Teton Advisors LLC Makes New $963,000 Investment in Vishay Precision Group, Inc. $VPG

Teton Advisors LLC purchased a new stake in Vishay Precision Group, Inc. (NYSE:VPG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 30,035 shares of the scientific and technical instruments company’s stock, valued at approximately $963,000. Teton Advisors LLC owned 0.23% of Vishay Precision Group as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. First Eagle Investment Management LLC raised its stake in shares of Vishay Precision Group by 10.5% in the third quarter. First Eagle Investment Management LLC now owns 247,192 shares of the scientific and technical instruments company’s stock valued at $7,923,000 after acquiring an additional 23,550 shares in the last quarter. Handelsbanken Fonder AB grew its stake in Vishay Precision Group by 1,456.2% during the 3rd quarter. Handelsbanken Fonder AB now owns 141,070 shares of the scientific and technical instruments company’s stock worth $4,521,000 after purchasing an additional 132,005 shares in the last quarter. Vanguard Group Inc. increased its holdings in Vishay Precision Group by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 937,553 shares of the scientific and technical instruments company’s stock worth $30,049,000 after purchasing an additional 24,235 shares during the period. Bastion Asset Management Inc. purchased a new stake in Vishay Precision Group during the 3rd quarter worth about $4,904,000. Finally, State of Wyoming raised its position in Vishay Precision Group by 459.5% in the 3rd quarter. State of Wyoming now owns 16,008 shares of the scientific and technical instruments company’s stock valued at $513,000 after purchasing an additional 13,147 shares in the last quarter. Institutional investors and hedge funds own 87.61% of the company’s stock.

Vishay Precision Group Stock Down 3.8%

Shares of NYSE VPG opened at $43.26 on Friday. The business has a 50-day moving average price of $45.53 and a 200 day moving average price of $37.77. The stock has a market cap of $574.49 million, a PE ratio of 108.15, a price-to-earnings-growth ratio of 2.96 and a beta of 0.86. The company has a quick ratio of 2.71, a current ratio of 4.47 and a debt-to-equity ratio of 0.06. Vishay Precision Group, Inc. has a 52-week low of $18.57 and a 52-week high of $56.25.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Wednesday, February 11th. The scientific and technical instruments company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.14). Vishay Precision Group had a return on equity of 2.16% and a net margin of 1.72%.The firm had revenue of $80.57 million for the quarter, compared to analyst estimates of $78.08 million. Equities research analysts forecast that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current year.

Wall Street Analysts Forecast Growth

VPG has been the subject of a number of analyst reports. Wall Street Zen downgraded Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Lake Street Capital set a $54.00 price target on shares of Vishay Precision Group and gave the stock a “buy” rating in a research note on Thursday, February 12th. Weiss Ratings upgraded shares of Vishay Precision Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 20th. Zacks Research lowered shares of Vishay Precision Group from a “hold” rating to a “strong sell” rating in a report on Thursday, February 12th. Finally, Loop Capital set a $44.00 price objective on shares of Vishay Precision Group in a research report on Thursday, December 18th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $53.67.

Vishay Precision Group Company Profile

Vishay Precision Group (NYSE: VPG) specializes in the design, manufacture and calibration of precision sensors, instrumentation and measurement systems used in a broad range of applications. Its product portfolio includes load cells, tension links, weighing modules, torque transducers, digital indicators and data acquisition systems. These solutions serve critical requirements for accuracy, reliability and repeatability in sectors such as industrial automation, test and measurement, medical devices, food and beverage processing, aerospace and defense.

The company traces its roots to the sensor and measurement division of Vishay Intertechnology, Inc, from which it was spun off as an independent public company in March 2016.