Vishay Intertechnology (NYSE:VSH) Shares Down 7.7% – Time to Sell?

Vishay Intertechnology, Inc. (NYSE:VSH) shares fell 7.7% during trading on Friday . The stock traded as low as $55.10 and last traded at $55.29. 856,465 shares were traded during trading, a decline of 79% from the average daily volume of 4,076,232 shares. The stock had previously closed at $59.91.

Analyst Upgrades and Downgrades

VSH has been the subject of several recent analyst reports. Weiss Ratings upgraded Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Bank of America increased 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. Wall Street Zen downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Finally, Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Two research 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 currently has an average rating of “Moderate Buy” and a consensus price target of $24.00.

Vishay Intertechnology Price Performance

The stock has a market capitalization of $7.56 billion, a P/E ratio of 5,567.60 and a beta of 1.76. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 2.64. The firm has a fifty day moving average price of $44.73 and a two-hundred day moving average price of $27.27.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The company had revenue of $839.24 million during the quarter, compared to analyst estimates of $823.54 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. Vishay Intertechnology’s revenue was up 17.3% compared to the same quarter last year. As a group, analysts expect that Vishay Intertechnology, Inc. will post 0.75 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.40 annualized dividend and a dividend yield of 0.7%. Vishay Intertechnology’s dividend payout ratio is presently 4,000.00%.

Hedge Funds Weigh In On Vishay Intertechnology

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Dana Investment Advisors Inc. raised its stake in Vishay Intertechnology by 30.4% during the 4th quarter. Dana Investment Advisors Inc. now owns 185,302 shares of the semiconductor company’s stock worth $2,685,000 after acquiring an additional 43,149 shares during the period. Bernzott Capital Advisors boosted its position in shares of Vishay Intertechnology by 12.9% in the fourth quarter. Bernzott Capital Advisors now owns 549,780 shares of the semiconductor company’s stock worth $7,966,000 after purchasing an additional 62,753 shares during the period. Tudor Investment Corp ET AL bought a new position in shares of Vishay Intertechnology in the third quarter worth approximately $12,306,000. SG Americas Securities LLC boosted its position in shares of Vishay Intertechnology by 355.0% in the fourth quarter. SG Americas Securities LLC now owns 149,461 shares of the semiconductor company’s stock worth $2,166,000 after purchasing an additional 116,609 shares during the period. Finally, UBS Group AG increased its stake in shares of Vishay Intertechnology by 173.0% in the fourth quarter. UBS Group AG now owns 995,668 shares of the semiconductor company’s stock worth $14,427,000 after purchasing an additional 630,917 shares in the last quarter. Hedge funds and other 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.