Vishay Intertechnology (NYSE:VSH) Raised to Hold at StockNews.com

StockNews.com upgraded shares of Vishay Intertechnology (NYSE:VSH - Free Report) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning.

Separately, JPMorgan Chase & Co. assumed coverage on Vishay Intertechnology in a report on Monday, December 16th. They issued a "neutral" rating and a $19.00 target price on the stock.

Vishay Intertechnology Price Performance

VSH stock traded down $0.34 during midday trading on Tuesday, reaching $16.88. 12,185,907 shares of the stock were exchanged, compared to its average volume of 1,508,930. The company has a fifty day moving average price of $17.25 and a 200 day moving average price of $17.53. Vishay Intertechnology has a 52 week low of $14.95 and a 52 week high of $24.69. The stock has a market capitalization of $2.29 billion, a PE ratio of -70.31 and a beta of 1.13. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 2.37%. Vishay Intertechnology's dividend payout ratio is currently -166.67%.

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Insider Buying and Selling

In other news, Chairman Marc Zandman sold 27,176 shares of the company's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total value of $458,730.88. Following the completion of the sale, the chairman now owns 76,468 shares in the company, valued at $1,290,779.84. This represents a 26.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 8.14% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VSH. Atria Investments Inc boosted its stake in Vishay Intertechnology by 3.2% in the 4th quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company's stock worth $318,000 after purchasing an additional 590 shares during the period. Coldstream Capital Management Inc. lifted its stake in shares of Vishay Intertechnology by 6.4% in the 4th quarter. Coldstream Capital Management Inc. now owns 11,090 shares of the semiconductor company's stock valued at $188,000 after acquiring an additional 663 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Vishay Intertechnology by 3.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company's stock valued at $339,000 after buying an additional 714 shares during the period. Somerset Trust Co grew its position in shares of Vishay Intertechnology by 10.4% in the 4th quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company's stock worth $208,000 after buying an additional 1,152 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Vishay Intertechnology by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 104,986 shares of the semiconductor company's stock valued at $1,778,000 after buying an additional 1,767 shares during the period. 93.66% of the stock is owned by 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.