Royce & Associates LP trimmed its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 8.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 767,872 shares of the scientific and technical instruments company's stock after selling 67,989 shares during the period. Royce & Associates LP owned about 5.79% of Vishay Precision Group worth $19,888,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the business. State Board of Administration of Florida Retirement System acquired a new position in shares of Vishay Precision Group during the 1st quarter valued at $314,000. Acadian Asset Management LLC lifted its stake in shares of Vishay Precision Group by 20.9% during the first quarter. Acadian Asset Management LLC now owns 187,656 shares of the scientific and technical instruments company's stock worth $6,627,000 after purchasing an additional 32,484 shares in the last quarter. Roubaix Capital LLC lifted its stake in shares of Vishay Precision Group by 58.6% during the first quarter. Roubaix Capital LLC now owns 74,203 shares of the scientific and technical instruments company's stock worth $2,622,000 after purchasing an additional 27,413 shares in the last quarter. EntryPoint Capital LLC boosted its position in shares of Vishay Precision Group by 34.2% in the first quarter. EntryPoint Capital LLC now owns 4,111 shares of the scientific and technical instruments company's stock worth $145,000 after buying an additional 1,048 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Vishay Precision Group by 3.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 20,102 shares of the scientific and technical instruments company's stock valued at $711,000 after buying an additional 598 shares in the last quarter. 87.61% of the stock is currently owned by hedge funds and other institutional investors.
Vishay Precision Group Stock Down 1.0 %
Shares of NYSE VPG traded down $0.22 during midday trading on Friday, reaching $21.43. 72,869 shares of the company's stock were exchanged, compared to its average volume of 101,357. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41. Vishay Precision Group, Inc. has a 52-week low of $21.11 and a 52-week high of $35.98. The business's fifty day moving average price is $23.84 and its two-hundred day moving average price is $28.44. The stock has a market capitalization of $284.16 million, a PE ratio of 21.65 and a beta of 1.17.
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, hitting the consensus estimate of $0.19. The company had revenue of $75.73 million for the quarter, compared to the consensus estimate of $73.47 million. Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. During the same period in the previous year, the business earned $0.47 EPS. Analysts forecast that Vishay Precision Group, Inc. will post 1.06 EPS for the current year.
Analysts Set New Price Targets
A number of equities analysts have weighed in on VPG shares. B. Riley decreased their price target on Vishay Precision Group from $36.00 to $31.00 and set a "neutral" rating for the company in a 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.
Read Our Latest Research Report on VPG
About Vishay Precision Group
(
Free Report)
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.
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