492,201 Shares in Vishay Precision Group, Inc. (NYSE:VPG) Purchased by Portolan Capital Management LLC

Portolan Capital Management LLC acquired a new stake in Vishay Precision Group, Inc. (NYSE:VPG - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 492,201 shares of the scientific and technical instruments company's stock, valued at approximately $11,552,000. Portolan Capital Management LLC owned approximately 3.72% of Vishay Precision Group as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Lord Abbett & CO. LLC acquired a new position in Vishay Precision Group during the 3rd quarter worth approximately $1,014,000. JPMorgan Chase & Co. grew its stake in shares of Vishay Precision Group by 1,238.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 358,325 shares of the scientific and technical instruments company's stock valued at $9,281,000 after purchasing an additional 331,547 shares during the last quarter. Barclays PLC increased its stake in Vishay Precision Group by 71.7% in the 3rd quarter. Barclays PLC now owns 34,422 shares of the scientific and technical instruments company's stock valued at $890,000 after buying an additional 14,376 shares during the period. State Street Corp raised its position in Vishay Precision Group by 3.2% during the 3rd quarter. State Street Corp now owns 313,083 shares of the scientific and technical instruments company's stock worth $8,109,000 after buying an additional 9,660 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in shares of Vishay Precision Group by 167.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 11,863 shares of the scientific and technical instruments company's stock worth $307,000 after acquiring an additional 7,432 shares during the period. 87.61% of the stock is owned by hedge funds and other institutional investors.

Vishay Precision Group Price Performance

Shares of VPG stock traded up $0.04 during midday trading on Friday, reaching $20.39. 118,714 shares of the company traded hands, compared to its average volume of 93,017. The firm has a market cap of $270.24 million, a PE ratio of 27.55 and a beta of 0.91. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 2.80. The firm's 50 day simple moving average is $22.74 and its two-hundred day simple moving average is $23.11. 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 Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing the consensus estimate 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, equities research analysts expect that Vishay Precision Group, Inc. will post 0.9 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. StockNews.com lowered Vishay Precision Group from a "buy" rating to a "hold" rating in a report on Saturday, March 29th. B. Riley upgraded Vishay Precision Group from a "neutral" rating to a "buy" rating and lifted their price target for the company from $24.50 to $28.50 in a research note 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.