B. Riley Downgrades Vishay Precision Group (NYSE:VPG) to Neutral

B. Riley lowered shares of Vishay Precision Group (NYSE:VPG) from a buy rating to a neutral rating in a research report released on Wednesday, Marketbeat Ratings reports. The firm currently has $36.00 price target on the scientific and technical instruments company’s stock, down from their previous price target of $37.00.

Separately, TheStreet raised Vishay Precision Group from a c+ rating to a b- rating in a research report on Friday, March 1st.

Vishay Precision Group Trading Down 6.4 %

NYSE:VPG opened at $31.38 on Wednesday. The company has a market cap of $419.86 million, a PE ratio of 16.69 and a beta of 1.25. The company has a current ratio of 3.94, a quick ratio of 2.51 and a debt-to-equity ratio of 0.10. The company has a 50 day simple moving average of $34.03 and a two-hundred day simple moving average of $32.50. Vishay Precision Group has a 12 month low of $27.93 and a 12 month high of $38.56.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Wednesday, February 14th. The scientific and technical instruments company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.25. The firm had revenue of $89.53 million for the quarter, compared to the consensus estimate of $79.69 million. Vishay Precision Group had a return on equity of 9.19% and a net margin of 7.24%. During the same period last year, the business posted $0.76 EPS. Research analysts forecast that Vishay Precision Group will post 1.59 earnings per share for the current year.

Institutional Trading of Vishay Precision Group

A number of large investors have recently made changes to their positions in the business. Wellington Management Group LLP lifted its position in Vishay Precision Group by 35.3% in the third quarter. Wellington Management Group LLP now owns 447,498 shares of the scientific and technical instruments company’s stock worth $15,027,000 after buying an additional 116,800 shares during the last quarter. Roubaix Capital LLC purchased a new position in shares of Vishay Precision Group during the 4th quarter worth about $1,594,000. Foundry Partners LLC raised its position in Vishay Precision Group by 33.3% in the 4th quarter. Foundry Partners LLC now owns 125,640 shares of the scientific and technical instruments company’s stock worth $4,281,000 after purchasing an additional 31,395 shares during the period. North Star Investment Management Corp. lifted its stake in Vishay Precision Group by 18.3% in the fourth quarter. North Star Investment Management Corp. now owns 94,318 shares of the scientific and technical instruments company’s stock worth $3,213,000 after purchasing an additional 14,600 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Vishay Precision Group by 1.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 992,025 shares of the scientific and technical instruments company’s stock valued at $33,798,000 after buying an additional 13,939 shares during the period. 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.