Maryland State Retirement & Pension System Acquires New Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Maryland State Retirement & Pension System bought a new position in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 37,921 shares of the semiconductor company's stock, valued at approximately $642,000.

A number of other large investors have also recently added to or reduced their stakes in VSH. Atria Investments Inc grew its stake in Vishay Intertechnology by 3.2% in the fourth quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company's stock valued at $318,000 after purchasing an additional 590 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Vishay Intertechnology by 3.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company's stock valued at $339,000 after acquiring an additional 714 shares during the period. Somerset Trust Co increased its stake in shares of Vishay Intertechnology by 10.4% during the 4th quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company's stock worth $208,000 after purchasing an additional 1,152 shares during the last quarter. Inspire Investing LLC raised its holdings in shares of Vishay Intertechnology by 8.7% in the 4th quarter. Inspire Investing LLC now owns 23,658 shares of the semiconductor company's stock valued at $401,000 after purchasing an additional 1,898 shares during the period. Finally, Blue Trust Inc. lifted its stake in Vishay Intertechnology by 275.9% in the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company's stock valued at $46,000 after purchasing an additional 1,989 shares during the last quarter. Institutional investors own 93.66% of the company's stock.

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Insider Buying and Selling

In related news, Chairman Marc Zandman sold 27,176 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total transaction of $458,730.88. Following the sale, the chairman now owns 76,468 shares in the company, valued at approximately $1,290,779.84. This trade represents a 26.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 8.14% of the stock is currently owned by company insiders.

Vishay Intertechnology Stock Performance

NYSE VSH traded down $0.42 on Friday, reaching $16.21. The stock had a trading volume of 1,617,050 shares, compared to its average volume of 1,600,551. Vishay Intertechnology, Inc. has a 1-year low of $14.95 and a 1-year high of $24.69. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. The company has a market cap of $2.20 billion, a P/E ratio of -67.53 and a beta of 1.13. The firm has a fifty day moving average of $17.30 and a two-hundred day moving average of $17.49.

Vishay Intertechnology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.47%. Vishay Intertechnology's payout ratio is -166.67%.

Wall Street Analysts Forecast Growth

VSH has been the subject of several research analyst reports. JPMorgan Chase & Co. began coverage on Vishay Intertechnology in a research note on Monday, December 16th. They set a "neutral" rating and a $19.00 target price for the company. StockNews.com upgraded shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research note on Tuesday, March 18th.

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.