Vishay Intertechnology (NYSE:VSH) Upgraded at Zacks Research

Zacks Research upgraded shares of Vishay Intertechnology (NYSE:VSH) from a strong sell rating to a hold rating in a research report released on Monday,Zacks.com reports.

Separately, Wall Street Zen lowered Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Sunday, August 17th. Two equities research 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 Trading Up 0.2%

NYSE:VSH opened at $15.29 on Monday. The business’s 50-day moving average is $16.01 and its two-hundred day moving average is $15.21. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.64. Vishay Intertechnology has a 12 month low of $10.35 and a 12 month high of $20.15. The firm has a market capitalization of $2.07 billion, a PE ratio of -23.52 and a beta of 1.15.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data 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 net margin of 3.00% and a negative return on equity of 0.10%. The company had revenue of $762.25 million during the quarter, compared to analysts’ expectations of $756.07 million. During the same period last year, the business earned $0.17 earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. Research analysts predict that Vishay Intertechnology will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Thursday, September 11th. Vishay Intertechnology’s dividend payout ratio (DPR) is -61.54%.

Institutional Trading of Vishay Intertechnology

Hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in Vishay Intertechnology by 602.1% in the first quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company’s stock valued at $43,000 after buying an additional 2,312 shares during the last quarter. Larson Financial Group LLC increased its holdings in 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 during the last quarter. CWM LLC increased its holdings in Vishay Intertechnology by 76.0% in the first quarter. CWM LLC now owns 3,473 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 1,500 shares during the last quarter. AlphaQuest LLC increased its holdings in Vishay Intertechnology by 135.6% in the second quarter. AlphaQuest LLC now owns 5,789 shares of the semiconductor company’s stock valued at $92,000 after buying an additional 3,332 shares during the last quarter. Finally, Summit Securities Group LLC bought a new stake in Vishay Intertechnology in the first quarter valued at about $126,000. 93.66% of the stock is owned by institutional investors.

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.