Vishay Intertechnology, Inc. (NYSE:VSH) Receives Average Recommendation of “Reduce” from Analysts

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) have received a consensus recommendation of “Reduce” from the five ratings firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $18.00.

VSH has been the subject of a number of research analyst reports. Bank of America upped their price objective on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a research report on Thursday, January 22nd. Weiss Ratings restated a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, January 21st. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. lifted their price objective on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Finally, Zacks Research lowered Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research note on Monday, February 9th.

Institutional Trading of Vishay Intertechnology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VSH. Allianz Asset Management GmbH grew its position in Vishay Intertechnology by 32.8% during the 2nd quarter. Allianz Asset Management GmbH now owns 1,172,466 shares of the semiconductor company’s stock worth $18,619,000 after acquiring an additional 289,334 shares during the last quarter. State of Alaska Department of Revenue raised its position in Vishay Intertechnology by 25.6% in the 3rd quarter. State of Alaska Department of Revenue now owns 247,392 shares of the semiconductor company’s stock valued at $3,784,000 after purchasing an additional 50,467 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in Vishay Intertechnology in the 3rd quarter valued at $1,911,000. Live Oak Private Wealth LLC boosted its stake in Vishay Intertechnology by 45.7% in the third quarter. Live Oak Private Wealth LLC now owns 442,758 shares of the semiconductor company’s stock worth $6,774,000 after purchasing an additional 138,965 shares in the last quarter. Finally, Atria Investments Inc grew its holdings in shares of Vishay Intertechnology by 21.0% during the second quarter. Atria Investments Inc now owns 25,478 shares of the semiconductor company’s stock worth $405,000 after purchasing an additional 4,423 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Down 1.0%

Shares of VSH stock opened at $18.70 on Wednesday. Vishay Intertechnology has a 12 month low of $10.35 and a 12 month high of $22.00. The company has a quick ratio of 1.57, a current ratio of 2.62 and a debt-to-equity ratio of 0.46. The firm has a market cap of $2.54 billion, a PE ratio of -267.10 and a beta of 1.14. The stock has a 50 day moving average of $17.21 and a 200-day moving average of $15.88.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.01). The company had revenue of $800.92 million during the quarter, compared to analyst estimates of $790.47 million. Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, equities analysts predict that Vishay Intertechnology will post 0.53 EPS for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, March 12th. Vishay Intertechnology’s payout ratio is -571.43%.

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.