Vishay Precision Group, Inc. $VPG Shares Sold by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC decreased its position in Vishay Precision Group, Inc. (NYSE:VPG) by 14.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,657 shares of the scientific and technical instruments company’s stock after selling 7,125 shares during the quarter. Rice Hall James & Associates LLC owned 0.32% of Vishay Precision Group worth $1,642,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in Vishay Precision Group by 6.3% in the fourth quarter. LPL Financial LLC now owns 7,522 shares of the scientific and technical instruments company’s stock valued at $290,000 after acquiring an additional 448 shares in the last quarter. UBS Group AG raised its holdings in Vishay Precision Group by 0.8% in the third quarter. UBS Group AG now owns 67,724 shares of the scientific and technical instruments company’s stock valued at $2,171,000 after acquiring an additional 523 shares in the last quarter. K2 Principal Fund L.P. raised its holdings in Vishay Precision Group by 9.0% in the fourth quarter. K2 Principal Fund L.P. now owns 10,900 shares of the scientific and technical instruments company’s stock valued at $420,000 after acquiring an additional 900 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Vishay Precision Group by 1,180.0% in the fourth quarter. Farther Finance Advisors LLC now owns 1,024 shares of the scientific and technical instruments company’s stock valued at $39,000 after acquiring an additional 944 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in Vishay Precision Group by 826.7% in the third quarter. Russell Investments Group Ltd. now owns 1,112 shares of the scientific and technical instruments company’s stock valued at $36,000 after acquiring an additional 992 shares in the last quarter. Institutional investors and hedge funds own 87.61% of the company’s stock.

Vishay Precision Group Stock Performance

Shares of Vishay Precision Group stock opened at $138.79 on Wednesday. The firm has a market capitalization of $1.85 billion, a P/E ratio of 308.43, a P/E/G ratio of 7.49 and a beta of 1.46. Vishay Precision Group, Inc. has a 52 week low of $25.49 and a 52 week high of $148.39. The company has a quick ratio of 2.97, a current ratio of 4.47 and a debt-to-equity ratio of 0.06. The firm’s 50 day moving average is $88.48 and its two-hundred day moving average is $59.04.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Tuesday, May 12th. The scientific and technical instruments company reported $0.07 EPS for the quarter. The company had revenue of $84.35 million for the quarter, compared to analyst estimates of $77.08 million. Vishay Precision Group had a net margin of 1.85% and a return on equity of 2.28%. Research analysts forecast that Vishay Precision Group, Inc. will post 0.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on VPG shares. Zacks Research raised shares of Vishay Precision Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Wall Street Zen upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Weiss Ratings lowered shares of Vishay Precision Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 28th. Lake Street Capital increased their price target on shares of Vishay Precision Group from $54.00 to $98.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Finally, B. Riley Financial increased their price target on shares of Vishay Precision Group from $63.00 to $109.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $83.67.

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.