Vishay Intertechnology (NYSE:VSH) Rating Lowered to Sell at StockNews.com

StockNews.com cut shares of Vishay Intertechnology (NYSE:VSH) from a hold rating to a sell rating in a report published on Friday morning.

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

Vishay Intertechnology Trading Up 1.2 %

Shares of NYSE VSH opened at $17.84 on Friday. The company’s fifty day moving average is $17.21 and its 200-day moving average is $17.72. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of -74.31 and a beta of 1.13. Vishay Intertechnology has a twelve month low of $14.95 and a twelve month high of $24.68. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.24%. Vishay Intertechnology’s payout ratio is -166.67%.

Insider Buying and Selling

In related news, Chairman Marc Zandman sold 20,359 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $16.71, for a total transaction of $340,198.89. Following the sale, the chairman now directly owns 32,957 shares in the company, valued at $550,711.47. This trade represents a 38.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 8.14% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Vishay Intertechnology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Vishay Intertechnology in the 4th quarter valued at $887,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Vishay Intertechnology by 15.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 237,607 shares of the semiconductor company’s stock valued at $4,025,000 after buying an additional 32,304 shares during the last quarter. Wolverine Trading LLC acquired a new stake in Vishay Intertechnology in the 4th quarter valued at $171,000. Voloridge Investment Management LLC increased its stake in Vishay Intertechnology by 8.0% in the 4th quarter. Voloridge Investment Management LLC now owns 715,570 shares of the semiconductor company’s stock valued at $12,122,000 after buying an additional 53,235 shares during the last quarter. Finally, Woodline Partners LP increased its stake in Vishay Intertechnology by 148.5% in the 4th quarter. Woodline Partners LP now owns 1,770,791 shares of the semiconductor company’s stock valued at $29,997,000 after buying an additional 1,058,173 shares during the last quarter. 93.66% of the stock is currently 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.