Vishay Intertechnology (NYSE:VSH) Upgraded to “Hold” at StockNews.com

StockNews.com upgraded shares of Vishay Intertechnology (NYSE:VSH) from a sell rating to a hold rating in a research note published on Thursday.

Separately, JPMorgan Chase & Co. started coverage on shares of Vishay Intertechnology in a research note on Monday, December 16th. They issued a “neutral” rating and a $19.00 price target for the company.

Vishay Intertechnology Stock Performance

NYSE:VSH opened at $16.81 on Thursday. Vishay Intertechnology has a 1-year low of $14.95 and a 1-year high of $24.68. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. The business has a 50 day moving average of $17.24 and a 200 day moving average of $17.87. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of -70.03 and a beta of 1.13.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio is -166.67%.

Insider Transactions at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 20,359 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total transaction of $340,198.89. Following the completion of the transaction, the chairman now owns 32,957 shares of the company’s stock, valued at $550,711.47. This trade represents a 38.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 8.14% of the company’s stock.

Institutional Investors Weigh In On Vishay Intertechnology

A number of institutional investors have recently modified their holdings of the stock. Wealthfront Advisers LLC bought a new position in Vishay Intertechnology in the 4th quarter worth about $38,000. Blue Trust Inc. lifted its stake in shares of Vishay Intertechnology by 275.9% in the fourth quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock worth $46,000 after buying an additional 1,989 shares in the last quarter. Sterling Capital Management LLC lifted its stake in shares of Vishay Intertechnology by 819.2% in the fourth quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company’s stock worth $67,000 after buying an additional 3,547 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Vishay Intertechnology by 351.1% during the fourth quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock valued at $74,000 after buying an additional 3,406 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new stake in shares of Vishay Intertechnology during the third quarter valued at approximately $101,000. 93.66% of the stock is owned by hedge funds and other institutional investors.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.