AIGH Capital Management LLC Makes New $6.35 Million Investment in Vishay Precision Group, Inc. (NYSE:VPG)

AIGH Capital Management LLC bought a new stake in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 263,565 shares of the scientific and technical instruments company's stock, valued at approximately $6,349,000. Vishay Precision Group comprises 2.6% of AIGH Capital Management LLC's portfolio, making the stock its 13th largest position. AIGH Capital Management LLC owned about 1.99% of Vishay Precision Group at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Needham Investment Management LLC grew its holdings in shares of Vishay Precision Group by 1.1% during the fourth quarter. Needham Investment Management LLC now owns 685,200 shares of the scientific and technical instruments company's stock worth $16,082,000 after purchasing an additional 7,700 shares during the last quarter. Portolan Capital Management LLC bought a new stake in shares of Vishay Precision Group during the fourth quarter worth about $11,552,000. Ameriprise Financial Inc. grew its holdings in shares of Vishay Precision Group by 82.1% during the fourth quarter. Ameriprise Financial Inc. now owns 330,107 shares of the scientific and technical instruments company's stock worth $7,748,000 after purchasing an additional 148,802 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Vishay Precision Group by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 329,940 shares of the scientific and technical instruments company's stock worth $7,746,000 after purchasing an additional 10,454 shares during the last quarter. Finally, Lord Abbett & CO. LLC grew its holdings in shares of Vishay Precision Group by 683.8% during the fourth quarter. Lord Abbett & CO. LLC now owns 306,992 shares of the scientific and technical instruments company's stock worth $7,205,000 after purchasing an additional 267,826 shares during the last quarter. Institutional investors own 87.61% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on VPG. Wall Street Zen cut Vishay Precision Group from a "buy" rating to a "hold" rating in a report on Saturday, March 29th. B. Riley restated a "buy" rating on shares of Vishay Precision Group in a report on Wednesday, May 7th.

Vishay Precision Group Trading Up 1.1%

VPG stock traded up $0.31 during trading on Friday, hitting $27.59. The company had a trading volume of 38,211 shares, compared to its average volume of 146,621. The business has a 50-day moving average of $27.17 and a 200-day moving average of $24.50. Vishay Precision Group, Inc. has a one year low of $18.57 and a one year high of $35.11. The stock has a market cap of $365.84 million, a PE ratio of 119.87 and a beta of 0.87. The company has a current ratio of 4.51, a quick ratio of 2.94 and a debt-to-equity ratio of 0.10.

Vishay Precision Group (NYSE:VPG - Get Free Report) last announced its earnings results on Tuesday, May 6th. The scientific and technical instruments company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). Vishay Precision Group had a net margin of 1.03% and a return on equity of 2.30%. The company had revenue of $71.74 million during the quarter, compared to the consensus estimate of $73.04 million. Research analysts predict that Vishay Precision Group, Inc. will post 0.9 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.