LSV Asset Management Cuts Stock Position in Vishay Precision Group, Inc. (NYSE:VPG)

LSV Asset Management reduced its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG - Free Report) by 56.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,300 shares of the scientific and technical instruments company's stock after selling 41,100 shares during the period. LSV Asset Management owned approximately 0.24% of Vishay Precision Group worth $758,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VPG. Quantbot Technologies LP raised its stake 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 worth $82,000 after acquiring an additional 1,539 shares during the last quarter. Wells Fargo & Company MN raised 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 purchasing an additional 1,970 shares during the last quarter. EMC Capital Management lifted its holdings in shares of 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 purchasing an additional 7,731 shares during the period. EntryPoint Capital LLC lifted its holdings in shares of Vishay Precision Group by 22.0% during the fourth quarter. EntryPoint Capital LLC now owns 9,596 shares of the scientific and technical instruments company's stock worth $225,000 after purchasing an additional 1,730 shares during the period. Finally, Kovack Advisors Inc. boosted its position in Vishay Precision Group by 23.2% in the fourth 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 last quarter. 87.61% of the stock is owned by hedge funds and other institutional investors.

Vishay Precision Group Stock Performance

Shares of VPG traded up $0.04 during mid-day trading on Friday, reaching $20.39. The company had a trading volume of 118,714 shares, compared to its average volume of 93,222. The stock has a 50 day moving average of $22.74 and a two-hundred day moving average of $23.08. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $270.24 million, a P/E ratio of 27.55 and a beta of 0.91. Vishay Precision Group, Inc. has a 52-week low of $18.57 and a 52-week high of $35.11.

Vishay Precision Group (NYSE:VPG - Get Free Report) last issued 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 return on equity of 3.87% and a net margin of 3.23%. On average, analysts expect that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. StockNews.com cut shares of Vishay Precision Group from a "buy" rating to a "hold" rating in a research note on Saturday, March 29th. B. Riley upgraded shares of Vishay Precision Group from a "neutral" rating to a "buy" rating and boosted their target price for the company from $24.50 to $28.50 in a research report on Thursday, February 13th.

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.