Bridge City Capital LLC Raises Stock Position in Vishay Precision Group, Inc. (NYSE:VPG)

Bridge City Capital LLC grew its position in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 5.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,941 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,481 shares during the period. Bridge City Capital LLC owned approximately 0.69% of Vishay Precision Group worth $2,215,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VPG. Annex Advisory Services LLC boosted its holdings in shares of Vishay Precision Group by 14.6% in the 1st quarter. Annex Advisory Services LLC now owns 56,895 shares of the scientific and technical instruments company’s stock valued at $1,371,000 after buying an additional 7,234 shares in the last quarter. Versant Capital Management Inc increased its holdings in Vishay Precision Group by 154.2% in the first quarter. Versant Capital Management Inc now owns 1,131 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 686 shares in the last quarter. Brooklyn FI LLC acquired a new position in shares of Vishay Precision Group during the 4th quarter worth approximately $409,000. Two Sigma Investments LP boosted its holdings in Vishay Precision Group by 28.4% in the 4th quarter. Two Sigma Investments LP now owns 57,366 shares of the scientific and technical instruments company’s stock worth $1,346,000 after buying an additional 12,675 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its position in shares of Vishay Precision Group by 38.1% in the fourth quarter. Nuveen Asset Management LLC now owns 110,775 shares of the scientific and technical instruments company’s stock valued at $2,600,000 after buying an additional 30,542 shares during the last quarter. 87.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Wall Street Zen lowered Vishay Precision Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 29th. B. Riley reissued a “buy” rating on shares of Vishay Precision Group in a research report on Wednesday, May 7th.

Vishay Precision Group Stock Up 2.2%

VPG opened at $27.99 on Monday. The stock has a market capitalization of $371.10 million, a P/E ratio of 37.83 and a beta of 0.86. Vishay Precision Group, Inc. has a 12 month low of $18.57 and a 12 month high of $35.11. The business has a 50 day simple moving average of $23.83 and a 200-day simple moving average of $23.54. 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 issued its quarterly earnings results on Tuesday, May 6th. The scientific and technical instruments company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. The firm had revenue of $71.74 million for the quarter, compared to analysts’ expectations of $73.04 million. On average, equities analysts anticipate that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current fiscal 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.