Vishay Precision Group, Inc. (NYSE:VPG) Shares Sold by Royce & Associates LP

Royce & Associates LP lessened its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 8.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 767,872 shares of the scientific and technical instruments company’s stock after selling 67,989 shares during the quarter. Royce & Associates LP owned about 5.79% of Vishay Precision Group worth $19,888,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in VPG. Acadian Asset Management LLC lifted its holdings in shares of Vishay Precision Group by 6.1% in the second quarter. Acadian Asset Management LLC now owns 199,094 shares of the scientific and technical instruments company’s stock valued at $6,059,000 after buying an additional 11,438 shares during the period. American Century Companies Inc. raised its position in shares of Vishay Precision Group by 47.7% during the second quarter. American Century Companies Inc. now owns 192,661 shares of the scientific and technical instruments company’s stock worth $5,865,000 after purchasing an additional 62,186 shares during the period. Divisar Capital Management LLC raised its position in shares of Vishay Precision Group by 2.2% during the second quarter. Divisar Capital Management LLC now owns 176,001 shares of the scientific and technical instruments company’s stock worth $5,357,000 after purchasing an additional 3,726 shares during the period. Foundry Partners LLC raised its position in Vishay Precision Group by 11.6% during the second quarter. Foundry Partners LLC now owns 139,785 shares of the scientific and technical instruments company’s stock valued at $4,255,000 after buying an additional 14,585 shares during the period. Finally, Roubaix Capital LLC raised its position in Vishay Precision Group by 58.6% during the first quarter. Roubaix Capital LLC now owns 74,203 shares of the scientific and technical instruments company’s stock valued at $2,622,000 after buying an additional 27,413 shares during the period. Institutional investors and hedge funds own 87.61% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. B. Riley dropped their price target on Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 7th. StockNews.com lowered Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th.

Vishay Precision Group Stock Performance

Shares of NYSE VPG opened at $21.43 on Friday. The business’s 50-day moving average price is $23.84 and its two-hundred day moving average price is $28.47. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 2.80. Vishay Precision Group, Inc. has a one year low of $21.11 and a one year high of $35.98. The company has a market capitalization of $284.16 million, a P/E ratio of 21.65 and a beta of 1.17.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $75.73 million during the quarter, compared to the consensus estimate of $73.47 million. Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. During the same quarter in the prior year, the company posted $0.47 EPS. Analysts anticipate that Vishay Precision Group, Inc. will post 1.06 earnings per share for the current fiscal year.

About Vishay Precision Group

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.