Vishay Intertechnology Sees Unusually High Options Volume (NYSE:VSH)

Vishay Intertechnology, Inc. (NYSE:VSH) was the target of unusually large options trading activity on Tuesday. Stock traders acquired 7,463 call options on the stock. This represents an increase of 67% compared to the typical daily volume of 4,482 call options.

Wall Street Analyst Weigh In

Several research analysts have weighed in on VSH shares. Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Wall Street Zen downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Bank of America upped their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a report on Thursday, May 14th. Finally, Weiss Ratings upgraded Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vishay Intertechnology currently has an average rating of “Moderate Buy” and a consensus price target of $24.00.

Vishay Intertechnology Stock Down 4.7%

NYSE VSH opened at $51.25 on Thursday. 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 has a 1 year low of $11.77 and a 1 year high of $69.47. The stock has a market capitalization of $6.98 billion, a PE ratio of 5,124.60 and a beta of 1.76. The business’s 50-day moving average is $47.03 and its 200 day moving average is $28.36.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The company had revenue of $839.24 million during the quarter, compared to the consensus estimate of $823.54 million. During the same quarter in the prior year, the company earned ($0.03) earnings per share. The firm’s revenue for the quarter was up 17.3% on a year-over-year basis. Sell-side analysts forecast that Vishay Intertechnology will post 0.75 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.10 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a yield of 0.8%. Vishay Intertechnology’s payout ratio is presently 4,000.00%.

Hedge Funds Weigh In On Vishay Intertechnology

Several institutional investors and hedge funds have recently modified their holdings of VSH. T. Rowe Price Investment Management Inc. purchased a new stake in Vishay Intertechnology during the 4th quarter valued at about $25,009,000. Woodline Partners LP raised its holdings in Vishay Intertechnology by 25.3% in the third quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock worth $104,251,000 after buying an additional 1,377,356 shares during the last quarter. Jain Global LLC raised its holdings in Vishay Intertechnology by 841.5% in the fourth quarter. Jain Global LLC now owns 910,143 shares of the semiconductor company’s stock worth $13,188,000 after buying an additional 813,472 shares during the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Vishay Intertechnology in the third quarter worth approximately $12,306,000. Finally, Two Sigma Investments LP lifted its stake in shares of Vishay Intertechnology by 1,440.5% in the third quarter. Two Sigma Investments LP now owns 844,508 shares of the semiconductor company’s stock worth $12,921,000 after buying an additional 789,686 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors.

About Vishay Intertechnology

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.