StockNews.com Upgrades Vishay Precision Group (NYSE:VPG) to Buy

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

Separately, B. Riley upgraded shares of Vishay Precision Group from a "neutral" rating to a "buy" rating and boosted their target price for the company from $24.50 to $28.50 in a research note on Thursday, February 13th.

Vishay Precision Group Stock Down 3.0 %

VPG traded down $0.79 on Friday, hitting $25.31. The company had a trading volume of 65,130 shares, compared to its average volume of 88,377. Vishay Precision Group has a 52-week low of $20.83 and a 52-week high of $35.54. The stock has a fifty day simple moving average of $23.53 and a 200-day simple moving average of $24.25. 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 firm has a market capitalization of $335.09 million, a P/E ratio of 34.20 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 (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.10). Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. As a group, equities analysts expect that Vishay Precision Group will post 0.9 EPS for the current fiscal year.

Institutional Trading of Vishay Precision Group

A number of large investors have recently made changes to their positions in VPG. Quantbot Technologies LP bought a new position in Vishay Precision Group in the third quarter worth approximately $51,000. Quest Partners LLC purchased a new stake in shares of Vishay Precision Group during the 3rd quarter worth $66,000. SG Americas Securities LLC purchased a new stake in shares of Vishay Precision Group during the third quarter valued at about $146,000. Cubist Systematic Strategies LLC bought a new stake in shares of Vishay Precision Group in the 4th quarter valued at about $184,000. Finally, Wells Fargo & Company MN grew its position in shares of Vishay Precision Group by 32.3% in the 4th quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company's stock worth $189,000 after buying an additional 1,970 shares during the last quarter. 87.61% of the stock is currently owned by institutional investors.

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.