Vishay Intertechnology (NYSE:VSH) Sees Large Volume Increase – Should You Buy?

Vishay Intertechnology, Inc. (NYSE:VSH) shares saw unusually-high trading volume on Tuesday . Approximately 2,514,240 shares were traded during trading, an increase of 102% from the previous session’s volume of 1,246,336 shares.The stock last traded at $17.98 and had previously closed at $17.13.

Analyst Ratings Changes

VSH has been the topic of a number of research analyst reports. TD Cowen lowered their target price on Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a report on Thursday, August 8th. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Tuesday, November 19th.

Vishay Intertechnology Price Performance

The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 29.40 and a beta of 1.09. The stock has a 50-day moving average of $17.57 and a two-hundred day moving average of $20.40.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The business had revenue of $735.35 million for the quarter, compared to analyst estimates of $748.84 million. During the same quarter in the previous year, the business posted $0.60 earnings per share. The company’s revenue was down 13.9% compared to the same quarter last year. On average, analysts anticipate that Vishay Intertechnology, Inc. will post 0.55 EPS for the current year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd 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 2.18%. The ex-dividend date of this dividend is Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 64.52%.

Institutional Investors Weigh In On Vishay Intertechnology

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. National Bank of Canada FI raised its stake in shares of Vishay Intertechnology by 3.4% during the 2nd quarter. National Bank of Canada FI now owns 19,835 shares of the semiconductor company’s stock worth $432,000 after purchasing an additional 650 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its stake in shares of Vishay Intertechnology by 173.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 868 shares in the last quarter. Natixis Advisors LLC raised its stake in shares of Vishay Intertechnology by 2.4% in the 2nd quarter. Natixis Advisors LLC now owns 45,403 shares of the semiconductor company’s stock valued at $1,012,000 after acquiring an additional 1,057 shares in the last quarter. Cascade Investment Advisors Inc. raised its stake in shares of Vishay Intertechnology by 2.2% in the 3rd quarter. Cascade Investment Advisors Inc. now owns 60,450 shares of the semiconductor company’s stock valued at $1,143,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Matrix Trust Co bought a new position in shares of Vishay Intertechnology in the 3rd quarter valued at approximately $25,000. 93.66% of the stock is owned by hedge funds and other institutional investors.

Vishay Intertechnology Company Profile

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.