Vishay Intertechnology (NYSE:VSH) Shares Down 7.5% – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSH)’s stock price fell 7.5% during trading on Monday . The company traded as low as $36.42 and last traded at $35.3330. Approximately 746,079 shares were traded during mid-day trading, a decline of 83% from the average session volume of 4,502,339 shares. The stock had previously closed at $38.21.

Analyst Upgrades and Downgrades

Several analysts have commented on VSH shares. Zacks Research downgraded Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Weiss Ratings raised Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Wall Street Zen cut Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Finally, Bank of America lifted their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Vishay Intertechnology currently has a consensus rating of “Hold” and an average target price of $24.00.

Vishay Intertechnology Stock Performance

The stock’s 50-day moving average is $50.34 and its 200 day moving average is $31.80. The stock has a market cap of $4.45 billion, a price-to-earnings ratio of 3,268.10 and a beta of 1.76. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. The company had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The firm’s quarterly revenue was up 17.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.03) EPS. As a group, analysts predict that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 18th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio is currently 4,000.00%.

Institutional Investors Weigh In On Vishay Intertechnology

A number of hedge funds and other institutional investors have recently bought and sold shares of VSH. Carolina Wealth Advisors LLC acquired a new position in shares of Vishay Intertechnology during the 2nd quarter worth $32,000. FNY Investment Advisers LLC acquired a new position in Vishay Intertechnology during the second quarter worth about $443,000. GAMMA Investing LLC increased its holdings in Vishay Intertechnology by 8.2% in the second quarter. GAMMA Investing LLC now owns 9,261 shares of the semiconductor company’s stock valued at $498,000 after buying an additional 702 shares in the last quarter. Somerset Trust Co acquired a new stake in shares of Vishay Intertechnology during the 2nd quarter valued at approximately $256,000. Finally, NewEdge Advisors LLC boosted its stake in shares of Vishay Intertechnology by 11,394.9% during the 1st quarter. NewEdge Advisors LLC now owns 175,412 shares of the semiconductor company’s stock worth $3,157,000 after acquiring an additional 173,886 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.