Vanguard Group Inc. Sells 24,075 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Vanguard Group Inc. decreased its position in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 2.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 902,777 shares of the scientific and technical instruments company's stock after selling 24,075 shares during the period. Vanguard Group Inc. owned about 6.82% of Vishay Precision Group worth $21,188,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Tidal Investments LLC raised its stake in shares of 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 valued at $301,000 after purchasing an additional 514 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Vishay Precision Group by 2.9% in the 3rd 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 period. Quantbot Technologies LP lifted its holdings in shares of Vishay Precision Group by 77.9% during the 4th quarter. Quantbot Technologies LP now owns 3,515 shares of the scientific and technical instruments company's stock worth $82,000 after acquiring an additional 1,539 shares during the period. Kovack Advisors Inc. lifted its holdings in shares of Vishay Precision Group by 23.2% during the 4th quarter. Kovack Advisors Inc. now owns 10,371 shares of the scientific and technical instruments company's stock worth $243,000 after acquiring an additional 1,950 shares during the period. Finally, Victory Capital Management Inc. boosted its position in shares of Vishay Precision Group by 3.9% during the 4th quarter. Victory Capital Management Inc. now owns 75,073 shares of the scientific and technical instruments company's stock valued at $1,762,000 after acquiring an additional 2,825 shares in the last quarter. Institutional investors and hedge funds own 87.61% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on VPG. B. Riley upgraded shares of Vishay Precision Group from a "neutral" rating to a "buy" rating and raised their price target for the stock from $24.50 to $28.50 in a research note on Thursday, February 13th. StockNews.com downgraded Vishay Precision Group from a "buy" rating to a "hold" rating in a research report on Saturday, March 29th.

Vishay Precision Group Price Performance

Shares of VPG traded up $0.04 during trading hours on Friday, hitting $20.39. The stock had a trading volume of 118,714 shares, compared to its average volume of 92,893. The stock has a market capitalization of $270.24 million, a price-to-earnings ratio of 27.55 and a beta of 0.91. 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 company's fifty day moving average is $22.81 and its two-hundred day moving average is $23.14. 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 (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.10). Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. On average, analysts anticipate that Vishay Precision Group, Inc. will post 0.9 EPS for the current 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.