Lord Abbett & CO. LLC Grows Holdings in Vishay Precision Group, Inc. (NYSE:VPG)

Lord Abbett & CO. LLC grew its position in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 683.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 306,992 shares of the scientific and technical instruments company's stock after acquiring an additional 267,826 shares during the quarter. Lord Abbett & CO. LLC owned about 2.32% of Vishay Precision Group worth $7,205,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Quantbot Technologies LP lifted 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 purchasing an additional 1,539 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of Vishay Precision Group by 32.3% in 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. EMC Capital Management boosted its position in Vishay Precision Group by 577.8% during the fourth quarter. EMC Capital Management now owns 9,069 shares of the scientific and technical instruments company's stock worth $213,000 after acquiring an additional 7,731 shares during the last quarter. EntryPoint Capital LLC grew its stake in Vishay Precision Group by 22.0% during 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 acquiring an additional 1,730 shares in the last quarter. Finally, Kovack Advisors Inc. raised its holdings 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 acquiring an additional 1,950 shares during the last quarter. 87.61% of the stock is owned by institutional investors and hedge funds.

Vishay Precision Group Trading Up 8.9 %

VPG stock traded up $2.14 during trading on Friday, reaching $26.30. 211,173 shares of the stock were exchanged, compared to its average volume of 101,113. The business has a 50 day moving average price of $22.29 and a 200-day moving average price of $22.99. Vishay Precision Group, Inc. has a 1 year low of $18.57 and a 1 year high of $35.11. 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 capitalization of $348.66 million, a price-to-earnings ratio of 35.54 and a beta of 0.91.

Vishay Precision Group (NYSE:VPG - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.10). Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. On average, research analysts predict that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current year.

Wall Street Analyst Weigh In

VPG has been the subject of a number of analyst reports. B. Riley upgraded Vishay Precision Group from a "neutral" rating to a "buy" rating and upped their price target for the company from $24.50 to $28.50 in a research report on Thursday, February 13th. StockNews.com cut Vishay Precision Group from a "buy" rating to a "hold" rating in a report on Saturday, March 29th.

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.