Inspire Advisors LLC raised its position in Vishay Precision Group, Inc. (NYSE:VPG – Free Report) by 44.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,200 shares of the scientific and technical instruments company’s stock after buying an additional 5,608 shares during the period. Inspire Advisors LLC owned 0.14% of Vishay Precision Group worth $427,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new position in shares of Vishay Precision Group during the third quarter worth approximately $51,000. Quest Partners LLC bought a new position in Vishay Precision Group in the 3rd quarter worth approximately $66,000. Kovack Advisors Inc. bought a new position in Vishay Precision Group in the 3rd quarter valued at $218,000. EMC Capital Management increased its stake in shares of Vishay Precision Group by 577.8% in the 4th quarter. EMC Capital Management now owns 9,069 shares of the scientific and technical instruments company’s stock valued at $213,000 after buying an additional 7,731 shares during the period. Finally, Tidal Investments LLC raised its position in shares of Vishay Precision Group by 4.6% during the third quarter. Tidal Investments LLC now owns 11,633 shares of the scientific and technical instruments company’s stock worth $301,000 after acquiring an additional 514 shares during the last quarter. 87.61% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on VPG. B. Riley raised Vishay Precision Group from a “neutral” rating to a “buy” rating and upped their price target for the company from $24.50 to $28.50 in a research note on Thursday, February 13th. StockNews.com lowered Vishay Precision Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 1st.
Vishay Precision Group Trading Down 0.2 %
Shares of VPG opened at $22.08 on Thursday. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09. Vishay Precision Group, Inc. has a 12-month low of $20.83 and a 12-month high of $35.52. The firm has a market capitalization of $292.65 million, a PE ratio of 29.83 and a beta of 1.08. The stock’s fifty day simple moving average is $23.43 and its 200-day simple moving average is $23.76.
Vishay Precision Group (NYSE:VPG – Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.10). Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. As a group, research analysts predict that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current year.
Vishay Precision Group 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.
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