Vishay Intertechnology (NYSE:VSH) Sees Large Volume Increase – What’s Next?

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) saw an uptick in trading volume on Tuesday . 2,514,240 shares changed hands 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.

Wall Street Analyst Weigh In

VSH has been the subject of several recent research reports. StockNews.com upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, November 19th. TD Cowen lowered their price objective on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research report on Thursday, August 8th.

Vishay Intertechnology Price Performance

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

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The company had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. During the same period in the prior year, the business earned $0.60 earnings per share. Vishay Intertechnology’s quarterly revenue was down 13.9% on a year-over-year basis. On average, equities research analysts predict that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VSH. Matrix Trust Co acquired a new position in shares of Vishay Intertechnology during the third quarter valued at $25,000. Massmutual Trust Co. FSB ADV increased its holdings in shares of Vishay Intertechnology by 173.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 868 shares during the period. EntryPoint Capital LLC increased its holdings in shares of Vishay Intertechnology by 1,366.2% during the first quarter. EntryPoint Capital LLC now owns 1,950 shares of the semiconductor company’s stock valued at $44,000 after purchasing an additional 1,817 shares during the period. nVerses Capital LLC acquired a new position in shares of Vishay Intertechnology during the second quarter valued at $45,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Vishay Intertechnology by 11,136.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 2,116 shares during the period. 93.66% of the stock is owned by institutional investors and hedge funds.

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.