Renaissance Technologies LLC Sells 21,100 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Renaissance Technologies LLC reduced its stake in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 537,073 shares of the scientific and technical instruments company's stock after selling 21,100 shares during the quarter. Renaissance Technologies LLC owned about 4.06% of Vishay Precision Group worth $12,605,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP boosted its position 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 valued at $82,000 after purchasing an additional 1,539 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Vishay Precision Group by 32.3% during the 4th quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company's stock worth $189,000 after buying an additional 1,970 shares during the period. EMC Capital Management increased its stake in shares of Vishay Precision Group by 577.8% in the 4th quarter. EMC Capital Management now owns 9,069 shares of the scientific and technical instruments company's stock valued at $213,000 after acquiring an additional 7,731 shares in the last quarter. EntryPoint Capital LLC lifted its position in shares of Vishay Precision Group by 22.0% during the 4th quarter. EntryPoint Capital LLC now owns 9,596 shares of the scientific and technical instruments company's stock valued at $225,000 after acquiring an additional 1,730 shares during the period. Finally, Kovack Advisors Inc. boosted its stake in Vishay Precision Group by 23.2% during the fourth 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 in the last quarter. 87.61% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. StockNews.com lowered Vishay Precision Group from a "buy" rating to a "hold" rating in a report on Saturday, March 29th. B. Riley upgraded Vishay Precision Group from a "neutral" rating to a "buy" rating and increased their target price for the stock from $24.50 to $28.50 in a report on Thursday, February 13th.

Vishay Precision Group Stock Performance

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 93,017. Vishay Precision Group, Inc. has a 1 year low of $18.57 and a 1 year high of $35.11. The company's fifty day simple moving average is $22.74 and its 200 day simple moving average is $23.11. The stock has a market cap of $270.24 million, a PE ratio of 27.55 and a beta of 0.91. 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 (NYSE:VPG - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS 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%. Equities analysts anticipate that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current 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.