Vishay Precision Group (NYSE:VPG) Stock Rating Upgraded by StockNews.com

Vishay Precision Group (NYSE:VPG) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Friday.

Separately, B. Riley raised shares of Vishay Precision Group from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $24.50 to $28.50 in a research report on Thursday, February 13th.

Vishay Precision Group Stock Performance

Shares of VPG opened at $22.91 on Friday. The company has a market capitalization of $303.72 million, a PE ratio of 30.96 and a beta of 1.08. Vishay Precision Group has a 52-week low of $20.83 and a 52-week high of $35.52. The company has a 50-day simple moving average of $23.34 and a 200-day simple moving average of $23.51. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.10). Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. Equities research analysts predict that Vishay Precision Group will post 0.9 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Quantbot Technologies LP acquired a new position in shares of Vishay Precision Group in the 3rd quarter valued at $51,000. Quest Partners LLC acquired a new position in shares of Vishay Precision Group in the 3rd quarter valued at about $66,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Vishay Precision Group during the 4th quarter worth about $184,000. Wells Fargo & Company MN raised its holdings in Vishay Precision Group by 32.3% in the fourth quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company’s stock valued at $189,000 after buying an additional 1,970 shares during the period. Finally, EMC Capital Management lifted its position in Vishay Precision Group by 577.8% during the fourth quarter. EMC Capital Management now owns 9,069 shares of the scientific and technical instruments company’s stock valued at $213,000 after buying an additional 7,731 shares in the last quarter. 87.61% of the stock is currently owned by hedge funds and other institutional investors.

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.