Foundry Partners LLC Buys 48,570 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Foundry Partners LLC boosted its holdings in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 31.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 205,450 shares of the scientific and technical instruments company's stock after acquiring an additional 48,570 shares during the quarter. Foundry Partners LLC owned 1.55% of Vishay Precision Group worth $4,822,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC acquired a new stake in Vishay Precision Group during the 3rd quarter valued at $1,014,000. FMR LLC increased its stake in shares of Vishay Precision Group by 51.3% in the third quarter. FMR LLC now owns 802,256 shares of the scientific and technical instruments company's stock valued at $20,778,000 after buying an additional 271,974 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Vishay Precision Group by 1,238.1% in the third quarter. JPMorgan Chase & Co. now owns 358,325 shares of the scientific and technical instruments company's stock valued at $9,281,000 after buying an additional 331,547 shares during the last quarter. Barclays PLC lifted its position in Vishay Precision Group by 71.7% during the 3rd quarter. Barclays PLC now owns 34,422 shares of the scientific and technical instruments company's stock worth $890,000 after buying an additional 14,376 shares in the last quarter. Finally, State Street Corp grew its holdings 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 acquiring an additional 9,660 shares during the last quarter. Institutional investors and hedge funds own 87.61% of the company's stock.

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Wall Street Analysts Forecast Growth

Several research firms have issued reports on VPG. B. Riley raised Vishay Precision Group from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $24.50 to $28.50 in a report on Thursday, February 13th. StockNews.com cut Vishay Precision Group from a "buy" rating to a "hold" rating in a report on Saturday, March 29th.

Vishay Precision Group Stock Down 3.1 %

Shares of Vishay Precision Group stock traded down $0.66 during trading on Thursday, reaching $20.77. The stock had a trading volume of 96,844 shares, compared to its average volume of 90,452. 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 company has a market capitalization of $275.29 million, a price-to-earnings ratio of 27.93 and a beta of 0.91. The stock has a fifty day moving average price of $23.20 and a two-hundred day moving average price of $23.31. Vishay Precision Group, Inc. has a 52 week low of $18.57 and a 52 week high of $35.11.

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 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.10). Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. Sell-side analysts predict that Vishay Precision Group, Inc. will post 0.9 EPS for the current fiscal year.

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.