Investors Buy Large Volume of Vishay Intertechnology Call Options (NYSE:VSH)

Vishay Intertechnology, Inc. (NYSE:VSH) was the recipient of unusually large options trading activity on Tuesday. Stock traders bought 6,168 call options on the company. This is an increase of approximately 2,143% compared to the average volume of 275 call options.

Vishay Intertechnology Trading Up 6.2 %

Shares of VSH stock opened at $18.19 on Wednesday. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 29.34 and a beta of 1.09. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $17.57 and a 200 day moving average price of $20.40. Vishay Intertechnology has a twelve month low of $14.95 and a twelve month high of $24.72.

Vishay Intertechnology (NYSE:VSH) 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 firm had revenue of $735.35 million during the quarter, compared to analysts’ expectations of $748.84 million. During the same period in the previous year, the firm posted $0.60 earnings per share. The firm’s revenue was down 13.9% on a year-over-year basis. Research analysts forecast that Vishay Intertechnology will post 0.55 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd will be given a $0.10 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.40 annualized dividend and a dividend yield of 2.20%. Vishay Intertechnology’s dividend payout ratio is presently 64.52%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on VSH shares. StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, November 19th. TD Cowen reduced their price target on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating on the stock in a report on Thursday, August 8th.

Institutional Investors Weigh In On Vishay Intertechnology

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of Vishay Intertechnology by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company’s stock valued at $338,366,000 after buying an additional 714,275 shares during the period. EntryPoint Capital LLC grew its position in Vishay Intertechnology by 1,366.2% during the first quarter. EntryPoint Capital LLC now owns 1,950 shares of the semiconductor company’s stock valued at $44,000 after acquiring an additional 1,817 shares during the period. BOKF NA acquired a new stake in Vishay Intertechnology during the first quarter worth about $299,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Vishay Intertechnology by 6.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 80,653 shares of the semiconductor company’s stock worth $1,830,000 after purchasing an additional 4,614 shares during the period. Finally, Janus Henderson Group PLC lifted its stake in shares of Vishay Intertechnology by 53.7% in the 1st quarter. Janus Henderson Group PLC now owns 747,269 shares of the semiconductor company’s stock valued at $16,947,000 after purchasing an additional 261,175 shares in the last quarter. 93.66% of the stock is currently owned by hedge funds and other 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.