Fmr LLC Increases Stake in Vishay Precision Group, Inc. (NYSE:VPG)

FMR LLC increased its position in shares of Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 51.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 802,256 shares of the scientific and technical instruments company's stock after buying an additional 271,974 shares during the period. FMR LLC owned 6.05% of Vishay Precision Group worth $20,778,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Tieton Capital Management LLC grew its holdings in Vishay Precision Group by 228.8% in the third quarter. Tieton Capital Management LLC now owns 152,156 shares of the scientific and technical instruments company's stock worth $3,941,000 after purchasing an additional 105,885 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Vishay Precision Group by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 34,912 shares of the scientific and technical instruments company's stock valued at $904,000 after buying an additional 972 shares during the last quarter. Foundry Partners LLC grew its holdings in shares of Vishay Precision Group by 12.2% during the third quarter. Foundry Partners LLC now owns 156,880 shares of the scientific and technical instruments company's stock valued at $4,063,000 after buying an additional 17,095 shares during the last quarter. Quest Partners LLC acquired a new position in shares of Vishay Precision Group during the third quarter valued at about $66,000. Finally, Kovack Advisors Inc. acquired a new position in shares of Vishay Precision Group during the third quarter valued at about $218,000. Institutional investors own 87.61% of the company's stock.

Wall Street Analyst Weigh In

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

Vishay Precision Group Stock Down 0.3 %

Vishay Precision Group stock traded down $0.07 during midday trading on Tuesday, hitting $24.10. 123,852 shares of the stock were exchanged, compared to its average volume of 70,464. The stock has a market capitalization of $319.06 million, a price-to-earnings ratio of 24.34 and a beta of 1.16. 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 52-week low of $20.83 and a 52-week high of $35.98. The business's 50-day moving average price is $23.31 and its 200-day moving average price is $27.23.

Vishay Precision Group (NYSE:VPG - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. The company had revenue of $75.73 million for the quarter, compared to analyst estimates 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 firm posted $0.47 earnings per share. On average, research analysts expect 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.