Vishay Precision Group, Inc. (NYSE:VPG) Shares Bought by Millennium Management LLC

Millennium Management LLC lifted its position in shares of Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 112.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 as of its most recent SEC filing.

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

Analysts Set New Price Targets

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

Vishay Precision Group Stock Performance

Shares of NYSE:VPG traded up $0.11 during midday trading on Wednesday, hitting $26.36. The stock had a trading volume of 293,974 shares, compared to its average volume of 115,735. The company has a market capitalization of $349.44 million, a PE ratio of 35.62 and a beta of 0.86. The stock has a 50 day moving average price of $24.03 and a two-hundred day moving average price of $23.61. The company has a current ratio of 4.41, a quick ratio of 2.80 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.

Vishay Precision Group (NYSE:VPG - Get Free Report) last released its quarterly earnings data 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). The company had revenue of $71.74 million for the quarter, compared to analysts' expectations of $73.04 million. Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. As a group, equities 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.