Vishay Intertechnology (NYSE:VSH) Hits New 1-Year Low – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSH) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $13.50 and last traded at $13.68, with a volume of 985599 shares traded. The stock had previously closed at $15.93.

Analysts Set New Price Targets

Several research analysts have commented on VSH shares. StockNews.com upgraded shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th. JPMorgan Chase & Co. began coverage on Vishay Intertechnology in a research note on Monday, December 16th. They issued a “neutral” rating and a $19.00 price target on the stock.

Vishay Intertechnology Trading Down 4.7 %

The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of -49.46 and a beta of 1.06. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The business’s 50 day moving average price is $17.03 and its two-hundred day moving average price is $17.35.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a yield of 3.37%. Vishay Intertechnology’s dividend payout ratio is currently -166.67%.

Insider Transactions at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 27,176 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total transaction of $458,730.88. Following the sale, the chairman now directly owns 76,468 shares in the company, valued at approximately $1,290,779.84. The trade was a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 8.14% of the company’s stock.

Institutional Investors Weigh In On Vishay Intertechnology

Hedge funds have recently added to or reduced their stakes in the business. Wealthfront Advisers LLC bought a new position in shares of Vishay Intertechnology during the fourth quarter valued at $38,000. Blue Trust Inc. raised its position in Vishay Intertechnology by 275.9% during the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 1,989 shares during the last quarter. Sterling Capital Management LLC lifted its holdings in Vishay Intertechnology by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company’s stock worth $67,000 after buying an additional 3,547 shares during the period. IFP Advisors Inc lifted its holdings in Vishay Intertechnology by 351.1% during the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock worth $74,000 after buying an additional 3,406 shares during the period. Finally, Manchester Capital Management LLC grew its position in shares of Vishay Intertechnology by 526.6% in the 4th quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company’s stock valued at $122,000 after buying an additional 6,030 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

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.