Thomson Horstmann & Bryant Inc. purchased a new position in shares of Vishay Precision Group, Inc. (NYSE:VPG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 311,554 shares of the scientific and technical instruments company’s stock, valued at approximately $5,389,000. Thomson Horstmann & Bryant Inc. owned about 2.36% of Vishay Precision Group at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of VPG. Vivaldi Capital Management LLC acquired a new stake in Vishay Precision Group during the first quarter worth approximately $3,814,626,000. Litespeed Management L.L.C. purchased a new stake in shares of Vishay Precision Group during the first quarter valued at about $1,256,000. Shufro Rose & Co. LLC boosted its stake in shares of Vishay Precision Group by 11.6% in the first quarter. Shufro Rose & Co. LLC now owns 650,600 shares of the scientific and technical instruments company’s stock valued at $10,279,000 after buying an additional 67,520 shares during the period. Engine Capital Management LLC boosted its stake in shares of Vishay Precision Group by 2,474.9% in the first quarter. Engine Capital Management LLC now owns 37,284 shares of the scientific and technical instruments company’s stock valued at $589,000 after buying an additional 35,836 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in shares of Vishay Precision Group by 8.6% in the first quarter. Renaissance Technologies LLC now owns 451,800 shares of the scientific and technical instruments company’s stock valued at $7,138,000 after buying an additional 35,800 shares during the period. 86.75% of the stock is currently owned by institutional investors and hedge funds.
Vishay Precision Group, Inc. (VPG) traded down 0.86% on Friday, reaching $17.30. The company had a trading volume of 1,538 shares. The firm has a market capitalization of $228.65 million, a P/E ratio of 29.27 and a beta of 0.95. The company’s 50-day moving average price is $17.45 and its 200 day moving average price is $16.89. Vishay Precision Group, Inc. has a 1-year low of $11.75 and a 1-year high of $19.44.
Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Tuesday, May 9th. The scientific and technical instruments company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.03. The business had revenue of $59.80 million during the quarter, compared to analysts’ expectations of $58.04 million. Vishay Precision Group had a net margin of 3.47% and a return on equity of 6.19%. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the company earned $0.13 EPS. On average, equities analysts forecast that Vishay Precision Group, Inc. will post $0.85 EPS for the current year.
Separately, B. Riley reaffirmed a “buy” rating and issued a $22.00 target price on shares of Vishay Precision Group in a report on Saturday, May 13th.
Vishay Precision Group Company Profile
Vishay Precision Group, Inc (VPG) is a designer, manufacturer and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.
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