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

Vishay Intertechnology, Inc. (NYSE:VSH) has been given an average rating of “Hold” by the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $33.25.

VSH has been the subject of several research reports. Weiss Ratings raised Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Zacks Research cut shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Raymond James Financial initiated coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 target price for the company. Needham & Company LLC began coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They set a “buy” rating and a $45.00 target price for the company. Finally, Bank of America upped their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a report on Thursday, May 14th.

Institutional Investors Weigh In On Vishay Intertechnology

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada increased its position in Vishay Intertechnology by 26.6% during the first quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company’s stock worth $1,142,000 after buying an additional 15,079 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Vishay Intertechnology by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,123 shares of the semiconductor company’s stock valued at $1,179,000 after acquiring an additional 2,250 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Vishay Intertechnology by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 250,154 shares of the semiconductor company’s stock valued at $3,977,000 after acquiring an additional 12,547 shares in the last quarter. AXA S.A. boosted its stake in shares of Vishay Intertechnology by 13.5% during the second quarter. AXA S.A. now owns 176,254 shares of the semiconductor company’s stock valued at $2,799,000 after acquiring an additional 20,950 shares during the last quarter. Finally, Quantinno Capital Management LP increased its position in Vishay Intertechnology by 132.4% during the 2nd quarter. Quantinno Capital Management LP now owns 52,791 shares of the semiconductor company’s stock worth $838,000 after purchasing an additional 30,075 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $33.58 on Thursday. Vishay Intertechnology has a 1-year low of $11.77 and a 1-year high of $69.47. The company has a market capitalization of $4.57 billion, a P/E ratio of 176.75 and a beta of 1.81. The business has a 50 day moving average price of $46.56 and a 200 day moving average price of $33.08. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. The company had revenue of $918.58 million for the quarter, compared to the consensus estimate of $897.03 million. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%.Vishay Intertechnology’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.07) earnings per share. Sell-side analysts expect that Vishay Intertechnology will post 0.86 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th 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 1.2%. The ex-dividend date of this dividend is Thursday, September 10th. Vishay Intertechnology’s dividend payout ratio (DPR) is 210.53%.

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.