JPMorgan Chase & Co. Sells 131,542 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

JPMorgan Chase & Co. reduced its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 36.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 226,783 shares of the scientific and technical instruments company’s stock after selling 131,542 shares during the quarter. JPMorgan Chase & Co. owned about 1.71% of Vishay Precision Group worth $5,323,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Quantbot Technologies LP lifted its position in Vishay Precision Group by 77.9% in the fourth quarter. Quantbot Technologies LP now owns 3,515 shares of the scientific and technical instruments company’s stock worth $82,000 after buying an additional 1,539 shares during the last quarter. EMC Capital Management boosted its stake 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 valued at $213,000 after purchasing an additional 7,731 shares during the period. EntryPoint Capital LLC grew its holdings in shares of Vishay Precision Group by 22.0% in 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 last quarter. Kovack Advisors Inc. increased its stake in Vishay Precision Group by 23.2% in the 4th quarter. Kovack Advisors Inc. now owns 10,371 shares of the scientific and technical instruments company’s stock worth $243,000 after buying an additional 1,950 shares during the period. Finally, Tidal Investments LLC lifted its holdings in Vishay Precision Group by 4.6% during the 3rd quarter. Tidal Investments LLC now owns 11,633 shares of the scientific and technical instruments company’s stock valued at $301,000 after buying an additional 514 shares in the last quarter. 87.61% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. StockNews.com downgraded shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 29th. B. Riley raised Vishay Precision Group from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $24.50 to $28.50 in a research note on Thursday, February 13th.

Vishay Precision Group Trading Up 0.2 %

NYSE VPG opened at $20.39 on Friday. The company’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 one year low of $18.57 and a one year high of $35.11. The company has a market capitalization of $270.24 million, a price-to-earnings ratio of 27.55 and a beta of 0.91. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41.

Vishay Precision Group (NYSE:VPG) 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%. Equities analysts forecast 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.