Vishay Intertechnology, Inc. (NYSE:VSH) Given Average Recommendation of “Hold” by Brokerages

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) have earned a consensus rating of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $33.25.

Several research firms have recently weighed in on VSH. Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Needham & Company LLC assumed coverage on shares of Vishay Intertechnology in a research note on Tuesday, August 4th. They issued a “buy” rating and a $45.00 price target on the stock. Raymond James Financial began coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 price target for the company. Zacks Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Finally, Bank of America raised their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a report on Thursday, May 14th.

Vishay Intertechnology Trading Down 0.2%

Shares of NYSE VSH opened at $30.50 on Monday. Vishay Intertechnology has a twelve month low of $11.77 and a twelve month high of $69.47. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of 160.53 and a beta of 1.81. The company has a quick ratio of 1.27, a current ratio of 1.80 and a debt-to-equity ratio of 0.08. The company’s fifty day moving average is $39.84 and its 200-day moving average is $34.16.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.04. The business had revenue of $918.58 million during the quarter, compared to analysts’ expectations of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The firm’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.07) EPS. Equities research analysts predict that Vishay Intertechnology will post 0.86 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.40 dividend on an annualized basis and a yield of 1.3%. Vishay Intertechnology’s dividend payout ratio is 210.53%.

Institutional Trading of Vishay Intertechnology

Hedge funds and other institutional investors have recently made changes to their positions in the business. Carolina Wealth Advisors LLC acquired a new position in shares of Vishay Intertechnology during the 2nd quarter worth approximately $32,000. ProShare Advisors LLC boosted its holdings in shares of Vishay Intertechnology by 3.1% in the 4th quarter. ProShare Advisors LLC now owns 23,569 shares of the semiconductor company’s stock valued at $342,000 after buying an additional 699 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Vishay Intertechnology by 8.2% in the second quarter. GAMMA Investing LLC now owns 9,261 shares of the semiconductor company’s stock valued at $498,000 after buying an additional 702 shares in the last quarter. Rakuten Securities Inc. acquired a new position in Vishay Intertechnology during the second quarter worth $47,000. Finally, Allworth Financial LP bought a new stake in Vishay Intertechnology during the second quarter worth $54,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

About Vishay Intertechnology

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.