Vishay Intertechnology (NYSE:VSH) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Vishay Intertechnology (NYSE:VSH) from a sell rating to a hold rating in a research report sent to investors on Saturday.

Separately, Zacks Research upgraded shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, Vishay Intertechnology presently has a consensus rating of “Hold” and an average price target of $19.00.

Vishay Intertechnology Stock Performance

Shares of VSH stock opened at $15.09 on Friday. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of -23.21 and a beta of 1.15. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.64 and a current ratio of 2.70. The company has a 50-day simple moving average of $15.91 and a 200 day simple moving average of $15.13. Vishay Intertechnology has a 52 week low of $10.35 and a 52 week high of $20.15.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.09). Vishay Intertechnology had a negative return on equity of 0.10% and a negative net margin of 3.00%.The company had revenue of $762.25 million for the quarter, compared to the consensus estimate of $756.07 million. During the same period in the previous year, the firm posted $0.17 EPS. The business’s quarterly revenue was up 2.8% on a year-over-year basis. On average, sell-side analysts predict that Vishay Intertechnology will post 0.53 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, September 11th. Vishay Intertechnology’s dividend payout ratio is -61.54%.

Institutional Trading of Vishay Intertechnology

A number of institutional investors and hedge funds have recently made changes to their positions in VSH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Vishay Intertechnology by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,873 shares of the semiconductor company’s stock worth $1,218,000 after acquiring an additional 2,723 shares during the period. Quantinno Capital Management LP bought a new stake in shares of Vishay Intertechnology during the 4th quarter worth approximately $193,000. ProShare Advisors LLC lifted its holdings in shares of Vishay Intertechnology by 31.1% during the 4th quarter. ProShare Advisors LLC now owns 37,799 shares of the semiconductor company’s stock worth $640,000 after acquiring an additional 8,964 shares during the period. Systematic Financial Management LP lifted its holdings in shares of Vishay Intertechnology by 4.9% during the 4th quarter. Systematic Financial Management LP now owns 1,455,751 shares of the semiconductor company’s stock worth $24,660,000 after acquiring an additional 67,414 shares during the period. Finally, State of Wyoming lifted its holdings in shares of Vishay Intertechnology by 234.2% during the 4th quarter. State of Wyoming now owns 8,893 shares of the semiconductor company’s stock worth $151,000 after acquiring an additional 6,232 shares during the period. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Company 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.