Vishay Precision Group, Inc. (NYSE:VPG) Shares Purchased by Bank of America Corp DE

Bank of America Corp DE boosted its stake in Vishay Precision Group, Inc. (NYSE:VPG) by 22.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 15,474 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,852 shares during the period. Bank of America Corp DE’s holdings in Vishay Precision Group were worth $363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in Vishay Precision Group in the fourth quarter worth $384,000. Price T Rowe Associates Inc. MD increased its position in Vishay Precision Group by 10.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 26,901 shares of the scientific and technical instruments company’s stock worth $632,000 after buying an additional 2,581 shares during the period. Ameriprise Financial Inc. increased its position in Vishay Precision Group by 82.1% in the fourth quarter. Ameriprise Financial Inc. now owns 330,107 shares of the scientific and technical instruments company’s stock worth $7,748,000 after buying an additional 148,802 shares during the period. Tieton Capital Management LLC increased its position in Vishay Precision Group by 59.6% in the fourth quarter. Tieton Capital Management LLC now owns 242,811 shares of the scientific and technical instruments company’s stock worth $5,699,000 after buying an additional 90,655 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Vishay Precision Group by 12.5% in the fourth quarter. American Century Companies Inc. now owns 291,307 shares of the scientific and technical instruments company’s stock worth $6,837,000 after purchasing an additional 32,310 shares in the last quarter. 87.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. B. Riley reissued a “buy” rating on shares of Vishay Precision Group in a report on Wednesday, May 7th. Wall Street Zen lowered Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Saturday, March 29th.

Vishay Precision Group Trading Up 2.9%

Shares of NYSE:VPG opened at $27.18 on Friday. The company has a 50 day moving average of $24.16 and a 200-day moving average of $23.65. The firm has a market cap of $360.33 million, a P/E ratio of 36.73 and a beta of 0.86. Vishay Precision Group, Inc. has a twelve month low of $18.57 and a twelve month high of $35.11. The company has a current ratio of 4.41, a quick ratio of 2.80 and a debt-to-equity ratio of 0.09.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings results on Tuesday, May 6th. The scientific and technical instruments company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). The company had revenue of $71.74 million during the quarter, compared to analyst estimates of $73.04 million. Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. As a group, analysts anticipate that Vishay Precision Group, Inc. will post 0.9 earnings per share 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.