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

JPMorgan Chase & Co. began coverage on shares of Vishay Intertechnology (NYSE:VSH) in a research report report published on Monday, Marketbeat Ratings reports. The brokerage 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 opened at $17.74 on Monday. Vishay Intertechnology has a 12 month low of $14.95 and a 12 month high of $24.68. The company has a market capitalization of $2.41 billion, a P/E ratio of 28.61 and a beta of 1.12. The stock has a 50 day moving average of $17.57 and a two-hundred day moving average of $19.86. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The firm had revenue of $735.35 million during the quarter, compared to analyst estimates of $748.84 million. During the same quarter in the previous year, the company posted $0.60 earnings per share. The business’s revenue for the quarter was down 13.9% compared to the same quarter last year. As a group, equities analysts expect that Vishay Intertechnology will post 0.55 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were paid 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 dividend payout ratio is currently 64.52%.

Institutional Investors Weigh In On Vishay Intertechnology

Several large investors have recently made changes to their positions in the company. Mountaineer Partners Management LLC boosted its position in Vishay Intertechnology by 924.9% in the third quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock valued at $394,161,000 after buying an additional 18,810,325 shares in the last quarter. Deprince Race & Zollo Inc. boosted its holdings in shares of Vishay Intertechnology by 94.0% in the 2nd quarter. Deprince Race & Zollo Inc. now owns 3,129,207 shares of the semiconductor company’s stock worth $69,781,000 after acquiring an additional 1,516,368 shares in the last quarter. Poplar Forest Capital LLC bought a new stake in Vishay Intertechnology during the 2nd quarter worth approximately $21,160,000. Needham Investment Management LLC increased its holdings in Vishay Intertechnology by 39.2% during the 3rd quarter. Needham Investment Management LLC now owns 1,260,000 shares of the semiconductor company’s stock valued at $23,827,000 after purchasing an additional 355,000 shares in the last quarter. Finally, American Century Companies Inc. raised its position in Vishay Intertechnology by 12.7% in the 2nd quarter. American Century Companies Inc. now owns 3,109,768 shares of the semiconductor company’s stock valued at $69,348,000 after purchasing an additional 350,512 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

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.