Millennium Management LLC Buys 12,128 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Millennium Management LLC grew its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 112.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,930 shares of the scientific and technical instruments company's stock after acquiring an additional 12,128 shares during the quarter. Millennium Management LLC owned 0.17% of Vishay Precision Group worth $538,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Quantbot Technologies LP lifted its stake in shares of Vishay Precision Group by 77.9% in the 4th quarter. Quantbot Technologies LP now owns 3,515 shares of the scientific and technical instruments company's stock worth $82,000 after purchasing an additional 1,539 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in Vishay Precision Group during the 4th quarter valued at about $184,000. Wells Fargo & Company MN boosted its holdings in Vishay Precision Group by 32.3% during the fourth quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company's stock worth $189,000 after buying an additional 1,970 shares in the last quarter. EntryPoint Capital LLC lifted its position in shares of Vishay Precision Group by 22.0% in the fourth quarter. EntryPoint Capital LLC now owns 9,596 shares of the scientific and technical instruments company's stock valued at $225,000 after acquiring an additional 1,730 shares in the last quarter. Finally, Kovack Advisors Inc. boosted its position in shares of Vishay Precision Group by 23.2% during 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 acquiring an additional 1,950 shares during the last quarter. 87.61% of the stock is owned by institutional investors.

Vishay Precision Group Stock Up 2.9%

Shares of Vishay Precision Group stock traded up $0.77 during midday trading on Thursday, hitting $27.18. The company's stock had a trading volume of 104,477 shares, compared to its average volume of 115,690. The stock has a 50-day simple moving average of $24.03 and a 200-day simple moving average of $23.61. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09. Vishay Precision Group, Inc. has a 1-year low of $18.57 and a 1-year high of $35.11. The firm has a market capitalization of $360.33 million, a P/E ratio of 36.73 and a beta of 0.86.

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 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. The business had revenue of $71.74 million during the quarter, compared to the consensus estimate of $73.04 million. As a group, sell-side analysts expect that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.