New York State Teachers Retirement System Sells 13,641 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

New York State Teachers Retirement System decreased its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 160,070 shares of the semiconductor company’s stock after selling 13,641 shares during the quarter. New York State Teachers Retirement System’s holdings in Vishay Intertechnology were worth $2,712,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Mountaineer Partners Management LLC boosted its position in Vishay Intertechnology by 924.9% during the third quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock worth $394,161,000 after purchasing 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 worth approximately $13,173,000. Needham Investment Management LLC lifted its holdings in shares of Vishay Intertechnology by 39.2% during the third quarter. Needham Investment Management LLC now owns 1,260,000 shares of the semiconductor company’s stock worth $23,827,000 after buying an additional 355,000 shares during the last quarter. Bernzott Capital Advisors acquired a new position in shares of Vishay Intertechnology during the third quarter worth approximately $5,378,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Vishay Intertechnology by 17.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company’s stock worth $32,336,000 after buying an additional 248,741 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Performance

Shares of NYSE VSH opened at $18.67 on Friday. The business has a fifty day simple moving average of $17.21 and a 200 day simple moving average of $17.95. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of -77.77 and a beta of 1.12. Vishay Intertechnology, Inc. has a one year low of $14.95 and a one year high of $24.68.

Vishay Intertechnology Announces Dividend

The company also recently announced 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 of this dividend is Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.14%. Vishay Intertechnology’s payout ratio is -166.67%.

Insider Activity at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total transaction of $340,198.89. Following the completion of the transaction, the chairman now directly owns 32,957 shares in the company, valued at $550,711.47. This represents a 38.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.14% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

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.