Wedge Capital Management L L P NC boosted its holdings in shares of Vishay Precision Group Inc (NYSE:VPG) by 20.6% during the fourth quarter, HoldingsChannel reports. The firm owned 41,000 shares of the scientific and technical instruments company’s stock after purchasing an additional 7,000 shares during the period. Wedge Capital Management L L P NC’s holdings in Vishay Precision Group were worth $1,031,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VPG. Lord Abbett & CO. LLC boosted its position in Vishay Precision Group by 35.1% during the second quarter. Lord Abbett & CO. LLC now owns 235,653 shares of the scientific and technical instruments company’s stock worth $4,077,000 after purchasing an additional 61,170 shares in the last quarter. Algert Global LLC boosted its position in Vishay Precision Group by 139.5% during the third quarter. Algert Global LLC now owns 72,009 shares of the scientific and technical instruments company’s stock worth $1,757,000 after purchasing an additional 41,942 shares in the last quarter. EAM Investors LLC purchased a new position in Vishay Precision Group during the third quarter worth approximately $859,000. Acadian Asset Management LLC boosted its position in Vishay Precision Group by 176.8% during the fourth quarter. Acadian Asset Management LLC now owns 47,604 shares of the scientific and technical instruments company’s stock worth $1,199,000 after purchasing an additional 30,403 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in Vishay Precision Group by 23.3% during the second quarter. Royal Bank of Canada now owns 132,541 shares of the scientific and technical instruments company’s stock worth $2,293,000 after purchasing an additional 25,065 shares in the last quarter. Institutional investors own 80.07% of the company’s stock.

A number of brokerages have issued reports on VPG. ValuEngine downgraded Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. B. Riley increased their price target on Vishay Precision Group from $23.00 to $31.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th.

Vishay Precision Group Inc (NYSE:VPG) opened at $25.70 on Thursday. The stock has a market capitalization of $348.89, a P/E ratio of 26.77, a price-to-earnings-growth ratio of 1.12 and a beta of 1.01. The company has a current ratio of 3.92, a quick ratio of 2.65 and a debt-to-equity ratio of 0.16. Vishay Precision Group Inc has a 1 year low of $15.10 and a 1 year high of $28.60.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings results on Tuesday, November 7th. The scientific and technical instruments company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.01. The company had revenue of $62.80 million for the quarter, compared to the consensus estimate of $60.88 million. Vishay Precision Group had a return on equity of 7.52% and a net margin of 5.35%. Vishay Precision Group’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.21 earnings per share. equities analysts forecast that Vishay Precision Group Inc will post 1.04 EPS for the current fiscal year.

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Vishay Precision Group Profile

Vishay Precision Group, Inc (VPG) is a designer, manufacturer and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.

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Institutional Ownership by Quarter for Vishay Precision Group (NYSE:VPG)

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