Vishay Precision Group (NYSE:VPG) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Vishay Precision Group (NYSE:VPG - Free Report) from a hold rating to a buy rating in a report released on Friday.

Separately, B. Riley raised shares of Vishay Precision Group from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $24.50 to $28.50 in a report on Thursday, February 13th.

Vishay Precision Group Stock Performance

Shares of NYSE:VPG traded down $0.35 during trading hours on Friday, hitting $23.50. The stock had a trading volume of 83,380 shares, compared to its average volume of 75,517. The stock's fifty day simple moving average is $23.38 and its 200 day simple moving average is $23.47. The firm has a market capitalization of $311.54 million, a price-to-earnings ratio of 31.76 and a beta of 1.08. 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 has a 1-year low of $20.83 and a 1-year high of $35.52.

Vishay Precision Group (NYSE:VPG - Get Free Report) last posted its earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.10). Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. Sell-side analysts anticipate that Vishay Precision Group will post 0.9 earnings per share for the current fiscal year.

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Institutional Investors Weigh In On Vishay Precision Group

A number of institutional investors have recently added to or reduced their stakes in the company. Brooklyn FI LLC bought a new stake in shares of Vishay Precision Group in the 4th quarter worth $409,000. Two Sigma Investments LP raised its position in Vishay Precision Group by 28.4% in the fourth quarter. Two Sigma Investments LP now owns 57,366 shares of the scientific and technical instruments company's stock worth $1,346,000 after acquiring an additional 12,675 shares in the last quarter. Nuveen Asset Management LLC lifted its holdings in Vishay Precision Group by 38.1% in the 4th quarter. Nuveen Asset Management LLC now owns 110,775 shares of the scientific and technical instruments company's stock valued at $2,600,000 after acquiring an additional 30,542 shares during the last quarter. Occudo Quantitative Strategies LP bought a new position in shares of Vishay Precision Group during the 4th quarter valued at about $274,000. Finally, Needham Investment Management LLC grew its stake in shares of Vishay Precision Group by 1.1% in the 4th quarter. Needham Investment Management LLC now owns 685,200 shares of the scientific and technical instruments company's stock worth $16,082,000 after purchasing an additional 7,700 shares during the last quarter. 87.61% of the stock is currently 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.