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

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) have been given an average rating of “Reduce” by the five brokerages that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $18.00.

A number of equities analysts have issued reports on VSH shares. Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. Bank of America upped their target price on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a report on Thursday, January 22nd. JPMorgan Chase & Co. increased their price target on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Argus raised Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Finally, Zacks Research downgraded Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research note on Monday, February 9th.

Vishay Intertechnology Stock Up 0.6%

Shares of NYSE:VSH opened at $17.25 on Friday. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of -246.38 and a beta of 1.14. Vishay Intertechnology has a 1-year low of $10.35 and a 1-year high of $22.00. The company’s fifty day moving average is $18.42 and its two-hundred day moving average is $16.30. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62.

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

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.40 annualized dividend and a dividend yield of 2.3%. Vishay Intertechnology’s payout ratio is -571.43%.

Hedge Funds Weigh In On Vishay Intertechnology

Several institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp lifted its position in Vishay Intertechnology by 709.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 1,575 shares during the last quarter. Quarry LP bought a new position in Vishay Intertechnology in the 3rd quarter worth about $39,000. Empowered Funds LLC bought a new position in Vishay Intertechnology in the 4th quarter worth about $57,000. Hantz Financial Services Inc. increased its stake in shares of Vishay Intertechnology by 255.8% in the fourth quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 3,684 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of Vishay Intertechnology in the fourth quarter valued at approximately $87,000. 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.