Azarias Capital Management L.P. Sells 15,784 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Azarias Capital Management L.P. lowered its position in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 7.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 203,290 shares of the scientific and technical instruments company's stock after selling 15,784 shares during the period. Vishay Precision Group makes up approximately 2.7% of Azarias Capital Management L.P.'s investment portfolio, making the stock its 14th biggest holding. Azarias Capital Management L.P. owned approximately 1.53% of Vishay Precision Group worth $4,897,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in shares of Vishay Precision Group in the 4th quarter valued at about $384,000. Deutsche Bank AG raised its stake in Vishay Precision Group by 35.6% in the fourth quarter. Deutsche Bank AG now owns 12,831 shares of the scientific and technical instruments company's stock worth $301,000 after buying an additional 3,372 shares in the last quarter. Nuveen Asset Management LLC raised its stake in Vishay Precision Group by 38.1% in the fourth quarter. Nuveen Asset Management LLC now owns 110,775 shares of the scientific and technical instruments company's stock worth $2,600,000 after buying an additional 30,542 shares in the last quarter. Bank of America Corp DE lifted its holdings in Vishay Precision Group by 22.6% during the fourth quarter. Bank of America Corp DE now owns 15,474 shares of the scientific and technical instruments company's stock worth $363,000 after buying an additional 2,852 shares during the period. Finally, D. E. Shaw & Co. Inc. lifted its holdings in Vishay Precision Group by 25.8% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 71,508 shares of the scientific and technical instruments company's stock worth $1,678,000 after buying an additional 14,644 shares during the period. Institutional investors own 87.61% of the company's stock.

Vishay Precision Group Stock Down 1.2%

VPG stock traded down $0.31 during trading on Friday, reaching $25.93. 97,713 shares of the company traded hands, compared to its average volume of 117,072. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.94 and a current ratio of 4.51. The company has a market capitalization of $343.79 million, a price-to-earnings ratio of 112.73 and a beta of 0.86. The business has a 50 day simple moving average of $24.87 and a 200 day simple moving average of $23.77. Vishay Precision Group, Inc. has a 12 month low of $18.57 and a 12 month high of $35.11.

Vishay Precision Group (NYSE:VPG - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $71.74 million for the quarter, compared to the consensus estimate of $73.04 million. Vishay Precision Group had a return on equity of 2.30% and a net margin of 1.03%. On average, equities research analysts anticipate that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on VPG shares. B. Riley reiterated a "buy" rating on shares of Vishay Precision Group in a report on Wednesday, May 7th. Wall Street Zen downgraded Vishay Precision Group from a "buy" rating to a "hold" rating in a research report on Saturday, March 29th.

Vishay Precision Group Company 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.