JPMorgan Chase & Co. Grows Holdings in Vishay Precision Group, Inc. (NYSE:VPG)

JPMorgan Chase & Co. raised its position in shares of Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 1,238.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 358,325 shares of the scientific and technical instruments company's stock after purchasing an additional 331,547 shares during the quarter. JPMorgan Chase & Co. owned 2.71% of Vishay Precision Group worth $9,281,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of VPG. Quantbot Technologies LP purchased a new position in Vishay Precision Group during the 3rd quarter valued at approximately $51,000. Quest Partners LLC bought a new stake in shares of Vishay Precision Group in the 3rd quarter worth about $66,000. SG Americas Securities LLC purchased a new stake in shares of Vishay Precision Group during the 3rd quarter valued at about $146,000. Kovack Advisors Inc. bought a new position in shares of Vishay Precision Group in the 3rd quarter valued at about $218,000. Finally, Tidal Investments LLC grew its position in Vishay Precision Group by 4.6% in the third quarter. Tidal Investments LLC now owns 11,633 shares of the scientific and technical instruments company's stock worth $301,000 after acquiring an additional 514 shares in the last quarter. 87.61% of the stock is owned by hedge funds and other institutional investors.

Vishay Precision Group Stock Up 0.6 %

NYSE VPG traded up $0.14 on Tuesday, reaching $22.59. 27,079 shares of the stock traded hands, compared to its average volume of 75,991. Vishay Precision Group, Inc. has a 12 month low of $20.83 and a 12 month high of $35.98. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41. The company has a fifty day moving average price of $22.97 and a 200-day moving average price of $25.77. The company has a market cap of $299.07 million, a price-to-earnings ratio of 22.82 and a beta of 1.14.

Vishay Precision Group (NYSE:VPG - Get Free Report) last issued its quarterly earnings data 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 period last year, the company posted $0.47 earnings per share. As a group, research analysts forecast that Vishay Precision Group, Inc. will post 1.06 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.