272 Capital LP Sells 317,571 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

272 Capital LP trimmed its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 70.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,654 shares of the scientific and technical instruments company's stock after selling 317,571 shares during the quarter. Vishay Precision Group comprises approximately 4.0% of 272 Capital LP's investment portfolio, making the stock its 4th biggest position. 272 Capital LP owned about 0.99% of Vishay Precision Group worth $3,649,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VPG. Quantbot Technologies LP acquired a new position in shares of Vishay Precision Group in the third quarter valued at approximately $51,000. Quest Partners LLC bought a new position in shares of Vishay Precision Group during the third quarter worth approximately $66,000. SG Americas Securities LLC bought a new position in shares of Vishay Precision Group during the third quarter worth approximately $146,000. Kovack Advisors Inc. acquired a new position in Vishay Precision Group in the 3rd quarter valued at $218,000. Finally, BNP Paribas Financial Markets grew its holdings in shares of Vishay Precision Group by 167.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 11,863 shares of the scientific and technical instruments company's stock worth $307,000 after purchasing an additional 7,432 shares in the last quarter. 87.61% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on the company. B. Riley dropped their price target on Vishay Precision Group from $36.00 to $31.00 and set a "neutral" rating for the company in a research note on Wednesday, August 7th. StockNews.com downgraded shares of Vishay Precision Group from a "buy" rating to a "hold" rating in a research report on Wednesday, November 6th.

Vishay Precision Group Price Performance

Shares of NYSE VPG traded up $0.13 during midday trading on Friday, reaching $22.97. 49,505 shares of the company were exchanged, compared to its average volume of 123,904. The stock has a market cap of $304.12 million, a P/E ratio of 23.20 and a beta of 1.17. Vishay Precision Group, Inc. has a one year low of $20.83 and a one year high of $35.98. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09. The stock's 50-day moving average price is $23.41 and its 200-day moving average price is $27.70.

Vishay Precision Group (NYSE:VPG - Get Free Report) last posted its earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. The business had revenue of $75.73 million for the quarter, compared to the consensus estimate of $73.47 million. Vishay Precision Group had a net margin of 4.13% and a return on equity of 6.24%. During the same period last year, the company earned $0.47 EPS. On average, sell-side analysts anticipate that Vishay Precision Group, Inc. will post 1.06 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.