Acuitas Investments LLC Has $2.77 Million Holdings in Vishay Precision Group, Inc. $VPG

Acuitas Investments LLC increased its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 20.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,281 shares of the scientific and technical instruments company’s stock after acquiring an additional 14,927 shares during the period. Acuitas Investments LLC owned about 0.65% of Vishay Precision Group worth $2,765,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VPG. Russell Investments Group Ltd. raised its position in Vishay Precision Group by 826.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,112 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 992 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Vishay Precision Group by 85.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,332 shares of the scientific and technical instruments company’s stock valued at $75,000 after acquiring an additional 1,076 shares during the period. State of Wyoming bought a new position in shares of Vishay Precision Group during the second quarter worth $80,000. Sei Investments Co. bought a new position in Vishay Precision Group during the second quarter worth about $218,000. Finally, Moody National Bank Trust Division acquired a new position in shares of Vishay Precision Group in the 3rd quarter valued at approximately $225,000. Institutional investors and hedge funds own 87.61% of the company’s stock.

Vishay Precision Group Stock Down 1.0%

Shares of NYSE:VPG opened at $40.75 on Wednesday. The business’s 50 day moving average is $45.96 and its 200 day moving average is $38.60. Vishay Precision Group, Inc. has a 12-month low of $18.57 and a 12-month high of $56.25. The stock has a market cap of $541.19 million, a price-to-earnings ratio of 101.88, a PEG ratio of 2.71 and a beta of 0.86. The company has a quick ratio of 2.97, a current ratio of 4.47 and a debt-to-equity ratio of 0.06.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings data on Wednesday, February 11th. The scientific and technical instruments company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.14). The company had revenue of $80.57 million for the quarter, compared to the consensus estimate of $78.08 million. Vishay Precision Group had a net margin of 1.72% and a return on equity of 2.16%. On average, sell-side analysts forecast that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current fiscal year.

Analysts Set New Price Targets

VPG has been the subject of a number of research analyst reports. Loop Capital set a $44.00 target price on shares of Vishay Precision Group in a research note on Thursday, December 18th. Zacks Research lowered Vishay Precision Group from a “hold” rating to a “strong sell” rating in a report on Thursday, February 12th. B. Riley Financial restated a “buy” rating and issued a $63.00 price target (up from $45.00) on shares of Vishay Precision Group in a research note on Tuesday, February 3rd. Lake Street Capital set a $54.00 price objective on Vishay Precision Group and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, Wall Street Zen cut shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $53.67.

Vishay Precision Group Company Profile

Vishay Precision Group (NYSE: VPG) specializes in the design, manufacture and calibration of precision sensors, instrumentation and measurement systems used in a broad range of applications. Its product portfolio includes load cells, tension links, weighing modules, torque transducers, digital indicators and data acquisition systems. These solutions serve critical requirements for accuracy, reliability and repeatability in sectors such as industrial automation, test and measurement, medical devices, food and beverage processing, aerospace and defense.

The company traces its roots to the sensor and measurement division of Vishay Intertechnology, Inc, from which it was spun off as an independent public company in March 2016.