Vishay Intertechnology (VSH) Lowered to Strong Sell at ValuEngine

ValuEngine downgraded shares of Vishay Intertechnology (NYSE:VSH) from a sell rating to a strong sell rating in a research report report published on Monday.

A number of other brokerages have also recently issued reports on VSH. Stifel Nicolaus reissued a hold rating and issued a $24.00 price objective on shares of Vishay Intertechnology in a research note on Wednesday, August 8th. Citigroup increased their price objective on shares of Vishay Intertechnology from $28.00 to $30.00 and gave the stock a buy rating in a research note on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. Vishay Intertechnology currently has a consensus rating of Hold and a consensus price target of $25.50.

Shares of NYSE VSH opened at $18.79 on Monday. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.89 and a quick ratio of 3.02. The firm has a market capitalization of $2.93 billion, a PE ratio of 13.14, a PEG ratio of 1.11 and a beta of 1.24. Vishay Intertechnology has a 1 year low of $17.15 and a 1 year high of $26.50.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Tuesday, August 7th. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.06. The firm had revenue of $761.03 million during the quarter, compared to analysts’ expectations of $767.55 million. Vishay Intertechnology had a net margin of 1.84% and a return on equity of 18.51%. As a group, research analysts predict that Vishay Intertechnology will post 2 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 27th. Stockholders of record on Friday, September 14th were paid a $0.085 dividend. The ex-dividend date of this dividend was Thursday, September 13th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.81%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 23.78%.

In other news, Director Thomas C. Wertheimer sold 10,000 shares of the stock in a transaction on Wednesday, September 12th. The shares were sold at an average price of $20.88, for a total value of $208,800.00. Following the completion of the sale, the director now directly owns 51,137 shares of the company’s stock, valued at $1,067,740.56. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 8.07% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new position in shares of Vishay Intertechnology during the second quarter worth $124,000. Itau Unibanco Holding S.A. bought a new position in shares of Vishay Intertechnology during the second quarter worth $174,000. Parametrica Management Ltd bought a new position in shares of Vishay Intertechnology during the second quarter worth $205,000. Element Capital Management LLC bought a new position in shares of Vishay Intertechnology during the first quarter worth $215,000. Finally, Robeco Institutional Asset Management B.V. bought a new position in shares of Vishay Intertechnology during the second quarter worth $240,000. 97.04% of the stock is owned by hedge funds and other institutional investors.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.

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