Vishay Intertechnology (NYSE:VSH) Cut to “Sell” at StockNews.com

StockNews.com lowered shares of Vishay Intertechnology (NYSE:VSHFree Report) from a hold rating to a sell rating in a research report sent to investors on Wednesday.

Separately, JPMorgan Chase & Co. started coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 price target for the company.

Check Out Our Latest Research Report on VSH

Vishay Intertechnology Trading Up 1.0 %

NYSE:VSH opened at $17.18 on Wednesday. Vishay Intertechnology has a 1-year low of $14.95 and a 1-year high of $24.68. The stock has a fifty day simple moving average of $17.54 and a 200 day simple moving average of $19.78. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 27.71 and a beta of 1.12. The company has a quick ratio of 1.85, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSHGet Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The company had revenue of $735.35 million for the quarter, compared to analysts’ expectations of $748.84 million. During the same period in the previous year, the firm posted $0.60 earnings per share. The business’s revenue for the quarter was down 13.9% on a year-over-year basis. Sell-side analysts forecast that Vishay Intertechnology will post 0.55 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $0.40 annualized dividend and a yield of 2.33%. Vishay Intertechnology’s dividend payout ratio is 64.52%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VSH. Matrix Trust Co bought a new position in shares of Vishay Intertechnology during the 3rd quarter valued at about $25,000. nVerses Capital LLC acquired a new position in Vishay Intertechnology in the 2nd quarter worth $45,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vishay Intertechnology by 11,136.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock worth $48,000 after buying an additional 2,116 shares during the period. Adirondack Trust Co. grew its holdings in shares of Vishay Intertechnology by 71.4% during the third quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company’s stock worth $91,000 after buying an additional 2,000 shares in the last quarter. Finally, Innealta Capital LLC acquired a new stake in Vishay Intertechnology in the 2nd quarter valued at approximately $111,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Company Profile

(Get Free Report)

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.

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