Vishay Precision Group, Inc. (NYSE:VPG) Stock Position Trimmed by 272 Capital LP

272 Capital LP cut its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 44.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 247,501 shares of the scientific and technical instruments company’s stock after selling 200,724 shares during the quarter. Vishay Precision Group comprises approximately 3.3% of 272 Capital LP’s portfolio, making the stock its 6th biggest holding. 272 Capital LP’s holdings in Vishay Precision Group were worth $6,410,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. FMR LLC raised its holdings in shares of Vishay Precision Group by 51.3% in the 3rd quarter. FMR LLC now owns 802,256 shares of the scientific and technical instruments company’s stock worth $20,778,000 after purchasing an additional 271,974 shares during the period. Quest Partners LLC purchased a new position in shares of Vishay Precision Group in the 3rd quarter worth about $66,000. Victory Capital Management Inc. raised its holdings in shares of Vishay Precision Group by 2.5% in the 3rd quarter. Victory Capital Management Inc. now owns 72,248 shares of the scientific and technical instruments company’s stock worth $1,871,000 after purchasing an additional 1,743 shares during the period. Acadian Asset Management LLC raised its holdings in shares of Vishay Precision Group by 6.1% in the 2nd quarter. Acadian Asset Management LLC now owns 199,094 shares of the scientific and technical instruments company’s stock worth $6,059,000 after purchasing an additional 11,438 shares during the period. Finally, Annex Advisory Services LLC raised its holdings in shares of Vishay Precision Group by 142.3% in the 3rd quarter. Annex Advisory Services LLC now owns 36,908 shares of the scientific and technical instruments company’s stock worth $956,000 after purchasing an additional 21,678 shares during the period. 87.61% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Precision Group Price Performance

VPG stock opened at $24.58 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41. Vishay Precision Group, Inc. has a 1 year low of $20.83 and a 1 year high of $35.98. The firm has a market cap of $325.44 million, a P/E ratio of 24.83 and a beta of 1.16. The stock has a 50-day simple moving average of $23.30 and a 200-day simple moving average of $27.20.

Vishay Precision Group (NYSE:VPG) last posted its earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. The business had revenue of $75.73 million during the quarter, compared to analyst estimates of $73.47 million. During the same quarter last year, the firm earned $0.47 earnings per share. On average, equities analysts predict that Vishay Precision Group, Inc. will post 1.06 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Tuesday, December 3rd.

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.