Tieton Capital Management LLC Sells 883 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Tieton Capital Management LLC trimmed its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,271 shares of the scientific and technical instruments company’s stock after selling 883 shares during the quarter. Tieton Capital Management LLC owned about 0.35% of Vishay Precision Group worth $1,408,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Parallel Advisors LLC boosted its stake in shares of Vishay Precision Group by 225.0% in the fourth quarter. Parallel Advisors LLC now owns 741 shares of the scientific and technical instruments company’s stock valued at $25,000 after buying an additional 513 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Vishay Precision Group by 3.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 20,102 shares of the scientific and technical instruments company’s stock valued at $711,000 after purchasing an additional 598 shares in the last quarter. Annex Advisory Services LLC lifted its position in Vishay Precision Group by 7.4% during the first quarter. Annex Advisory Services LLC now owns 13,285 shares of the scientific and technical instruments company’s stock worth $469,000 after purchasing an additional 921 shares during the period. EntryPoint Capital LLC increased its holdings in Vishay Precision Group by 34.2% in the 1st quarter. EntryPoint Capital LLC now owns 4,111 shares of the scientific and technical instruments company’s stock valued at $145,000 after buying an additional 1,048 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Vishay Precision Group by 13.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 15,004 shares of the scientific and technical instruments company’s stock worth $511,000 after acquiring an additional 1,749 shares during the period. Institutional investors and hedge funds own 87.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. StockNews.com upgraded Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 3rd. B. Riley lowered their price objective on shares of Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th.

Vishay Precision Group Trading Down 2.2 %

Shares of VPG stock opened at $23.96 on Tuesday. The business’s 50-day moving average price is $29.09 and its 200-day moving average price is $31.59. Vishay Precision Group, Inc. has a 12 month low of $23.50 and a 12 month high of $35.98. The firm has a market capitalization of $319.96 million, a price-to-earnings ratio of 13.24 and a beta of 1.17.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Tuesday, August 6th. The scientific and technical instruments company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.01). Vishay Precision Group had a net margin of 6.30% and a return on equity of 7.49%. The business had revenue of $77.36 million for the quarter, compared to the consensus estimate of $78.57 million. During the same period in the previous year, the business posted $0.58 EPS. On average, sell-side analysts predict that Vishay Precision Group, Inc. will post 1.11 earnings per share for the current fiscal year.

Vishay Precision Group 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.