Acadian Asset Management LLC cut its holdings in Vishay Precision Group, Inc. (NYSE:VPG – Free Report) by 12.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 221,564 shares of the scientific and technical instruments company’s stock after selling 31,829 shares during the quarter. Acadian Asset Management LLC owned about 1.67% of Vishay Precision Group worth $6,224,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. CWM LLC raised 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 valued at $25,000 after purchasing an additional 888 shares in the last quarter. Victory Capital Management Inc. increased its position in Vishay Precision Group by 5.1% during the first quarter. Victory Capital Management Inc. now owns 78,928 shares of the scientific and technical instruments company’s stock worth $1,901,000 after buying an additional 3,855 shares during the last quarter. AIGH Capital Management LLC acquired a new position in Vishay Precision Group during the first quarter worth $6,349,000. Royce & Associates LP lifted its position in shares of Vishay Precision Group by 1.0% in the first quarter. Royce & Associates LP now owns 527,103 shares of the scientific and technical instruments company’s stock worth $12,698,000 after buying an additional 5,070 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Vishay Precision Group by 1.7% in the first quarter. Vanguard Group Inc. now owns 917,967 shares of the scientific and technical instruments company’s stock worth $22,114,000 after buying an additional 15,190 shares during the last quarter. 87.61% of the stock is owned by institutional investors.
Vishay Precision Group Stock Performance
NYSE:VPG opened at $33.50 on Thursday. The firm’s 50-day moving average is $33.57 and its 200-day moving average is $29.28. The company has a market cap of $444.85 million, a price-to-earnings ratio of -372.18 and a beta of 0.96. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.87 and a current ratio of 4.35. Vishay Precision Group, Inc. has a 52-week low of $18.57 and a 52-week high of $38.90.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Precision Group in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Vishay Precision Group from a “buy” rating to a “strong-buy” rating in a research note on Monday. Finally, Zacks Research downgraded shares of Vishay Precision Group from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $28.50.
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.
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