Vishay Intertechnology (NYSE:VSH) Shares Cross Above 200-Day Moving Average – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSH)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.47 and traded as high as $17.29. Vishay Intertechnology shares last traded at $16.5760, with a volume of 2,595,387 shares.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Zacks Research lowered Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. raised their price target on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Argus raised Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. Finally, Bank of America increased their target price on Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Vishay Intertechnology has an average rating of “Reduce” and a consensus target price of $18.00.

Vishay Intertechnology Stock Performance

The stock has a market capitalization of $2.25 billion, a PE ratio of -236.77 and a beta of 1.14. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62. The firm’s 50 day moving average is $18.58 and its two-hundred day moving average is $16.47.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). The business had revenue of $800.92 million during the quarter, compared to analysts’ expectations of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. Vishay Intertechnology’s revenue was up 12.1% on a year-over-year basis. As a group, research analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a $0.10 dividend. The ex-dividend date was Thursday, March 12th. This represents a $0.40 dividend on an annualized basis and a yield of 2.4%. Vishay Intertechnology’s dividend payout ratio (DPR) is -571.43%.

Institutional Investors Weigh In On Vishay Intertechnology

Several large investors have recently bought and sold shares of VSH. Jones Financial Companies Lllp increased its holdings in Vishay Intertechnology by 709.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 1,575 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of Vishay Intertechnology by 212.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 1,402 shares during the period. Quarry LP purchased a new position in shares of Vishay Intertechnology in the 3rd quarter valued at about $39,000. Empowered Funds LLC acquired a new position in shares of Vishay Intertechnology during the fourth quarter worth about $57,000. Finally, Hantz Financial Services Inc. grew its position in shares of Vishay Intertechnology by 255.8% during the fourth quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock worth $74,000 after buying an additional 3,684 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

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.