Vishay Intertechnology, Inc. (NYSE:VSH) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lowered its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 7.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 160,070 shares of the semiconductor company’s stock after selling 13,641 shares during the quarter. New York State Teachers Retirement System owned approximately 0.12% of Vishay Intertechnology worth $2,712,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Blue Trust Inc. raised its stake in Vishay Intertechnology by 275.9% during the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock valued at $46,000 after acquiring an additional 1,989 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in Vishay Intertechnology during the 3rd quarter valued at $101,000. Eastern Bank bought a new stake in Vishay Intertechnology during the 3rd quarter valued at $113,000. Matrix Trust Co raised its stake in Vishay Intertechnology by 660.1% during the 4th quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company’s stock valued at $170,000 after acquiring an additional 8,700 shares in the last quarter. Finally, Coldstream Capital Management Inc. bought a new stake in Vishay Intertechnology during the 3rd quarter valued at $196,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on VSH shares. StockNews.com lowered Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. JPMorgan Chase & Co. started coverage on Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 price target on the stock.

Insider Transactions at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 20,359 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total value of $340,198.89. Following the completion of the sale, the chairman now owns 32,957 shares of the company’s stock, valued at approximately $550,711.47. The trade was a 38.19 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 8.14% of the stock is currently owned by company insiders.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $18.67 on Friday. The company has a market capitalization of $2.54 billion, a PE ratio of -77.77 and a beta of 1.12. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70. The company’s 50 day moving average price is $17.21 and its 200 day moving average price is $17.95. Vishay Intertechnology, Inc. has a 52 week low of $14.95 and a 52 week high of $24.68.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio is currently -166.67%.

About Vishay Intertechnology

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.