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

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

Other large investors also recently modified their holdings of the company. Portolan Capital Management LLC bought a new position in Vishay Precision Group in the 4th quarter worth about $11,552,000. Lord Abbett & CO. LLC grew its position in 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 valued at $7,205,000 after buying an additional 267,826 shares during the period. Ameriprise Financial Inc. grew its position in 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 valued at $7,748,000 after buying an additional 148,802 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Vishay Precision Group by 172.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 186,752 shares of the scientific and technical instruments company's stock worth $4,383,000 after purchasing an additional 118,153 shares in the last quarter. Finally, Tieton Capital Management LLC grew its stake in shares of Vishay Precision Group by 59.6% in the 4th quarter. Tieton Capital Management LLC now owns 242,811 shares of the scientific and technical instruments company's stock valued at $5,699,000 after buying an additional 90,655 shares during the period. 87.61% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

VPG has been the topic of a number of research analyst reports. B. Riley reiterated a "buy" rating on shares of Vishay Precision Group in a research note on Wednesday, May 7th. Wall Street Zen cut shares of Vishay Precision Group from a "buy" rating to a "hold" rating in a report on Saturday, March 29th.

Vishay Precision Group Stock Performance

Shares of NYSE VPG traded up $0.02 during trading on Tuesday, reaching $27.95. 58,371 shares of the stock traded hands, compared to its average volume of 120,625. The stock has a market capitalization of $370.62 million, a P/E ratio of 121.52 and a beta of 0.87. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.51 and a quick ratio of 2.94. The company has a 50-day moving average of $27.03 and a 200-day moving average of $24.39. Vishay Precision Group, Inc. has a 52-week low of $18.57 and a 52-week high of $35.11.

Vishay Precision Group (NYSE:VPG - Get Free Report) last released its quarterly 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 business had revenue of $71.74 million for the quarter, compared to analysts' expectations of $73.04 million. Analysts forecast that Vishay Precision Group, Inc. will post 0.9 EPS 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.