Rice Hall James & Associates LLC Has $1.86 Million Stake in Vishay Precision Group, Inc. (NYSE:VPG)

Rice Hall James & Associates LLC trimmed its stake in Vishay Precision Group, Inc. (NYSE:VPG) by 2.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 79,423 shares of the scientific and technical instruments company’s stock after selling 1,836 shares during the period. Rice Hall James & Associates LLC’s holdings in Vishay Precision Group were worth $1,864,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. FMR LLC increased its holdings in Vishay Precision Group by 51.3% in the third quarter. FMR LLC now owns 802,256 shares of the scientific and technical instruments company’s stock valued at $20,778,000 after purchasing an additional 271,974 shares during the period. Needham Investment Management LLC grew its holdings in Vishay Precision Group by 5.9% during the 3rd quarter. Needham Investment Management LLC now owns 677,500 shares of the scientific and technical instruments company’s stock worth $17,547,000 after acquiring an additional 37,500 shares during the period. JPMorgan Chase & Co. grew its holdings in Vishay Precision Group by 1,238.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 358,325 shares of the scientific and technical instruments company’s stock worth $9,281,000 after acquiring an additional 331,547 shares during the period. Geode Capital Management LLC grew its holdings in Vishay Precision Group by 3.7% during the 3rd quarter. Geode Capital Management LLC now owns 319,486 shares of the scientific and technical instruments company’s stock worth $8,276,000 after acquiring an additional 11,391 shares during the period. Finally, State Street Corp grew its holdings 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 acquiring an additional 9,660 shares during the period. 87.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on VPG. StockNews.com downgraded Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Thursday, February 13th. B. Riley upgraded Vishay Precision Group from a “neutral” rating to a “buy” rating and increased their price target for the stock from $24.50 to $28.50 in a report on Thursday, February 13th.

Vishay Precision Group Price Performance

VPG stock opened at $26.58 on Wednesday. The stock has a market capitalization of $351.93 million, a PE ratio of 35.92 and a beta of 1.15. The company’s 50-day moving average is $23.41 and its 200-day moving average is $24.26. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 2.80. Vishay Precision Group, Inc. has a 1 year low of $20.83 and a 1 year high of $35.54.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings data on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 earnings per share (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%. Equities research analysts expect that Vishay Precision Group, Inc. will post 0.9 EPS for the current fiscal year.

Vishay Precision Group 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.