Vishay Precision Group, Inc. (NYSE:VPG) Shares Sold by Foundry Partners LLC

Foundry Partners LLC trimmed its stake in Vishay Precision Group, Inc. (NYSE:VPG) by 0.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 125,200 shares of the scientific and technical instruments company’s stock after selling 440 shares during the period. Foundry Partners LLC owned about 0.94% of Vishay Precision Group worth $4,423,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Wellington Management Group LLP lifted its stake in Vishay Precision Group by 35.3% during the third quarter. Wellington Management Group LLP now owns 447,498 shares of the scientific and technical instruments company’s stock worth $15,027,000 after purchasing an additional 116,800 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Vishay Precision Group by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 624,770 shares of the scientific and technical instruments company’s stock valued at $20,980,000 after acquiring an additional 7,682 shares during the period. North Star Investment Management Corp. boosted its holdings in Vishay Precision Group by 18.3% during the 4th quarter. North Star Investment Management Corp. now owns 94,318 shares of the scientific and technical instruments company’s stock valued at $3,213,000 after acquiring an additional 14,600 shares during the period. SG Americas Securities LLC lifted its position in shares of Vishay Precision Group by 45.7% during the fourth quarter. SG Americas Securities LLC now owns 4,582 shares of the scientific and technical instruments company’s stock worth $156,000 after purchasing an additional 1,437 shares in the last quarter. Finally, New York State Teachers Retirement System acquired a new stake in Vishay Precision Group during the 4th quarter worth approximately $34,000. 87.61% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, B. Riley lowered Vishay Precision Group from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $37.00 to $36.00 in a research report on Wednesday, May 8th.

Vishay Precision Group Stock Down 1.7 %

Vishay Precision Group stock traded down $0.57 during midday trading on Thursday, reaching $33.08. The company’s stock had a trading volume of 22,803 shares, compared to its average volume of 56,031. The business has a 50-day simple moving average of $31.74 and a 200-day simple moving average of $32.78. The company has a market cap of $441.62 million, a P/E ratio of 18.59 and a beta of 1.22. Vishay Precision Group, Inc. has a fifty-two week low of $27.93 and a fifty-two week high of $38.56.

Vishay Precision Group (NYSE:VPG) last posted its earnings results on Tuesday, May 7th. The scientific and technical instruments company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.10. The firm had revenue of $80.78 million during the quarter, compared to analysts’ expectations of $83.74 million. Vishay Precision Group had a return on equity of 8.68% and a net margin of 7.10%. As a group, equities analysts forecast that Vishay Precision Group, Inc. will post 1.33 earnings per share for the current 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.