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 released on Thursday morning.

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

Vishay Intertechnology Trading Down 2.9 %

Shares of NYSE:VSH traded down $0.49 on Thursday, hitting $16.65. The company had a trading volume of 2,009,319 shares, compared to its average volume of 1,852,083. Vishay Intertechnology has a 1 year low of $14.95 and a 1 year high of $24.68. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of -69.38 and a beta of 1.12. The firm's 50-day simple moving average is $17.24 and its two-hundred day simple moving average is $17.83. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a $0.10 dividend. 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 2.40%. Vishay Intertechnology's dividend payout ratio is presently -166.67%.

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Insider Activity

In other news, Chairman Marc Zandman sold 20,359 shares of Vishay Intertechnology stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total transaction of $340,198.89. Following the transaction, the chairman now directly owns 32,957 shares of the company's stock, valued at $550,711.47. The trade was a 38.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 8.14% of the company's stock.

Institutional Investors Weigh In On Vishay Intertechnology

Institutional investors and hedge funds have recently bought and sold shares of the business. Quantbot Technologies LP increased its position in Vishay Intertechnology by 89.7% in the third quarter. Quantbot Technologies LP now owns 100,864 shares of the semiconductor company's stock worth $1,907,000 after purchasing an additional 47,700 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Vishay Intertechnology by 2.5% in the third quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company's stock worth $50,548,000 after acquiring an additional 66,268 shares during the period. Kovack Advisors Inc. bought a new position in Vishay Intertechnology during the 3rd quarter worth about $788,000. Systematic Financial Management LP increased its position in Vishay Intertechnology by 15.1% during the 3rd quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company's stock valued at $26,253,000 after purchasing an additional 182,212 shares during the period. Finally, Bernzott Capital Advisors raised its holdings in shares of Vishay Intertechnology by 27.9% in the 4th quarter. Bernzott Capital Advisors now owns 363,629 shares of the semiconductor company's stock valued at $6,160,000 after purchasing an additional 79,214 shares in the last quarter. 93.66% of the stock is owned by institutional investors.

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.