Maryland State Retirement & Pension System Purchases Shares of 37,921 Vishay Intertechnology, Inc. (NYSE:VSH)

Maryland State Retirement & Pension System acquired a new position in Vishay Intertechnology, Inc. (NYSE:VSH) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 37,921 shares of the semiconductor company’s stock, valued at approximately $642,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Quantbot Technologies LP raised its position in Vishay Intertechnology by 89.7% in the third quarter. Quantbot Technologies LP now owns 100,864 shares of the semiconductor company’s stock valued at $1,907,000 after purchasing an additional 47,700 shares during the period. Fisher Asset Management LLC raised its holdings in shares of Vishay Intertechnology by 2.5% in the 3rd quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock valued at $50,548,000 after buying an additional 66,268 shares during the period. Systematic Financial Management LP raised its holdings in shares of Vishay Intertechnology by 15.1% in the 3rd quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company’s stock valued at $26,253,000 after buying an additional 182,212 shares during the period. Bernzott Capital Advisors lifted its stake in Vishay Intertechnology by 27.9% during the 4th quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company’s stock worth $6,160,000 after acquiring an additional 79,214 shares in the last quarter. Finally, Verition Fund Management LLC purchased a new position in Vishay Intertechnology during the 3rd quarter valued at about $906,000. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. initiated coverage on shares of Vishay Intertechnology in a research report on Monday, December 16th. They set a “neutral” rating and a $19.00 price target on the stock. StockNews.com upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.

Insider Buying and Selling at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 20,359 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $550,711.47. This represents a 38.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 8.14% of the company’s stock.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $17.35 on Tuesday. Vishay Intertechnology, Inc. has a 1 year low of $14.95 and a 1 year high of $24.69. The stock has a market capitalization of $2.35 billion, a PE ratio of -72.30 and a beta of 1.13. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70. The stock has a 50-day simple moving average of $17.27 and a 200-day simple moving average of $17.51.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.31%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -166.67%.

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.