Royce & Associates LP Cuts Holdings in Vishay Precision Group, Inc. (NYSE:VPG)

Royce & Associates LP reduced its position in Vishay Precision Group, Inc. (NYSE:VPG) by 32.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 522,033 shares of the scientific and technical instruments company’s stock after selling 245,839 shares during the quarter. Royce & Associates LP owned about 3.94% of Vishay Precision Group worth $12,252,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in VPG. Victory Capital Management Inc. raised its position in shares of Vishay Precision Group by 2.5% in the 3rd quarter. Victory Capital Management Inc. now owns 72,248 shares of the scientific and technical instruments company’s stock worth $1,871,000 after buying an additional 1,743 shares during the period. Quest Partners LLC purchased a new position in Vishay Precision Group in the third quarter valued at about $66,000. Foundry Partners LLC raised its position in Vishay Precision Group by 12.2% in the third quarter. Foundry Partners LLC now owns 156,880 shares of the scientific and technical instruments company’s stock valued at $4,063,000 after purchasing an additional 17,095 shares during the period. Charles Schwab Investment Management Inc. raised its position in Vishay Precision Group by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 34,912 shares of the scientific and technical instruments company’s stock valued at $904,000 after purchasing an additional 972 shares during the period. Finally, Tieton Capital Management LLC raised its position in Vishay Precision Group by 228.8% in the third quarter. Tieton Capital Management LLC now owns 152,156 shares of the scientific and technical instruments company’s stock valued at $3,941,000 after purchasing an additional 105,885 shares during the period. 87.61% of the stock is owned by hedge funds and other institutional investors.

Vishay Precision Group Stock Up 0.6 %

Shares of Vishay Precision Group stock opened at $22.57 on Tuesday. The business has a 50-day moving average of $23.34 and a 200-day moving average of $23.61. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 2.80. The company has a market capitalization of $299.14 million, a PE ratio of 30.49 and a beta of 1.08. Vishay Precision Group, Inc. has a 1-year low of $20.83 and a 1-year high of $35.52.

Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.10). Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. As a group, equities analysts forecast that Vishay Precision Group, Inc. will post 0.9 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

VPG has been the topic of several research reports. B. Riley raised Vishay Precision Group from a “neutral” rating to a “buy” rating and raised their price objective for the company from $24.50 to $28.50 in a research report on Thursday, February 13th. StockNews.com downgraded Vishay Precision Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 1st.

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.