Victory Capital Management Inc. Buys 1,743 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Victory Capital Management Inc. increased its holdings in Vishay Precision Group, Inc. (NYSE:VPG) by 2.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,248 shares of the scientific and technical instruments company’s stock after buying an additional 1,743 shares during the quarter. Victory Capital Management Inc. owned 0.54% of Vishay Precision Group worth $1,871,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of VPG. SG Americas Securities LLC purchased a new position in shares of Vishay Precision Group in the third quarter worth $146,000. State Board of Administration of Florida Retirement System purchased a new stake in shares of Vishay Precision Group in the 1st quarter worth $314,000. Tidal Investments LLC purchased a new position in Vishay Precision Group during the first quarter valued at approximately $436,000. Inspire Advisors LLC purchased a new stake in shares of Vishay Precision Group during the third quarter valued at about $326,000. Finally, Annex Advisory Services LLC boosted its position in shares of Vishay Precision Group by 14.6% in the 2nd quarter. Annex Advisory Services LLC now owns 15,230 shares of the scientific and technical instruments company’s stock worth $464,000 after purchasing an additional 1,945 shares in the last quarter. Institutional investors own 87.61% of the company’s stock.

Analyst Upgrades and Downgrades

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

Vishay Precision Group Price Performance

Shares of NYSE:VPG opened at $22.09 on Monday. The firm has a market capitalization of $292.45 million, a P/E ratio of 22.31 and a beta of 1.17. Vishay Precision Group, Inc. has a 12 month low of $20.83 and a 12 month high of $35.98. The company’s fifty day moving average price is $23.58 and its 200 day moving average price is $27.99. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 2.80.

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

About Vishay Precision Group

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.