Public Employees Retirement Association of Colorado Trims Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Public Employees Retirement Association of Colorado lessened its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 10.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 13,531 shares of the semiconductor company’s stock after selling 1,542 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Vishay Intertechnology were worth $302,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. EHP Funds Inc. boosted its stake in shares of Vishay Intertechnology by 3.7% during the fourth quarter. EHP Funds Inc. now owns 13,900 shares of the semiconductor company’s stock valued at $333,000 after acquiring an additional 500 shares during the last quarter. National Bank of Canada FI lifted its holdings in Vishay Intertechnology by 3.4% in the 2nd quarter. National Bank of Canada FI now owns 19,835 shares of the semiconductor company’s stock valued at $432,000 after purchasing an additional 650 shares in the last quarter. State of Michigan Retirement System boosted its stake in shares of Vishay Intertechnology by 2.3% during the 1st quarter. State of Michigan Retirement System now owns 30,988 shares of the semiconductor company’s stock worth $703,000 after purchasing an additional 700 shares during the last quarter. Headlands Technologies LLC grew its holdings in shares of Vishay Intertechnology by 95.7% during the first quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company’s stock worth $36,000 after buying an additional 774 shares in the last quarter. Finally, Bell Investment Advisors Inc lifted its stake in shares of Vishay Intertechnology by 122.5% during the first quarter. Bell Investment Advisors Inc now owns 1,424 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 784 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Analyst Ratings Changes

Separately, TD Cowen lowered their target price on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research note on Thursday, August 8th.

Vishay Intertechnology Stock Up 3.1 %

Shares of NYSE:VSH opened at $19.07 on Friday. Vishay Intertechnology, Inc. has a 12-month low of $17.42 and a 12-month high of $25.22. The stock’s 50-day moving average price is $20.26 and its two-hundred day moving average price is $21.80. The company has a current ratio of 2.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.38. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 10.96 and a beta of 1.10.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The firm had revenue of $741.20 million during the quarter, compared to the consensus estimate of $754.71 million. Vishay Intertechnology had a net margin of 5.48% and a return on equity of 8.72%. Vishay Intertechnology’s revenue was down 16.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.68 earnings per share. On average, research analysts forecast that Vishay Intertechnology, Inc. will post 0.72 EPS for the current year.

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Tuesday, September 10th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.10%. The ex-dividend date was Tuesday, September 10th. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 22.99%.

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.