Wellington Management Group LLP Trims Stock Position in Vishay Precision Group, Inc. (NYSE:VPG)

Wellington Management Group LLP lowered its stake in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 70.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,099 shares of the scientific and technical instruments company's stock after selling 345,308 shares during the period. Wellington Management Group LLP owned approximately 1.08% of Vishay Precision Group worth $3,706,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VPG. FMR LLC lifted its stake in 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 worth $20,778,000 after purchasing an additional 271,974 shares during the last quarter. Tieton Capital Management LLC boosted its position in Vishay Precision Group by 228.8% in the 3rd quarter. Tieton Capital Management LLC now owns 152,156 shares of the scientific and technical instruments company's stock valued at $3,941,000 after buying an additional 105,885 shares during the period. American Century Companies Inc. increased its position in shares of Vishay Precision Group by 47.7% during the second quarter. American Century Companies Inc. now owns 192,661 shares of the scientific and technical instruments company's stock worth $5,865,000 after acquiring an additional 62,186 shares during the period. Needham Investment Management LLC raised its stake in shares of Vishay Precision Group by 5.9% during the third quarter. Needham Investment Management LLC now owns 677,500 shares of the scientific and technical instruments company's stock valued at $17,547,000 after acquiring an additional 37,500 shares in the last quarter. Finally, Annex Advisory Services LLC grew its stake in 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 worth $956,000 after purchasing an additional 21,678 shares in the last quarter. Hedge funds and other institutional investors own 87.61% of the company's stock.

Wall Street Analysts Forecast Growth

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

Vishay Precision Group Stock Down 2.6 %

Shares of NYSE:VPG traded down $0.62 during trading on Wednesday, reaching $23.20. The stock had a trading volume of 119,996 shares, compared to its average volume of 70,932. Vishay Precision Group, Inc. has a one year low of $20.83 and a one year high of $35.98. The firm's 50-day simple moving average is $23.28 and its 200 day simple moving average is $26.92. 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 $307.14 million, a P/E ratio of 23.43 and a beta of 1.16.

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 for the quarter, hitting the consensus estimate of $0.19. Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. The firm had revenue of $75.73 million for the quarter, compared to the consensus estimate of $73.47 million. During the same period in the previous year, the business earned $0.47 EPS. As a group, research analysts expect that Vishay Precision Group, Inc. will post 1.06 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.