Vishay Precision Group, Inc. (NYSE:VPG) Shares Sold by Northern Trust Corp

Northern Trust Corp cut its stake in Vishay Precision Group, Inc. (NYSE:VPG) by 2.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 113,846 shares of the scientific and technical instruments company’s stock after selling 3,379 shares during the quarter. Northern Trust Corp owned about 0.86% of Vishay Precision Group worth $2,672,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of VPG. Portolan Capital Management LLC acquired a new stake in shares of Vishay Precision Group in the 4th quarter worth $11,552,000. Lord Abbett & CO. LLC increased its position in shares of Vishay Precision Group by 683.8% during the 4th quarter. Lord Abbett & CO. LLC now owns 306,992 shares of the scientific and technical instruments company’s stock worth $7,205,000 after purchasing an additional 267,826 shares during the last quarter. Azarias Capital Management L.P. acquired a new stake in shares of Vishay Precision Group during the 4th quarter worth about $5,142,000. Arrowstreet Capital Limited Partnership increased its position in shares of Vishay Precision Group by 172.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 186,752 shares of the scientific and technical instruments company’s stock worth $4,383,000 after purchasing an additional 118,153 shares during the last quarter. Finally, Tieton Capital Management LLC increased its position in shares of Vishay Precision Group by 59.6% during the 4th quarter. Tieton Capital Management LLC now owns 242,811 shares of the scientific and technical instruments company’s stock worth $5,699,000 after purchasing an additional 90,655 shares during the last quarter. 87.61% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VPG. B. Riley reissued a “buy” rating on shares of Vishay Precision Group in a research report on Wednesday, May 7th. Wall Street Zen downgraded Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 29th.

Vishay Precision Group Stock Performance

NYSE VPG opened at $25.98 on Friday. The company has a market cap of $344.42 million, a P/E ratio of 35.11 and a beta of 0.86. 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 stock has a 50-day moving average of $23.23 and a two-hundred day moving average of $23.20. 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) last released its earnings results on Tuesday, May 6th. The scientific and technical instruments company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). The firm had revenue of $71.74 million during the quarter, compared to analyst estimates of $73.04 million. Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. As a group, analysts anticipate that Vishay Precision Group, Inc. will post 0.9 EPS for the current year.

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.