Public Sector Pension Investment Board Grows Holdings in Vishay Intertechnology, Inc. $VSH

Public Sector Pension Investment Board raised its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 25.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 481,654 shares of the semiconductor company’s stock after buying an additional 99,076 shares during the period. Public Sector Pension Investment Board’s holdings in Vishay Intertechnology were worth $7,369,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State of Alaska Department of Revenue raised its stake in shares of Vishay Intertechnology by 25.6% during the 3rd quarter. State of Alaska Department of Revenue now owns 247,392 shares of the semiconductor company’s stock worth $3,784,000 after purchasing an additional 50,467 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in Vishay Intertechnology during the third quarter worth about $1,911,000. Live Oak Private Wealth LLC raised its position in Vishay Intertechnology by 45.7% in the third quarter. Live Oak Private Wealth LLC now owns 442,758 shares of the semiconductor company’s stock worth $6,774,000 after acquiring an additional 138,965 shares during the period. Atria Investments Inc boosted its stake in Vishay Intertechnology by 21.0% in the second quarter. Atria Investments Inc now owns 25,478 shares of the semiconductor company’s stock valued at $405,000 after acquiring an additional 4,423 shares during the last quarter. Finally, Brandywine Global Investment Management LLC purchased a new position in Vishay Intertechnology in the second quarter valued at about $3,451,000. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Argus raised Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. Bank of America upped their price target on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a research report on Thursday, January 22nd. Finally, Zacks Research downgraded Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Vishay Intertechnology currently has a consensus rating of “Reduce” and an average price target of $18.00.

Vishay Intertechnology Price Performance

Shares of NYSE VSH opened at $18.70 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $22.00. The stock has a market cap of $2.54 billion, a PE ratio of -267.10 and a beta of 1.14. The stock has a fifty day moving average of $17.21 and a 200-day moving average of $15.88.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The company had revenue of $800.92 million during the quarter, compared to the consensus estimate of $790.47 million. The business’s quarterly revenue was up 12.1% on a year-over-year basis. Equities research analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.40 annualized dividend and a yield of 2.1%. Vishay Intertechnology’s payout ratio is currently -571.43%.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.