Charles Schwab Investment Management Inc. grew its position in Vishay Precision Group, Inc. (NYSE:VPG – Free Report) by 4.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,933 shares of the scientific and technical instruments company’s stock after buying an additional 1,411 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.26% of Vishay Precision Group worth $842,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the business. CWM LLC grew its holdings in shares of Vishay Precision Group by 648.2% during the 1st quarter. CWM LLC now owns 1,025 shares of the scientific and technical instruments company’s stock worth $25,000 after purchasing an additional 888 shares during the period. Versant Capital Management Inc grew its holdings in shares of Vishay Precision Group by 154.2% during the 1st quarter. Versant Capital Management Inc now owns 1,131 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 686 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of Vishay Precision Group during the 4th quarter worth about $184,000. Wells Fargo & Company MN lifted its position in Vishay Precision Group by 32.3% during the 4th quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company’s stock worth $189,000 after acquiring an additional 1,970 shares in the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new position in Vishay Precision Group during the 4th quarter worth approximately $274,000. 87.61% of the stock is owned by institutional investors and hedge funds.
Vishay Precision Group Stock Performance
Shares of VPG opened at $28.01 on Wednesday. The business’s 50 day moving average is $27.83 and its two-hundred day moving average is $25.35. Vishay Precision Group, Inc. has a 52-week low of $18.57 and a 52-week high of $30.11. The firm has a market cap of $371.97 million, a price-to-earnings ratio of -311.19 and a beta of 0.91. The company has a quick ratio of 2.87, a current ratio of 4.35 and a debt-to-equity ratio of 0.10.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on VPG shares. B. Riley reissued a “buy” rating on shares of Vishay Precision Group in a research report on Wednesday, May 7th. Wall Street Zen raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $28.50.
Check Out Our Latest Stock Report on VPG
About Vishay Precision Group
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.
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