Vishay Precision Group, Inc. (NYSE:VPG) Shares Bought by Deutsche Bank AG

Deutsche Bank AG boosted its position in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 35.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,831 shares of the scientific and technical instruments company’s stock after buying an additional 3,372 shares during the quarter. Deutsche Bank AG owned approximately 0.10% of Vishay Precision Group worth $301,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VPG. D. E. Shaw & Co. Inc. grew its position in shares of Vishay Precision Group by 25.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 71,508 shares of the scientific and technical instruments company’s stock valued at $1,678,000 after purchasing an additional 14,644 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in shares of Vishay Precision Group in the fourth quarter valued at about $184,000. Bank of America Corp DE grew its position in shares of Vishay Precision Group by 22.6% in the fourth quarter. Bank of America Corp DE now owns 15,474 shares of the scientific and technical instruments company’s stock valued at $363,000 after purchasing an additional 2,852 shares during the period. Ameriprise Financial Inc. grew its position in shares of Vishay Precision Group by 82.1% in the fourth quarter. Ameriprise Financial Inc. now owns 330,107 shares of the scientific and technical instruments company’s stock valued at $7,748,000 after purchasing an additional 148,802 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of Vishay Precision Group in the fourth quarter valued at about $384,000. Institutional investors and hedge funds own 87.61% of the company’s stock.

Vishay Precision Group Price Performance

Shares of VPG opened at $25.72 on Friday. Vishay Precision Group, Inc. has a 1-year low of $18.57 and a 1-year high of $35.11. The stock has a market cap of $340.97 million, a PE ratio of 34.76 and a beta of 0.86. The firm has a 50-day simple moving average of $23.54 and a two-hundred day simple moving average of $23.33. 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 (NYSE:VPG) last announced its quarterly earnings data on Tuesday, May 6th. The scientific and technical instruments company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). The business 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 forecast that Vishay Precision Group, Inc. will post 0.9 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 29th. B. Riley reissued a “buy” rating on shares of Vishay Precision Group in a research note on Wednesday, May 7th.

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.