Louisiana State Employees Retirement System Has $594,000 Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Louisiana State Employees Retirement System cut its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 11.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 31,400 shares of the semiconductor company’s stock after selling 4,000 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Vishay Intertechnology were worth $594,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VSH. Jennison Associates LLC lifted its stake in Vishay Intertechnology by 66.4% in the 1st quarter. Jennison Associates LLC now owns 80,582 shares of the semiconductor company’s stock valued at $1,828,000 after acquiring an additional 32,161 shares in the last quarter. Texas Permanent School Fund Corp increased its holdings in shares of Vishay Intertechnology by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 110,483 shares of the semiconductor company’s stock worth $2,506,000 after acquiring an additional 1,430 shares during the last quarter. Quantbot Technologies LP grew its holdings in Vishay Intertechnology by 203.9% in the 1st quarter. Quantbot Technologies LP now owns 90,488 shares of the semiconductor company’s stock valued at $2,052,000 after buying an additional 60,715 shares in the last quarter. Empowered Funds LLC grew its holdings in Vishay Intertechnology by 13.8% in the 1st quarter. Empowered Funds LLC now owns 112,899 shares of the semiconductor company’s stock valued at $2,561,000 after buying an additional 13,727 shares in the last quarter. Finally, AMH Equity Ltd acquired a new position in Vishay Intertechnology in the 1st quarter valued at $2,495,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Price Performance

Shares of VSH stock opened at $17.04 on Wednesday. The company has a quick ratio of 1.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.38. Vishay Intertechnology, Inc. has a twelve month low of $16.65 and a twelve month high of $24.72. The company has a market cap of $2.33 billion, a P/E ratio of 13.85 and a beta of 1.09. The business has a fifty day simple moving average of $18.32 and a 200 day simple moving average of $21.03.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. The business had revenue of $741.20 million during the quarter, compared to the consensus estimate of $754.71 million. Vishay Intertechnology had a return on equity of 8.72% and a net margin of 5.48%. Vishay Intertechnology’s revenue for the quarter was down 16.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.68 EPS. On average, sell-side analysts forecast that Vishay Intertechnology, Inc. will post 0.72 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Tuesday, September 10th were given a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $0.40 annualized dividend and a yield of 2.35%. Vishay Intertechnology’s dividend payout ratio is presently 32.52%.

Analyst Ratings Changes

Separately, TD Cowen decreased their price objective on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a report on Thursday, August 8th.

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.