Renaissance Technologies LLC Sells 6,700 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Renaissance Technologies LLC decreased its position in Vishay Precision Group, Inc. (NYSE:VPG) by 1.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 568,773 shares of the scientific and technical instruments company’s stock after selling 6,700 shares during the quarter. Renaissance Technologies LLC owned 4.26% of Vishay Precision Group worth $17,313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its holdings in shares of Vishay Precision Group by 127.3% in the 4th quarter. BNP Paribas Financial Markets now owns 13,286 shares of the scientific and technical instruments company’s stock worth $453,000 after purchasing an additional 7,442 shares during the period. Jump Financial LLC purchased a new position in shares of Vishay Precision Group in the 4th quarter worth approximately $324,000. Dimensional Fund Advisors LP boosted its holdings in shares of Vishay Precision Group by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 992,025 shares of the scientific and technical instruments company’s stock worth $33,798,000 after purchasing an additional 13,939 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of Vishay Precision Group by 13.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 15,004 shares of the scientific and technical instruments company’s stock worth $511,000 after purchasing an additional 1,749 shares during the period. Finally, Quest Partners LLC purchased a new position in shares of Vishay Precision Group in the 4th quarter worth approximately $304,000. Institutional investors own 87.61% of the company’s stock.

Vishay Precision Group Stock Down 3.0 %

Shares of NYSE VPG opened at $24.25 on Friday. The business has a fifty day simple moving average of $28.60 and a two-hundred day simple moving average of $31.33. The firm has a market cap of $323.83 million, a PE ratio of 13.40 and a beta of 1.17. Vishay Precision Group, Inc. has a twelve month low of $23.50 and a twelve month high of $35.98.

Vishay Precision Group (NYSE:VPG) last issued its earnings results on Tuesday, August 6th. The scientific and technical instruments company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). The firm had revenue of $77.36 million for the quarter, compared to the consensus estimate of $78.57 million. Vishay Precision Group had a net margin of 6.30% and a return on equity of 7.49%. During the same period last year, the firm earned $0.58 earnings per share. On average, research analysts expect that Vishay Precision Group, Inc. will post 1.11 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. StockNews.com upgraded Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Tuesday, September 3rd. B. Riley dropped their price objective 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 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.