Maryland State Retirement & Pension System Has $520,000 Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Maryland State Retirement & Pension System decreased its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 13.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,730 shares of the semiconductor company’s stock after selling 5,191 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Vishay Intertechnology were worth $520,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of VSH. GAMMA Investing LLC raised its stake in Vishay Intertechnology by 602.1% in the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 2,312 shares in the last quarter. Larson Financial Group LLC raised its position in shares of Vishay Intertechnology by 27,083.3% in the 1st quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company’s stock valued at $52,000 after buying an additional 3,250 shares in the last quarter. CWM LLC raised its position in shares of Vishay Intertechnology by 76.0% in the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 1,500 shares in the last quarter. Sterling Capital Management LLC raised its position in shares of Vishay Intertechnology by 819.2% in the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company’s stock valued at $67,000 after buying an additional 3,547 shares in the last quarter. Finally, State of Wyoming raised its position in shares of Vishay Intertechnology by 234.2% in the 4th quarter. State of Wyoming now owns 8,893 shares of the semiconductor company’s stock valued at $151,000 after buying an additional 6,232 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Trading Down 0.9%

VSH opened at $15.32 on Friday. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $20.91. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.64. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of -23.56 and a beta of 1.13. The company’s 50 day moving average price is $16.21 and its two-hundred day moving average price is $15.52.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.09). Vishay Intertechnology had a negative return on equity of 0.10% and a negative net margin of 3.00%. The business had revenue of $762.25 million for the quarter, compared to the consensus estimate of $756.07 million. During the same period in the previous year, the firm earned $0.17 earnings per share. The company’s revenue was up 2.8% compared to the same quarter last year. As a group, research analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, September 11th. Vishay Intertechnology’s payout ratio is presently -61.54%.

Insiders Place Their Bets

In other Vishay Intertechnology news, Director Michael J. Cody bought 3,500 shares of Vishay Intertechnology stock in a transaction on Wednesday, June 11th. The shares were purchased at an average cost of $16.12 per share, with a total value of $56,420.00. Following the acquisition, the director directly owned 60,169 shares of the company’s stock, valued at $969,924.28. The trade was a 6.18% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 8.32% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th.

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.