272 Capital LP Cuts Position in Vishay Precision Group, Inc. (NYSE:VPG)

272 Capital LP cut its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 7.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 448,225 shares of the scientific and technical instruments company’s stock after selling 37,053 shares during the quarter. Vishay Precision Group makes up 6.9% of 272 Capital LP’s portfolio, making the stock its largest position. 272 Capital LP owned about 3.36% of Vishay Precision Group worth $13,644,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its position in Vishay Precision Group by 1.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 992,025 shares of the scientific and technical instruments company’s stock worth $33,798,000 after acquiring an additional 13,939 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Vishay Precision Group by 13.5% in the 4th quarter. Wellington Management Group LLP now owns 508,007 shares of the scientific and technical instruments company’s stock valued at $17,308,000 after purchasing an additional 60,509 shares during the period. Acadian Asset Management LLC lifted its stake in Vishay Precision Group by 6.1% in the 2nd quarter. Acadian Asset Management LLC now owns 199,094 shares of the scientific and technical instruments company’s stock valued at $6,059,000 after purchasing an additional 11,438 shares during the last quarter. American Century Companies Inc. grew its holdings in Vishay Precision Group by 47.7% during the second quarter. American Century Companies Inc. now owns 192,661 shares of the scientific and technical instruments company’s stock worth $5,865,000 after purchasing an additional 62,186 shares during the period. Finally, Foundry Partners LLC increased its position in Vishay Precision Group by 11.6% during the second quarter. Foundry Partners LLC now owns 139,785 shares of the scientific and technical instruments company’s stock worth $4,255,000 after buying an additional 14,585 shares during the last quarter. Institutional investors own 87.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on VPG. StockNews.com raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Tuesday, September 3rd. B. Riley cut their price target 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 Stock Down 1.6 %

Vishay Precision Group stock opened at $23.86 on Tuesday. The company’s 50-day moving average price is $28.44 and its two-hundred day moving average price is $31.23. The stock has a market cap of $318.63 million, a P/E ratio of 13.18 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 announced 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). Vishay Precision Group had a return on equity of 7.49% and a net margin of 6.30%. The firm had revenue of $77.36 million for the quarter, compared to the consensus estimate of $78.57 million. During the same quarter last year, the business posted $0.58 EPS. Equities analysts anticipate that Vishay Precision Group, Inc. will post 1.11 earnings per share for the current fiscal year.

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.