Vishay Precision Group, Inc. (NYSE:VPG) Short Interest Down 17.2% in October

Vishay Precision Group, Inc. (NYSE:VPG - Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 147,000 shares, a decrease of 17.2% from the October 15th total of 177,500 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average trading volume of 76,400 shares, the short-interest ratio is currently 1.9 days.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on VPG. B. Riley reduced 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 note on Wednesday, August 7th. StockNews.com lowered 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 NYSE:VPG traded down $0.19 during trading on Friday, reaching $21.46. The company had a trading volume of 30,902 shares, compared to its average volume of 64,592. The firm's fifty day moving average is $23.91 and its 200 day moving average is $28.56. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41. The firm has a market capitalization of $284.56 million, a PE ratio of 21.87 and a beta of 1.17. Vishay Precision Group has a twelve month low of $21.11 and a twelve month 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 EPS for the quarter, hitting analysts' consensus estimates 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 quarter in the previous year, the business earned $0.47 EPS. On average, equities analysts forecast that Vishay Precision Group will post 1.06 EPS for the current year.

Institutional Trading of Vishay Precision Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Needham Investment Management LLC lifted its holdings 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 purchasing an additional 37,500 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Vishay Precision Group by 167.7% in the third quarter. BNP Paribas Financial Markets now owns 11,863 shares of the scientific and technical instruments company's stock worth $307,000 after buying an additional 7,432 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Vishay Precision Group during the third quarter valued at approximately $51,000. FMR LLC lifted its position in shares of Vishay Precision Group by 51.3% in the 3rd quarter. FMR LLC now owns 802,256 shares of the scientific and technical instruments company's stock valued at $20,778,000 after acquiring an additional 271,974 shares in the last quarter. Finally, Tieton Capital Management LLC boosted its stake 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 worth $3,941,000 after purchasing an additional 105,885 shares during the period. 87.61% of the stock is owned by institutional investors and hedge funds.

Vishay Precision Group Company 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.