Vishay Intertechnology, Inc. (NYSE:VSH) Position Cut by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,039 shares of the semiconductor company’s stock after selling 969 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Vishay Intertechnology were worth $407,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Mountaineer Partners Management LLC increased its position in Vishay Intertechnology by 924.9% in the 3rd quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock valued at $394,161,000 after acquiring an additional 18,810,325 shares during the period. Cambiar Investors LLC acquired a new position in shares of Vishay Intertechnology during the fourth quarter valued at $13,173,000. First Eagle Investment Management LLC bought a new stake in shares of Vishay Intertechnology during the fourth quarter valued at about $9,046,000. Charles Schwab Investment Management Inc. lifted its holdings in Vishay Intertechnology by 26.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,169,246 shares of the semiconductor company’s stock worth $36,747,000 after purchasing an additional 459,252 shares during the period. Finally, Needham Investment Management LLC grew its position in Vishay Intertechnology by 39.2% in the 3rd quarter. Needham Investment Management LLC now owns 1,260,000 shares of the semiconductor company’s stock valued at $23,827,000 after buying an additional 355,000 shares in the last quarter. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Performance

NYSE:VSH opened at $16.69 on Friday. The company has a 50-day moving average of $17.30 and a 200-day moving average of $17.49. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of -69.53 and a beta of 1.13. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. Vishay Intertechnology, Inc. has a twelve month low of $14.95 and a twelve month high of $24.69.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology’s payout ratio is -166.67%.

Insiders Place Their Bets

In related news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the completion of the transaction, the chairman now owns 76,468 shares in the company, valued at $1,290,779.84. This trade represents a 26.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 8.14% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on VSH shares. JPMorgan Chase & Co. initiated coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They issued a “neutral” rating and a $19.00 price objective for the company. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th.

Vishay Intertechnology Company 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.