Vishay Precision Group, Inc. (NYSE:VPG) Shares Bought by State Street Corp

State Street Corp lifted its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 3.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 313,083 shares of the scientific and technical instruments company’s stock after purchasing an additional 9,660 shares during the quarter. State Street Corp owned about 2.36% of Vishay Precision Group worth $8,109,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Needham Investment Management LLC grew its position in Vishay Precision Group by 5.9% during the third quarter. Needham Investment Management LLC now owns 677,500 shares of the scientific and technical instruments company’s stock worth $17,547,000 after buying an additional 37,500 shares during the period. BNP Paribas Financial Markets increased its stake in Vishay Precision Group by 167.7% in 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 in the last quarter. Quantbot Technologies LP acquired a new position in Vishay Precision Group during the third quarter worth $51,000. FMR LLC boosted its position in Vishay Precision Group by 51.3% during the third quarter. FMR LLC now owns 802,256 shares of the scientific and technical instruments company’s stock worth $20,778,000 after purchasing an additional 271,974 shares in the last quarter. Finally, Tieton Capital Management LLC boosted its position in Vishay Precision Group by 228.8% during the third quarter. Tieton Capital Management LLC now owns 152,156 shares of the scientific and technical instruments company’s stock worth $3,941,000 after purchasing an additional 105,885 shares in the last quarter. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Vishay Precision Group Stock Performance

NYSE:VPG opened at $23.34 on Friday. Vishay Precision Group, Inc. has a twelve month low of $20.83 and a twelve month high of $35.98. The firm has a market capitalization of $309.00 million, a price-to-earnings ratio of 23.58 and a beta of 1.16. The company has a current ratio of 4.41, a quick ratio of 2.80 and a debt-to-equity ratio of 0.09. The firm’s fifty day simple moving average is $23.10 and its 200 day simple moving average is $26.53.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings data on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 EPS for the quarter, hitting 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 firm had revenue of $75.73 million for the quarter, compared to analyst estimates of $73.47 million. During the same quarter in the previous year, the business posted $0.47 EPS. As a group, equities research analysts expect that Vishay Precision Group, Inc. will post 1.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.