Inspire Advisors LLC Takes Position in Vishay Precision Group, Inc. (NYSE:VPG)

Inspire Advisors LLC bought a new position in shares of Vishay Precision Group, Inc. (NYSE:VPG) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 12,592 shares of the scientific and technical instruments company’s stock, valued at approximately $326,000. Inspire Advisors LLC owned approximately 0.09% of Vishay Precision Group at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Wellington Management Group LLP lifted its holdings in Vishay Precision Group by 13.5% during the 4th quarter. Wellington Management Group LLP now owns 508,007 shares of the scientific and technical instruments company’s stock worth $17,308,000 after buying an additional 60,509 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in Vishay Precision Group by 6.1% in the second quarter. Acadian Asset Management LLC now owns 199,094 shares of the scientific and technical instruments company’s stock valued at $6,059,000 after purchasing an additional 11,438 shares in the last quarter. American Century Companies Inc. raised its holdings in Vishay Precision Group by 47.7% during the second quarter. American Century Companies Inc. now owns 192,661 shares of the scientific and technical instruments company’s stock worth $5,865,000 after purchasing an additional 62,186 shares in the last quarter. Divisar Capital Management LLC lifted its position in shares of Vishay Precision Group by 2.2% during the 2nd quarter. Divisar Capital Management LLC now owns 176,001 shares of the scientific and technical instruments company’s stock worth $5,357,000 after buying an additional 3,726 shares during the last quarter. Finally, Foundry Partners LLC boosted its holdings in shares of Vishay Precision Group by 11.6% in the 2nd quarter. Foundry Partners LLC now owns 139,785 shares of the scientific and technical instruments company’s stock valued at $4,255,000 after buying an additional 14,585 shares in the last quarter. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on VPG shares. StockNews.com raised shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Tuesday, September 3rd. B. Riley reduced their target price on Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th.

Vishay Precision Group Price Performance

Shares of Vishay Precision Group stock opened at $23.99 on Friday. The stock has a market capitalization of $320.36 million, a price-to-earnings ratio of 13.25 and a beta of 1.16. The firm’s fifty day simple moving average is $25.55 and its 200-day simple moving average is $29.93. Vishay Precision Group, Inc. has a 12 month low of $23.20 and a 12 month high of $35.98.

Vishay Precision Group (NYSE:VPG) last announced its earnings results on Tuesday, August 6th. The scientific and technical instruments company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). Vishay Precision Group had a net margin of 6.30% and a return on equity of 7.49%. The business had revenue of $77.36 million during the quarter, compared to analysts’ expectations of $78.57 million. During the same period in the previous year, the company posted $0.58 earnings per share. Analysts anticipate that Vishay Precision Group, Inc. will post 1.11 earnings per share for the current 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.