Ameriprise Financial Inc. Purchases 148,802 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Ameriprise Financial Inc. boosted its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 82.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 330,107 shares of the scientific and technical instruments company's stock after buying an additional 148,802 shares during the period. Ameriprise Financial Inc. owned about 2.49% of Vishay Precision Group worth $7,748,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. EMC Capital Management boosted its position in shares of Vishay Precision Group by 577.8% during the 4th quarter. EMC Capital Management now owns 9,069 shares of the scientific and technical instruments company's stock valued at $213,000 after acquiring an additional 7,731 shares in the last quarter. Azarias Capital Management L.P. acquired a new stake in Vishay Precision Group during the fourth quarter valued at approximately $5,142,000. Kovack Advisors Inc. grew its stake in shares of Vishay Precision Group by 23.2% in the 4th quarter. Kovack Advisors Inc. now owns 10,371 shares of the scientific and technical instruments company's stock valued at $243,000 after purchasing an additional 1,950 shares during the period. Victory Capital Management Inc. grew its stake in shares of Vishay Precision Group by 3.9% in the 4th quarter. Victory Capital Management Inc. now owns 75,073 shares of the scientific and technical instruments company's stock valued at $1,762,000 after purchasing an additional 2,825 shares during the period. Finally, Inspire Advisors LLC raised its holdings in shares of Vishay Precision Group by 44.5% in the 4th quarter. Inspire Advisors LLC now owns 18,200 shares of the scientific and technical instruments company's stock worth $427,000 after buying an additional 5,608 shares in the last quarter. Institutional investors own 87.61% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on VPG. StockNews.com lowered Vishay Precision Group from a "buy" rating to a "hold" rating in a research note on Saturday, March 29th. B. Riley reaffirmed a "buy" rating on shares of Vishay Precision Group in a report on Wednesday, May 7th.

Vishay Precision Group Stock Performance

NYSE VPG opened at $25.83 on Thursday. Vishay Precision Group, Inc. has a 1-year low of $18.57 and a 1-year high of $35.11. The company has a 50 day moving average of $23.09 and a 200-day moving average of $23.16. The company has a current ratio of 4.41, a quick ratio of 2.80 and a debt-to-equity ratio of 0.09. The firm has a market cap of $342.47 million, a price-to-earnings ratio of 34.91 and a beta of 0.86.

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 analysts' consensus estimates of $0.05 by ($0.01). Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. The business had revenue of $71.74 million for the quarter, compared to the consensus estimate of $73.04 million. On average, equities analysts forecast that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current fiscal year.

Vishay Precision Group Profile

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.

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