Azarias Capital Management L.P. Takes Position in Vishay Precision Group, Inc. (NYSE:VPG)

Azarias Capital Management L.P. bought a new stake in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 219,074 shares of the scientific and technical instruments company's stock, valued at approximately $5,142,000. Vishay Precision Group accounts for about 2.3% of Azarias Capital Management L.P.'s investment portfolio, making the stock its 19th biggest holding. Azarias Capital Management L.P. owned about 1.65% of Vishay Precision Group as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of VPG. FMR LLC increased its position in Vishay Precision Group by 51.3% during 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 in the last quarter. Needham Investment Management LLC increased its position in shares of Vishay Precision Group by 5.9% in the third quarter. Needham Investment Management LLC now owns 677,500 shares of the scientific and technical instruments company's stock worth $17,547,000 after acquiring an additional 37,500 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vishay Precision Group by 1,238.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 358,325 shares of the scientific and technical instruments company's stock valued at $9,281,000 after acquiring an additional 331,547 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Vishay Precision Group by 3.7% during the 3rd quarter. Geode Capital Management LLC now owns 319,486 shares of the scientific and technical instruments company's stock valued at $8,276,000 after acquiring an additional 11,391 shares in the last quarter. Finally, State Street Corp boosted its position in Vishay Precision Group by 3.2% during the 3rd quarter. State Street Corp now owns 313,083 shares of the scientific and technical instruments company's stock worth $8,109,000 after purchasing an additional 9,660 shares during the period. Institutional investors and hedge funds own 87.61% of the company's stock.

Vishay Precision Group Stock Up 0.1 %

VPG stock traded up $0.03 during trading on Monday, reaching $24.91. The stock had a trading volume of 126,425 shares, compared to its average volume of 74,535. The company has a current ratio of 4.41, a quick ratio of 2.80 and a debt-to-equity ratio of 0.09. The firm has a fifty day moving average price of $23.40 and a 200 day moving average price of $24.32. The company has a market capitalization of $329.72 million, a P/E ratio of 25.16 and a beta of 1.15. Vishay Precision Group, Inc. has a 1-year low of $20.83 and a 1-year high of $35.98.

Vishay Precision Group (NYSE:VPG - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.10). Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. On average, equities analysts anticipate that Vishay Precision Group, Inc. will post 1.06 earnings per share for the current year.

Analyst Upgrades and Downgrades

VPG has been the topic of a number of recent research reports. B. Riley upgraded Vishay Precision Group from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $24.50 to $28.50 in a research note on Thursday. StockNews.com cut Vishay Precision Group from a "buy" rating to a "hold" rating in a report on Thursday.

About Vishay Precision Group

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.