Vishay Precision Group, Inc. (NYSE:VPG) Stock Position Lowered by Harvey Partners LLC

Harvey Partners LLC lessened its stake in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 20.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 399,000 shares of the scientific and technical instruments company's stock after selling 104,500 shares during the quarter. Harvey Partners LLC owned approximately 3.01% of Vishay Precision Group worth $10,334,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Quest Partners LLC acquired a new stake in shares of Vishay Precision Group in the 3rd quarter valued at about $66,000. Victory Capital Management Inc. grew its position in shares of Vishay Precision Group by 2.5% during the 3rd quarter. Victory Capital Management Inc. now owns 72,248 shares of the scientific and technical instruments company's stock valued at $1,871,000 after buying an additional 1,743 shares during the last quarter. Annex Advisory Services LLC grew its position in shares of Vishay Precision Group by 14.6% during the 2nd quarter. Annex Advisory Services LLC now owns 15,230 shares of the scientific and technical instruments company's stock valued at $464,000 after buying an additional 1,945 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Vishay Precision Group by 3.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,102 shares of the scientific and technical instruments company's stock worth $711,000 after purchasing an additional 598 shares during the last quarter. Finally, Acadian Asset Management LLC grew its position in Vishay Precision Group by 6.1% in the 2nd quarter. Acadian Asset Management LLC now owns 199,094 shares of the scientific and technical instruments company's stock worth $6,059,000 after purchasing an additional 11,438 shares during the last quarter. Institutional investors and hedge funds own 87.61% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. B. Riley decreased their target price on shares of Vishay Precision Group from $36.00 to $31.00 and set a "neutral" rating for the company in a research report on Wednesday, August 7th. StockNews.com cut shares of Vishay Precision Group from a "buy" rating to a "hold" rating in a research report on Wednesday, November 6th.

Vishay Precision Group Price Performance

Shares of Vishay Precision Group stock traded up $0.52 on Tuesday, hitting $24.12. The company had a trading volume of 413,961 shares, compared to its average volume of 69,481. The business has a 50-day simple moving average of $23.41 and a 200-day simple moving average of $27.60. 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 has a market cap of $319.35 million, a PE ratio of 24.40 and a beta of 1.16. Vishay Precision Group, Inc. has a 52 week low of $20.83 and a 52 week high of $35.98.

Vishay Precision Group (NYSE:VPG - Get Free Report) last posted 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 business had revenue of $75.73 million during the quarter, compared to analysts' expectations 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 firm posted $0.47 earnings per share. 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.