AQR Capital Management LLC Has $2.52 Million Position in Vishay Precision Group, Inc. (NYSE:VPG)

AQR Capital Management LLC cut its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 18.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 82,720 shares of the scientific and technical instruments company’s stock after selling 18,460 shares during the quarter. AQR Capital Management LLC owned approximately 0.62% of Vishay Precision Group worth $2,518,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. American Century Companies Inc. lifted its holdings 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 last quarter. Wellington Management Group LLP increased its holdings in shares of Vishay Precision Group by 13.5% during the fourth quarter. Wellington Management Group LLP now owns 508,007 shares of the scientific and technical instruments company’s stock worth $17,308,000 after buying an additional 60,509 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Vishay Precision Group by 20.9% in the first 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 during the last quarter. Roubaix Capital LLC boosted its holdings in shares of 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 worth $2,622,000 after acquiring an additional 27,413 shares in the last quarter. Finally, Foundry Partners LLC grew its position in Vishay Precision Group by 11.6% during the 2nd quarter. Foundry Partners LLC now owns 139,785 shares of the scientific and technical instruments company’s stock worth $4,255,000 after acquiring an additional 14,585 shares during the last quarter. Institutional investors and hedge funds own 87.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on VPG shares. StockNews.com raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 3rd. B. Riley reduced their price target on shares of Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 7th.

Vishay Precision Group Price Performance

Shares of Vishay Precision Group stock opened at $23.52 on Wednesday. The firm has a 50 day simple moving average of $26.46 and a 200 day simple moving average of $30.48. Vishay Precision Group, Inc. has a fifty-two week low of $23.29 and a fifty-two week high of $35.98. The firm has a market cap of $311.88 million, a P/E ratio of 12.99 and a beta of 1.16.

Vishay Precision Group (NYSE:VPG) last released 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 return on equity of 7.49% and a net margin of 6.30%. During the same quarter in the previous year, the firm earned $0.58 EPS. On average, sell-side analysts expect that Vishay Precision Group, Inc. will post 1.11 EPS for the current 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.