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

Vishay Intertechnology, Inc. (NYSE:VSH) saw some unusual options trading on Friday. Stock investors acquired 8,496 call options on the stock. This represents an increase of 56% compared to the typical volume of 5,451 call options.

Institutional Investors Weigh In On Vishay Intertechnology

Institutional investors have recently added to or reduced their stakes in the company. Carolina Wealth Advisors LLC acquired a new position in shares of Vishay Intertechnology during the 2nd quarter valued at $32,000. ProShare Advisors LLC increased its holdings in Vishay Intertechnology by 3.1% in the 4th quarter. ProShare Advisors LLC now owns 23,569 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 699 shares in the last quarter. GAMMA Investing LLC increased its holdings in Vishay Intertechnology by 8.2% in the 2nd quarter. GAMMA Investing LLC now owns 9,261 shares of the semiconductor company’s stock valued at $498,000 after purchasing an additional 702 shares in the last quarter. State of Alaska Department of Revenue raised its position in Vishay Intertechnology by 0.3% in the fourth quarter. State of Alaska Department of Revenue now owns 248,135 shares of the semiconductor company’s stock valued at $3,595,000 after purchasing an additional 743 shares during the period. Finally, Corient Private Wealth LLC raised its position in Vishay Intertechnology by 7.4% in the second quarter. Corient Private Wealth LLC now owns 18,598 shares of the semiconductor company’s stock valued at $295,000 after purchasing an additional 1,288 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on VSH shares. Wall Street Zen lowered Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Bank of America lifted their price objective on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. 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 research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $24.00.

Vishay Intertechnology Stock Performance

Shares of VSH stock opened at $37.71 on Friday. Vishay Intertechnology has a one year low of $11.77 and a one year high of $69.47. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 2.64. The company has a 50 day moving average price of $50.15 and a 200 day moving average price of $30.57. The firm has a market capitalization of $5.13 billion, a price-to-earnings ratio of 3,770.60 and a beta of 1.76.

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

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 18th were issued a $0.10 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a yield of 1.1%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 4,000.00%.

Vishay Intertechnology Company Profile

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.