Royce & Associates LP Lowers Holdings in Vishay Precision Group Inc (VPG)

Royce & Associates LP decreased its holdings in shares of Vishay Precision Group Inc (NYSE:VPG) by 10.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 467,742 shares of the scientific and technical instruments company’s stock after selling 53,400 shares during the period. Royce & Associates LP owned approximately 3.52% of Vishay Precision Group worth $11,413,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VPG. TIAA CREF Investment Management LLC raised its holdings in Vishay Precision Group by 3.2% during the first quarter. TIAA CREF Investment Management LLC now owns 55,142 shares of the scientific and technical instruments company’s stock worth $871,000 after buying an additional 1,733 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Vishay Precision Group by 3.4% in the first quarter. Vanguard Group Inc. now owns 430,698 shares of the scientific and technical instruments company’s stock valued at $6,805,000 after purchasing an additional 14,030 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Vishay Precision Group by 3.6% in the first quarter. Geode Capital Management LLC now owns 78,534 shares of the scientific and technical instruments company’s stock valued at $1,240,000 after purchasing an additional 2,706 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Vishay Precision Group in the first quarter valued at about $369,000. Finally, Russell Investments Group Ltd. raised its holdings in shares of Vishay Precision Group by 3.6% in the second quarter. Russell Investments Group Ltd. now owns 19,413 shares of the scientific and technical instruments company’s stock valued at $336,000 after purchasing an additional 668 shares during the last quarter. Hedge funds and other institutional investors own 79.78% of the company’s stock.

Several analysts have recently commented on the stock. ValuEngine upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. B. Riley increased their target price on shares of Vishay Precision Group from $23.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Finally, BidaskClub upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Thursday, August 24th.

Shares of Vishay Precision Group Inc (NYSE VPG) traded down $0.80 during mid-day trading on Wednesday, hitting $26.35. 42,200 shares of the stock traded hands, compared to its average volume of 37,470. The stock has a market capitalization of $360.85, a P/E ratio of 26.88, a P/E/G ratio of 1.44 and a beta of 0.92. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.65 and a current ratio of 3.92. Vishay Precision Group Inc has a 52 week low of $15.10 and a 52 week high of $28.60.

Vishay Precision Group (NYSE:VPG) last announced its earnings results on Tuesday, November 7th. The scientific and technical instruments company reported $0.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.01. The company had revenue of $62.80 million during the quarter, compared to the consensus estimate of $60.88 million. Vishay Precision Group had a net margin of 5.35% and a return on equity of 7.52%. The firm’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.21 earnings per share. equities research analysts predict that Vishay Precision Group Inc will post 1.04 earnings per share for the current year.

WARNING: “Royce & Associates LP Lowers Holdings in Vishay Precision Group Inc (VPG)” was originally posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are viewing this report on another website, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The correct version of this report can be read at https://www.thelincolnianonline.com/2017/12/13/royce-associates-lp-lowers-holdings-in-vishay-precision-group-inc-vpg.html.

Vishay Precision Group Company Profile

Vishay Precision Group, Inc (VPG) is a designer, manufacturer and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.

Want to see what other hedge funds are holding VPG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vishay Precision Group Inc (NYSE:VPG).

Institutional Ownership by Quarter for Vishay Precision Group (NYSE:VPG)

Receive News & Ratings for Vishay Precision Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Precision Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply