1,595 shares during the period. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Vishay Intertechnology during the 2nd quarter valued at $201,000.

Vishay Intertechnology, Inc. (NYSE:VSH) opened at 20.90 on Tuesday. Vishay Intertechnology, Inc. has a one year low of $13.70 and a one year high of $21.10. The firm has a market capitalization of $3.06 billion, a PE ratio of 39.66 and a beta of 1.24. The company has a 50 day moving average price of $18.63 and a 200-day moving average price of $17.24.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.34 by $0.02. The company had revenue of $644.89 million during the quarter, compared to analysts’ expectations of $643.19 million. Vishay Intertechnology had a net margin of 3.34% and a return on equity of 9.89%. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS. On average, equities analysts predict that Vishay Intertechnology, Inc. will post $1.35 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 28th. Shareholders of record on Friday, September 15th were given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend was Thursday, September 14th. Vishay Intertechnology’s payout ratio is 49.02%.

Vishay Intertechnology announced that its Board of Directors has approved a stock repurchase plan on Wednesday, August 2nd that allows the company to buyback $150.00 million in shares. This buyback authorization allows the semiconductor company to reacquire up to 5.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

COPYRIGHT VIOLATION NOTICE: “Vishay Intertechnology, Inc. (VSH) Shares Sold by New York State Common Retirement Fund” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The correct version of this story can be read at https://ledgergazette.com/2017/10/17/vishay-intertechnology-inc-vsh-shares-sold-by-new-york-state-common-retirement-fund.html.

VSH has been the topic of a number of recent research reports. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 target price on the stock in a report on Thursday, October 5th. BidaskClub cut Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Tuesday, August 22nd. Final

Several other hedge funds have also recently modified their holdings of VSH. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Vishay Intertechnology by 9.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,800 shares of the semiconductor company’s stock valued at $113,000 after purchasing an additional 600 shares during the period. Riverhead Capital Management LLC increased its position in shares of Vishay Intertechnology by 65.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,090 shares of the semiconductor company’s stock valued at $134,000 after purchasing an additional 3,190 shares during the period. US Bancorp DE increased its position in shares of Vishay Intertechnology by 0.5% during the 1st quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock valued at $144,000 after purchasing an additional 45 shares during the period. LS Investment Advisors LLC increased its position in shares of Vishay Intertechnology by 17.9% during the 2nd quarter. LS Investment Advisors LLC now owns 10,513 shares of the semiconductor company’s stock valued at $175,000 after purchasing an additional 1,595 shares during the period. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Vishay Intertechnology during the 2nd quarter valued at $201,000.

Vishay Intertechnology, Inc. (NYSE:VSH) opened at 20.90 on Tuesday. Vishay Intertechnology, Inc. has a one year low of $13.70 and a one year high of $21.10. The firm has a market capitalization of $3.06 billion, a PE ratio of 39.66 and a beta of 1.24. The company has a 50 day moving average price of $18.63 and a 200-day moving average price of $17.24.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.34 by $0.02. The company had revenue of $644.89 million during the quarter, compared to analysts’ expectations of $643.19 million. Vishay Intertechnology had a net margin of 3.34% and a return on equity of 9.89%. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS. On average, equities analysts predict that Vishay Intertechnology, Inc. will post $1.35 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 28th. Shareholders of record on Friday, September 15th were given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend was Thursday, September 14th. Vishay Intertechnology’s payout ratio is 49.02%.

Vishay Intertechnology announced that its Board of Directors has approved a stock repurchase plan on Wednesday, August 2nd that allows the company to buyback $150.00 million in shares. This buyback authorization allows the semiconductor company to reacquire up to 5.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

COPYRIGHT VIOLATION NOTICE: “Vishay Intertechnology, Inc. (VSH) Shares Sold by New York State Common Retirement Fund” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The correct version of this story can be read at https://ledgergazette.com/2017/10/17/vishay-intertechnology-inc-vsh-shares-sold-by-new-york-state-common-retirement-fund.html.

VSH has been the topic of a number of recent research reports. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 target price on the stock in a report on Thursday, October 5th. BidaskClub cut Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Tuesday, August 22nd. Finally, Stifel Nicolaus restated a “hold” rating and issued a $17.00 target price on shares of Vishay Intertechnology in a report on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $19.50.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.

Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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