Vishay Intertechnology (NYSE:VSH) Given Buy Rating at Stifel Nicolaus

Stifel Nicolaus reiterated their buy rating on shares of Vishay Intertechnology (NYSE:VSH - Free Report) in a research report sent to investors on Wednesday, Benzinga reports. The brokerage currently has a $25.00 target price on the semiconductor company's stock.

Vishay Intertechnology Trading Up 1.0 %

Shares of Vishay Intertechnology stock traded up $0.22 during trading hours on Wednesday, reaching $22.20. 1,638,900 shares of the company's stock were exchanged, compared to its average volume of 1,341,620. Vishay Intertechnology has a 52-week low of $20.57 and a 52-week high of $30.10. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of 9.45 and a beta of 1.24. The company has a fifty day moving average of $22.18 and a 200-day moving average of $22.87. The company has a current ratio of 3.32, a quick ratio of 2.38 and a debt-to-equity ratio of 0.37.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly earnings data on Wednesday, February 7th. The semiconductor company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.01. The business had revenue of $785.24 million during the quarter, compared to the consensus estimate of $787.15 million. Vishay Intertechnology had a return on equity of 15.72% and a net margin of 9.52%. The business's revenue for the quarter was down 8.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.69 EPS. Sell-side analysts forecast that Vishay Intertechnology will post 1.1 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 14th were issued a $0.10 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.40 annualized dividend and a yield of 1.80%. Vishay Intertechnology's dividend payout ratio is currently 17.32%.

Insider Activity at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 26,154 shares of the firm's stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $22.83, for a total transaction of $597,095.82. Following the completion of the sale, the chairman now directly owns 73,678 shares in the company, valued at $1,682,068.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.02% of the stock is owned by insiders.

Hedge Funds Weigh In On Vishay Intertechnology

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Vishay Intertechnology by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 14,204,857 shares of the semiconductor company's stock worth $340,490,000 after purchasing an additional 68,418 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Vishay Intertechnology by 6.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 76,039 shares of the semiconductor company's stock worth $1,823,000 after purchasing an additional 4,902 shares during the last quarter. Voloridge Investment Management LLC bought a new position in shares of Vishay Intertechnology during the fourth quarter worth about $352,000. Vident Advisory LLC bought a new position in shares of Vishay Intertechnology during the fourth quarter worth about $357,000. Finally, Mountaineer Partners Management LLC lifted its position in shares of Vishay Intertechnology by 1.3% during the fourth quarter. Mountaineer Partners Management LLC now owns 2,123,668 shares of the semiconductor company's stock worth $50,904,000 after purchasing an additional 28,150 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.