Vishay Precision Group (NYSE:VPG) Cut to Hold at StockNews.com

StockNews.com cut shares of Vishay Precision Group (NYSE:VPG) from a buy rating to a hold rating in a research report report published on Saturday morning.

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

Vishay Precision Group Price Performance

Shares of NYSE VPG opened at $24.13 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41. The stock has a market cap of $319.89 million, a PE ratio of 32.61 and a beta of 1.08. Vishay Precision Group has a fifty-two week low of $20.83 and a fifty-two week high of $35.52. The stock has a fifty day moving average of $23.47 and a 200-day moving average of $23.47.

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Tidal Investments LLC raised its stake in shares of Vishay Precision Group by 4.6% during the third quarter. Tidal Investments LLC now owns 11,633 shares of the scientific and technical instruments company’s stock valued at $301,000 after acquiring an additional 514 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Vishay Precision Group by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 34,912 shares of the scientific and technical instruments company’s stock valued at $904,000 after purchasing an additional 972 shares in the last quarter. Quantbot Technologies LP boosted its holdings in Vishay Precision Group by 77.9% in the fourth quarter. Quantbot Technologies LP now owns 3,515 shares of the scientific and technical instruments company’s stock worth $82,000 after purchasing an additional 1,539 shares during the last quarter. EntryPoint Capital LLC boosted its position in Vishay Precision Group by 22.0% in the fourth quarter. EntryPoint Capital LLC now owns 9,596 shares of the scientific and technical instruments company’s stock worth $225,000 after purchasing an additional 1,730 shares during the last quarter. Finally, Kovack Advisors Inc. grew its position in shares of Vishay Precision Group by 23.2% during the 4th quarter. Kovack Advisors Inc. now owns 10,371 shares of the scientific and technical instruments company’s stock valued at $243,000 after acquiring an additional 1,950 shares during the period. Hedge funds and other institutional investors own 87.61% of the company’s stock.

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.