Assenagon Asset Management S.A. Decreases Stock Holdings in Vishay Precision Group, Inc. (NYSE:VPG)

Assenagon Asset Management S.A. decreased its position in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 34.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,347 shares of the scientific and technical instruments company's stock after selling 13,545 shares during the period. Assenagon Asset Management S.A. owned about 0.19% of Vishay Precision Group worth $595,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Algert Global LLC lifted its stake in shares of Vishay Precision Group by 19.6% in the second quarter. Algert Global LLC now owns 15,711 shares of the scientific and technical instruments company's stock valued at $478,000 after purchasing an additional 2,571 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Vishay Precision Group in the third quarter valued at about $146,000. Annex Advisory Services LLC lifted its stake in shares of Vishay Precision Group by 142.3% in the third quarter. Annex Advisory Services LLC now owns 36,908 shares of the scientific and technical instruments company's stock valued at $956,000 after purchasing an additional 21,678 shares during the period. Inspire Advisors LLC acquired a new stake in shares of Vishay Precision Group in the third quarter valued at about $326,000. Finally, Roubaix Capital LLC lifted its stake in shares of Vishay Precision Group by 40.6% in the third quarter. Roubaix Capital LLC now owns 72,335 shares of the scientific and technical instruments company's stock valued at $1,873,000 after purchasing an additional 20,870 shares during the period. Hedge funds and other institutional investors own 87.61% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Vishay Precision Group from a "hold" rating to a "buy" rating in a research report on Tuesday, December 3rd.

Vishay Precision Group Price Performance

VPG traded up $0.07 during midday trading on Friday, reaching $23.48. 41,025 shares of the company's stock were exchanged, compared to its average volume of 67,654. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 2.80. The stock has a market capitalization of $310.88 million, a PE ratio of 23.72 and a beta of 1.14. The business's 50-day moving average price is $23.14 and its 200 day moving average price is $25.38. 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 announced its earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.19. The company had revenue of $75.73 million during the quarter, compared to analysts' expectations 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 quarter in the previous year, the business posted $0.47 earnings per share. As a group, equities analysts anticipate that Vishay Precision Group, Inc. will post 1.06 EPS for the current fiscal 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.