Vishay Precision Group (NYSE:VPG) Lowered to "Neutral" at B. Riley

Vishay Precision Group (NYSE:VPG - Get Free Report) was downgraded by equities research analysts at B. Riley from a "buy" rating to a "neutral" rating in a report issued on Wednesday, MarketBeat Ratings reports. They currently have a $36.00 target price on the scientific and technical instruments company's stock, down from their previous target price of $37.00. B. Riley's price objective points to a potential upside of 14.72% from the company's previous close.

Separately, TheStreet upgraded shares of Vishay Precision Group from a "c+" rating to a "b-" rating in a report on Friday, March 1st.

Vishay Precision Group Price Performance

Shares of NYSE:VPG traded down $2.15 on Wednesday, reaching $31.38. The company's stock had a trading volume of 90,152 shares, compared to its average volume of 53,446. Vishay Precision Group has a 52-week low of $27.93 and a 52-week high of $38.56. The company has a market cap of $419.86 million, a P/E ratio of 16.65 and a beta of 1.25. The company has a 50-day simple moving average of $34.09 and a 200 day simple moving average of $32.50. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.51 and a current ratio of 3.94.

Vishay Precision Group (NYSE:VPG - Get Free Report) last announced its quarterly earnings data on Wednesday, February 14th. The scientific and technical instruments company reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.25. Vishay Precision Group had a net margin of 7.24% and a return on equity of 9.19%. The company had revenue of $89.53 million during the quarter, compared to analyst estimates of $79.69 million. During the same quarter last year, the business posted $0.76 EPS. As a group, equities research analysts anticipate that Vishay Precision Group will post 1.59 EPS for the current fiscal year.

Institutional Investors Weigh In On Vishay Precision Group

Several large investors have recently modified their holdings of the business. Parallel Advisors LLC grew its position in Vishay Precision Group by 225.0% during the 4th quarter. Parallel Advisors LLC now owns 741 shares of the scientific and technical instruments company's stock worth $25,000 after purchasing an additional 513 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of Vishay Precision Group by 2.9% in the 3rd quarter. Gamco Investors INC. ET AL now owns 24,430 shares of the scientific and technical instruments company's stock valued at $820,000 after acquiring an additional 700 shares during the last quarter. Kennedy Capital Management LLC boosted its holdings in shares of Vishay Precision Group by 0.3% in the 3rd quarter. Kennedy Capital Management LLC now owns 260,141 shares of the scientific and technical instruments company's stock valued at $8,736,000 after acquiring an additional 889 shares during the last quarter. Annex Advisory Services LLC boosted its holdings in shares of Vishay Precision Group by 7.4% in the 1st quarter. Annex Advisory Services LLC now owns 13,285 shares of the scientific and technical instruments company's stock valued at $469,000 after acquiring an additional 921 shares during the last quarter. Finally, New York State Teachers Retirement System purchased a new stake in shares of Vishay Precision Group in the 4th quarter valued at $34,000. Institutional investors own 87.61% of the company's stock.

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.