Vishay Intertechnology (NYSE:VSH) Downgraded to “Sell” Rating by StockNews.com

StockNews.com lowered shares of Vishay Intertechnology (NYSE:VSH) from a hold rating to a sell rating in a research note published on Saturday morning.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $13.14 on Friday. 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 moving average of $14.17 and a two-hundred day moving average of $16.22. The stock has a market cap of $1.78 billion, a P/E ratio of -54.75 and a beta of 1.06. Vishay Intertechnology has a one year low of $10.35 and a one year high of $24.69.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, hitting analysts’ consensus estimates of ($0.03). Vishay Intertechnology had a positive return on equity of 3.06% and a negative net margin of 1.06%. The firm had revenue of $715.24 million during the quarter, compared to the consensus estimate of $713.50 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. The company’s revenue was down 4.2% compared to the same quarter last year. As a group, research analysts predict that Vishay Intertechnology will post 0.53 EPS for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend was Thursday, March 13th. Vishay Intertechnology’s payout ratio is -81.63%.

Insider Buying and Selling at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology 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 completion of the transaction, the chairman now directly owns 76,468 shares of the company’s stock, valued at $1,290,779.84. The trade was a 26.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 8.32% of the company’s stock.

Institutional Trading of Vishay Intertechnology

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wealthfront Advisers LLC purchased a new stake in shares of Vishay Intertechnology during the 4th quarter worth about $38,000. GAMMA Investing LLC boosted its position in Vishay Intertechnology by 602.1% during the first 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. Blue Trust Inc. grew its holdings in Vishay Intertechnology by 275.9% in the fourth 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 period. Larson Financial Group LLC increased its position in shares of Vishay Intertechnology by 27,083.3% in the first 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. Finally, CWM LLC raised its stake in shares of Vishay Intertechnology by 76.0% during the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company’s stock worth $55,000 after buying an additional 1,500 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

About Vishay Intertechnology

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.