Vishay Precision Group (NYSE:VPG) Cut to Hold at StockNews.com

Vishay Precision Group (NYSE:VPG - Get Free Report) was downgraded by investment analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued on Thursday.

Separately, B. Riley raised shares of Vishay Precision Group from a "neutral" rating to a "buy" rating and raised their price target for the stock from $24.50 to $28.50 in a research report on Thursday.

Vishay Precision Group Stock Up 0.1 %

NYSE VPG traded up $0.03 on Thursday, reaching $24.91. The company had a trading volume of 126,425 shares, compared to its average volume of 74,535. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 2.80. Vishay Precision Group has a 1 year low of $20.83 and a 1 year high of $35.98. The firm has a 50-day moving average of $23.40 and a 200-day moving average of $24.32. The firm has a market capitalization of $329.72 million, a PE ratio of 25.16 and a beta of 1.15.

Vishay Precision Group (NYSE:VPG - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.10). Vishay Precision Group had a net margin of 4.13% and a return on equity of 6.24%. On average, equities research analysts anticipate that Vishay Precision Group will post 1.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of VPG. Quantbot Technologies LP bought a new position in shares of Vishay Precision Group during the third quarter valued at approximately $51,000. Quest Partners LLC bought a new stake in shares of Vishay Precision Group during the third quarter valued at about $66,000. SG Americas Securities LLC bought a new stake in shares of Vishay Precision Group during the 3rd quarter worth about $146,000. Cubist Systematic Strategies LLC acquired a new stake in Vishay Precision Group in the fourth quarter worth approximately $184,000. Finally, Wells Fargo & Company MN boosted its stake in Vishay Precision Group by 32.3% during the fourth quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company's stock valued at $189,000 after buying an additional 1,970 shares in the last quarter. Institutional investors own 87.61% of the company's stock.

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.