Vanguard Group Inc. Grows Stake in Vishay Precision Group, Inc. (NYSE:VPG)

Vanguard Group Inc. increased its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 624,770 shares of the scientific and technical instruments company’s stock after purchasing an additional 7,682 shares during the quarter. Vanguard Group Inc. owned approximately 4.62% of Vishay Precision Group worth $20,980,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its position in shares of Vishay Precision Group by 1.5% during the first quarter. Dimensional Fund Advisors LP now owns 962,766 shares of the scientific and technical instruments company’s stock worth $40,205,000 after purchasing an additional 14,118 shares in the last quarter. BlackRock Inc. grew its position in shares of Vishay Precision Group by 4.2% during the first quarter. BlackRock Inc. now owns 962,486 shares of the scientific and technical instruments company’s stock worth $40,193,000 after purchasing an additional 38,948 shares in the last quarter. B. Riley Asset Management LLC grew its position in shares of Vishay Precision Group by 19.3% during the first quarter. B. Riley Asset Management LLC now owns 455,292 shares of the scientific and technical instruments company’s stock worth $19,013,000 after purchasing an additional 73,500 shares in the last quarter. Wellington Management Group LLP boosted its stake in Vishay Precision Group by 35.3% during the third quarter. Wellington Management Group LLP now owns 447,498 shares of the scientific and technical instruments company’s stock valued at $15,027,000 after buying an additional 116,800 shares during the last quarter. Finally, LSV Asset Management boosted its stake in Vishay Precision Group by 11.7% during the first quarter. LSV Asset Management now owns 327,807 shares of the scientific and technical instruments company’s stock valued at $10,539,000 after buying an additional 34,345 shares during the last quarter. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, TheStreet raised Vishay Precision Group from a “c+” rating to a “b-” rating in a research note on Friday, March 1st.

Vishay Precision Group Price Performance

Shares of Vishay Precision Group stock opened at $33.02 on Friday. The stock has a 50 day moving average of $34.09 and a 200 day moving average of $32.44. Vishay Precision Group, Inc. has a 12 month low of $27.93 and a 12 month high of $41.75. The firm has a market cap of $441.87 million, a PE ratio of 17.56 and a beta of 1.26. The company has a current ratio of 3.94, a quick ratio of 2.51 and a debt-to-equity ratio of 0.10.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Wednesday, February 14th. The scientific and technical instruments company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.25. The company had revenue of $89.53 million during the quarter, compared to analyst estimates of $79.69 million. Vishay Precision Group had a return on equity of 9.19% and a net margin of 7.24%. During the same period in the prior year, the company earned $0.76 earnings per share. On average, research analysts expect that Vishay Precision Group, Inc. will post 1.59 EPS for the current fiscal year.

Vishay Precision Group Company Profile

Vishay Precision Group, Inc designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.