Vishay Intertechnology Inc. (NYSE:VSH)’s share price was down 2.6% during trading on Wednesday . The stock traded as low as $11.77 and last traded at $11.84, with a volume of 617,507 shares changing hands. The stock had previously closed at $12.15.

Separately, Zacks Investment Research downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Wednesday. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The stock has a consensus rating of “Hold” and an average target price of $10.75.

The stock’s market cap is $1.79 billion. The company has a 50 day moving average price of $12.76 and a 200-day moving average price of $11.98.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Tuesday, May 3rd. The company reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.03. The firm earned $571 million during the quarter, compared to analysts’ expectations of $559.16 million. The business’s revenue was down 3.8% on a year-over-year basis. During the same quarter last year, the business earned $0.21 EPS. Analysts anticipate that Vishay Intertechnology Inc. will post $0.85 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. Investors of record on Wednesday, June 15th were paid a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 13th. This represents a $0.25 dividend on an annualized basis and a yield of 2.13%.

A number of institutional investors have recently modified their holdings of the company. Liberty Mutual Group Asset Management Inc. raised its position in shares of Vishay Intertechnology by 46.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 84,321 shares of the company’s stock worth $1,016,000 after buying an additional 26,741 shares during the period. Engineers Gate Manager LP raised its position in shares of Vishay Intertechnology by 14.2% in the fourth quarter. Engineers Gate Manager LP now owns 162,807 shares of the company’s stock worth $1,962,000 after buying an additional 20,218 shares during the period. Retirement Systems of Alabama raised its position in shares of Vishay Intertechnology by 1.3% in the fourth quarter. Retirement Systems of Alabama now owns 174,036 shares of the company’s stock worth $2,097,000 after buying an additional 2,271 shares during the period. Seizert Capital Partners LLC purchased a new position in shares of Vishay Intertechnology during the fourth quarter worth about $2,526,000. Finally, Morgan Stanley raised its position in shares of Vishay Intertechnology by 59.3% in the fourth quarter. Morgan Stanley now owns 210,620 shares of the company’s stock worth $2,538,000 after buying an additional 78,387 shares during the period.

Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five segments. The MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs. The Diodes segment’s products include rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers (SCRs) and power modules.

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