New York State Teachers Retirement System Has $4.87 Million Stock Holdings in Vishay Intertechnology (NYSE:VSH)

New York State Teachers Retirement System trimmed its stake in shares of Vishay Intertechnology (NYSE:VSH) by 2.2% in the second quarter, Holdings Channel.com reports. The firm owned 294,991 shares of the semiconductor company’s stock after selling 6,543 shares during the quarter. New York State Teachers Retirement System’s holdings in Vishay Intertechnology were worth $4,873,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in VSH. DNB Asset Management AS increased its position in Vishay Intertechnology by 28.1% during the 2nd quarter. DNB Asset Management AS now owns 8,589,309 shares of the semiconductor company’s stock worth $141,895,000 after purchasing an additional 1,883,626 shares in the last quarter. Norges Bank bought a new stake in Vishay Intertechnology during the 4th quarter worth approximately $29,954,000. First Trust Advisors LP grew its holdings in Vishay Intertechnology by 707.5% during the 1st quarter. First Trust Advisors LP now owns 906,431 shares of the semiconductor company’s stock worth $16,742,000 after acquiring an additional 794,173 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Vishay Intertechnology by 229.5% during the 1st quarter. Assenagon Asset Management S.A. now owns 272,836 shares of the semiconductor company’s stock worth $5,039,000 after acquiring an additional 190,031 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board bought a new stake in Vishay Intertechnology during the 1st quarter worth approximately $2,292,000. Institutional investors and hedge funds own 90.77% of the company’s stock.

VSH traded down $0.14 during trading on Friday, reaching $16.61. 1,410,694 shares of the company’s stock were exchanged, compared to its average volume of 1,075,952. Vishay Intertechnology has a one year low of $15.06 and a one year high of $25.80. The company has a quick ratio of 2.25, a current ratio of 3.41 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $2.45 billion, a PE ratio of 8.29, a PEG ratio of 1.34 and a beta of 1.53. The stock has a fifty day moving average price of $16.24.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Tuesday, July 30th. The semiconductor company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.01. Vishay Intertechnology had a net margin of 10.05% and a return on equity of 21.03%. The firm had revenue of $685.20 million for the quarter, compared to analyst estimates of $685.76 million. During the same period in the previous year, the firm posted $0.54 EPS. The company’s revenue for the quarter was down 10.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Vishay Intertechnology will post 1.36 earnings per share for the current year.

A number of research firms have weighed in on VSH. Cowen began coverage on shares of Vishay Intertechnology in a report on Tuesday, May 21st. They set a “market perform” rating and a $17.00 target price on the stock. Zacks Investment Research lowered shares of Vishay Intertechnology from a “hold” rating to a “sell” rating and set a $17.00 target price on the stock. in a report on Saturday, July 13th. Finally, ValuEngine raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Thursday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. Vishay Intertechnology has an average rating of “Hold” and a consensus price target of $22.20.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.

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Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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