Vishay Intertechnology (NYSE:VSH) Coverage Initiated at JPMorgan Chase & Co.

JPMorgan Chase & Co. began coverage on shares of Vishay Intertechnology (NYSE:VSH - Free Report) in a report issued on Monday morning, Marketbeat reports. The firm issued a neutral rating and a $19.00 price objective on the semiconductor company's stock.

Separately, StockNews.com upgraded shares of Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Thursday, December 5th.

Vishay Intertechnology Price Performance

Shares of VSH stock traded down $0.07 on Monday, hitting $17.74. 2,634,554 shares of the stock traded hands, compared to its average volume of 1,349,470. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 28.73 and a beta of 1.12. 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 firm has a 50 day simple moving average of $17.57 and a two-hundred day simple moving average of $19.90. Vishay Intertechnology has a 52 week low of $14.95 and a 52 week high of $24.68.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 EPS 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 analysts' expectations of $748.84 million. During the same period last year, the firm posted $0.60 EPS. Vishay Intertechnology's quarterly revenue was down 13.9% compared to the same quarter last year. As a group, equities research analysts predict that Vishay Intertechnology will post 0.55 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.40 annualized dividend and a yield of 2.25%. Vishay Intertechnology's payout ratio is 64.52%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Matrix Trust Co bought a new position in Vishay Intertechnology in the 3rd quarter valued at $25,000. nVerses Capital LLC bought a new stake in Vishay Intertechnology during the 2nd quarter valued at about $45,000. Northwestern Mutual Wealth Management Co. grew its stake in Vishay Intertechnology by 11,136.8% in the 2nd 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 in the last quarter. Adirondack Trust Co. increased its position in shares of Vishay Intertechnology by 71.4% during the third quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company's stock worth $91,000 after acquiring an additional 2,000 shares during the period. Finally, Innealta Capital LLC purchased a new stake in shares of Vishay Intertechnology in the second quarter valued at approximately $111,000. Institutional investors own 93.66% of the company's stock.

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.