Vishay Precision Group, Inc. (NYSE:VPG) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. decreased its holdings in Vishay Precision Group, Inc. (NYSE:VPG) by 24.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,066 shares of the scientific and technical instruments company’s stock after selling 6,281 shares during the quarter. Assenagon Asset Management S.A. owned 0.14% of Vishay Precision Group worth $459,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in Vishay Precision Group in the 4th quarter worth about $384,000. Deutsche Bank AG raised its holdings in Vishay Precision Group by 35.6% in the 4th quarter. Deutsche Bank AG now owns 12,831 shares of the scientific and technical instruments company’s stock worth $301,000 after purchasing an additional 3,372 shares during the period. Nuveen Asset Management LLC raised its holdings in Vishay Precision Group by 38.1% in the 4th quarter. Nuveen Asset Management LLC now owns 110,775 shares of the scientific and technical instruments company’s stock worth $2,600,000 after purchasing an additional 30,542 shares during the period. Bank of America Corp DE raised its holdings in Vishay Precision Group by 22.6% in 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 purchasing an additional 2,852 shares during the period. Finally, D. E. Shaw & Co. Inc. raised its holdings in Vishay Precision Group by 25.8% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 71,508 shares of the scientific and technical instruments company’s stock worth $1,678,000 after purchasing an additional 14,644 shares during the period. Institutional investors and hedge funds own 87.61% of the company’s stock.

Analyst Upgrades and Downgrades

VPG has been the subject of a number of research analyst reports. Wall Street Zen cut Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Saturday, March 29th. B. Riley restated a “buy” rating on shares of Vishay Precision Group in a research report on Wednesday, May 7th.

Vishay Precision Group Trading Up 2.1%

Shares of Vishay Precision Group stock opened at $26.22 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.94 and a current ratio of 4.51. The stock has a 50 day moving average of $24.75 and a 200 day moving average of $23.76. Vishay Precision Group, Inc. has a fifty-two week low of $18.57 and a fifty-two week high of $35.11. The firm has a market capitalization of $347.57 million, a price-to-earnings ratio of 113.99 and a beta of 0.86.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Tuesday, May 6th. The scientific and technical instruments company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). The firm had revenue of $71.74 million for the quarter, compared to analyst estimates of $73.04 million. Vishay Precision Group had a return on equity of 2.30% and a net margin of 1.03%. As a group, research analysts predict that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current 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.