Vishay Precision Group, Inc. (NYSE:VPG) Stock Position Raised by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. lifted its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 25.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,508 shares of the scientific and technical instruments company’s stock after acquiring an additional 14,644 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.54% of Vishay Precision Group worth $1,678,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Cubist Systematic Strategies LLC bought a new stake in shares of Vishay Precision Group during the 4th quarter worth $184,000. Bank of America Corp DE boosted its stake in shares of Vishay Precision Group by 22.6% during the 4th quarter. Bank of America Corp DE now owns 15,474 shares of the scientific and technical instruments company’s stock worth $363,000 after acquiring an additional 2,852 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Vishay Precision Group by 82.1% during the 4th quarter. Ameriprise Financial Inc. now owns 330,107 shares of the scientific and technical instruments company’s stock worth $7,748,000 after acquiring an additional 148,802 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Vishay Precision Group in the fourth quarter valued at $384,000. Finally, Lord Abbett & CO. LLC boosted its position in shares of Vishay Precision Group by 683.8% in the fourth quarter. Lord Abbett & CO. LLC now owns 306,992 shares of the scientific and technical instruments company’s stock worth $7,205,000 after buying an additional 267,826 shares during the period. 87.61% of the stock is owned by institutional investors.

Vishay Precision Group Price Performance

Shares of VPG opened at $25.83 on Thursday. The company has a market capitalization of $342.47 million, a price-to-earnings ratio of 34.91 and a beta of 0.86. Vishay Precision Group, Inc. has a fifty-two week low of $18.57 and a fifty-two week high of $35.11. 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 business’s 50-day moving average is $23.09 and its 200-day moving average is $23.16.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Tuesday, May 6th. The scientific and technical instruments company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. The firm had revenue of $71.74 million for the quarter, compared to analysts’ expectations of $73.04 million. Equities research analysts expect that Vishay Precision Group, Inc. will post 0.9 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on the company. StockNews.com cut Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 29th. B. Riley reiterated a “buy” rating on shares of Vishay Precision Group in a report on Wednesday, May 7th.

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.