Vishay Intertechnology Target of Unusually High Options Trading (NYSE:VSH)

Vishay Intertechnology, Inc. (NYSE:VSH) saw unusually large options trading on Friday. Traders acquired 8,496 call options on the stock. This represents an increase of approximately 56% compared to the average volume of 5,451 call options.

Analysts Set New Price Targets

A number of research analysts recently weighed in on VSH shares. Bank of America raised their price objective on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. Weiss Ratings raised Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Wall Street Zen cut Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Finally, Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

Vishay Intertechnology Trading Up 3.5%

Shares of NYSE VSH opened at $37.71 on Friday. The firm’s 50 day moving average price is $50.15 and its 200-day moving average price is $30.57. The company has a market cap of $5.13 billion, a PE ratio of 3,770.60 and a beta of 1.76. Vishay Intertechnology has a 52-week low of $11.77 and a 52-week high of $69.47. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 2.64.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The firm had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The business’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.03) earnings per share. On average, equities research analysts expect that Vishay Intertechnology will post 0.75 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 4,000.00%.

Institutional Trading of Vishay Intertechnology

Institutional investors and hedge funds have recently modified their holdings of the business. Rockefeller Capital Management L.P. lifted its holdings in shares of Vishay Intertechnology by 212.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 1,402 shares in the last quarter. Carolina Wealth Advisors LLC bought a new stake in Vishay Intertechnology in the 2nd quarter worth about $32,000. Quarry LP bought a new stake in Vishay Intertechnology in the 3rd quarter worth about $39,000. Empowered Funds LLC purchased a new position in Vishay Intertechnology in the 4th quarter worth about $57,000. Finally, Hantz Financial Services Inc. raised its position in Vishay Intertechnology by 255.8% in the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock worth $74,000 after buying an additional 3,684 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.