Royce & Associates LP Sells 67,989 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Royce & Associates LP decreased its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 8.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 767,872 shares of the scientific and technical instruments company’s stock after selling 67,989 shares during the quarter. Royce & Associates LP owned about 0.06% of Vishay Precision Group worth $19,888,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VPG. American Century Companies Inc. boosted its stake in Vishay Precision Group by 47.7% during the 2nd quarter. American Century Companies Inc. now owns 192,661 shares of the scientific and technical instruments company’s stock valued at $5,865,000 after purchasing an additional 62,186 shares during the period. Acadian Asset Management LLC raised its holdings in Vishay Precision Group by 20.9% in the 1st quarter. Acadian Asset Management LLC now owns 187,656 shares of the scientific and technical instruments company’s stock valued at $6,627,000 after acquiring an additional 32,484 shares in the last quarter. Roubaix Capital LLC raised its holdings in Vishay Precision Group by 58.6% in the 1st quarter. Roubaix Capital LLC now owns 74,203 shares of the scientific and technical instruments company’s stock valued at $2,622,000 after acquiring an additional 27,413 shares in the last quarter. Annex Advisory Services LLC raised its holdings in Vishay Precision Group by 142.3% in the 3rd quarter. Annex Advisory Services LLC now owns 36,908 shares of the scientific and technical instruments company’s stock valued at $956,000 after acquiring an additional 21,678 shares in the last quarter. Finally, Foundry Partners LLC raised its holdings in Vishay Precision Group by 11.6% in the 2nd quarter. Foundry Partners LLC now owns 139,785 shares of the scientific and technical instruments company’s stock valued at $4,255,000 after acquiring an additional 14,585 shares in the last quarter. Institutional investors own 87.61% of the company’s stock.

Wall Street Analysts Forecast Growth

VPG has been the subject of several recent research reports. StockNews.com cut Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. B. Riley dropped their target price on Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th.

Vishay Precision Group Trading Down 1.0 %

Shares of VPG opened at $21.43 on Friday. Vishay Precision Group, Inc. has a 1 year low of $21.11 and a 1 year high of $35.98. The company has a current ratio of 4.41, a quick ratio of 2.80 and a debt-to-equity ratio of 0.09. The stock has a 50 day simple moving average of $23.84 and a 200-day simple moving average of $28.47. The stock has a market cap of $284.16 million, a PE ratio of 21.65 and a beta of 1.17.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.19. Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. The firm had revenue of $75.73 million during the quarter, compared to analysts’ expectations of $73.47 million. During the same period last year, the firm posted $0.47 EPS. On average, sell-side analysts predict that Vishay Precision Group, Inc. will post 1.06 EPS for the current fiscal year.

Vishay Precision Group Company 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.