UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 2,665 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in Vishay Precision Group, Inc. (NYSE:VPG) by 11.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,149 shares of the scientific and technical instruments company’s stock after selling 2,665 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.15% of Vishay Precision Group worth $522,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Quantbot Technologies LP bought a new stake in Vishay Precision Group in the third quarter worth $51,000. Quest Partners LLC purchased a new stake in Vishay Precision Group during the third quarter valued at approximately $66,000. SG Americas Securities LLC bought a new stake in shares of Vishay Precision Group in the 3rd quarter valued at approximately $146,000. Kovack Advisors Inc. purchased a new position in shares of Vishay Precision Group in the 3rd quarter worth approximately $218,000. Finally, BNP Paribas Financial Markets increased its position in shares of Vishay Precision Group by 167.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 11,863 shares of the scientific and technical instruments company’s stock valued at $307,000 after purchasing an additional 7,432 shares during the last quarter. 87.61% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Tuesday, December 3rd.

Vishay Precision Group Price Performance

Vishay Precision Group stock opened at $23.15 on Friday. The stock has a market cap of $306.48 million, a price-to-earnings ratio of 23.38 and a beta of 1.16. The firm has a 50-day moving average of $23.22 and a two-hundred day moving average of $26.79. Vishay Precision Group, Inc. has a 1 year low of $20.83 and a 1 year high of $35.98. 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 posted its quarterly earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.19. The business had revenue of $75.73 million for the quarter, compared to the consensus estimate of $73.47 million. Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. During the same quarter in the prior year, the company earned $0.47 EPS. On average, research analysts forecast that Vishay Precision Group, Inc. will post 1.06 earnings per share for the current 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.