Louisiana State Employees Retirement System Grows Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Louisiana State Employees Retirement System raised its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 73.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 54,400 shares of the semiconductor company’s stock after buying an additional 23,000 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Vishay Intertechnology were worth $922,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Blue Trust Inc. increased its holdings in Vishay Intertechnology by 275.9% in the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock worth $46,000 after buying an additional 1,989 shares during the period. DekaBank Deutsche Girozentrale acquired a new position in Vishay Intertechnology in the 3rd quarter worth approximately $101,000. Eastern Bank acquired a new position in Vishay Intertechnology in the 3rd quarter worth approximately $113,000. Matrix Trust Co increased its holdings in Vishay Intertechnology by 660.1% in the 4th quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company’s stock worth $170,000 after buying an additional 8,700 shares during the period. Finally, Coldstream Capital Management Inc. acquired a new position in Vishay Intertechnology in the 3rd quarter worth approximately $196,000. 93.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of Vishay Intertechnology stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $16.71, for a total transaction of $340,198.89. Following the sale, the chairman now owns 32,957 shares of the company’s stock, valued at $550,711.47. The trade was a 38.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.14% of the stock is owned by corporate insiders.

Vishay Intertechnology Price Performance

Shares of NYSE VSH opened at $18.68 on Tuesday. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of -77.84 and a beta of 1.12. Vishay Intertechnology, Inc. has a 12 month low of $14.95 and a 12 month high of $24.68. The firm’s 50 day simple moving average is $17.12 and its 200-day simple moving average is $17.98. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.85.

Vishay Intertechnology Dividend Announcement

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

Analysts Set New Price Targets

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

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.