AIGH Capital Management LLC increased its stake in Vishay Precision Group, Inc. (NYSE:VPG – Free Report) by 60.7% in the second quarter, Holdings Channel.com reports. The firm owned 423,484 shares of the scientific and technical instruments company’s stock after purchasing an additional 159,919 shares during the quarter. Vishay Precision Group makes up approximately 5.4% of AIGH Capital Management LLC’s investment portfolio, making the stock its 5th largest position. AIGH Capital Management LLC’s holdings in Vishay Precision Group were worth $11,900,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC boosted its stake in Vishay Precision Group by 648.2% in the 1st quarter. CWM LLC now owns 1,025 shares of the scientific and technical instruments company’s stock worth $25,000 after purchasing an additional 888 shares during the period. GAMMA Investing LLC boosted its stake in Vishay Precision Group by 2,638.2% in the 2nd quarter. GAMMA Investing LLC now owns 931 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 897 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in Vishay Precision Group in the 2nd quarter worth $225,000. Magnetar Financial LLC acquired a new position in Vishay Precision Group in the 1st quarter worth $254,000. Finally, EntryPoint Capital LLC boosted its stake in Vishay Precision Group by 34.8% in the 1st quarter. EntryPoint Capital LLC now owns 12,933 shares of the scientific and technical instruments company’s stock worth $312,000 after purchasing an additional 3,337 shares during the period. 87.61% of the stock is owned by institutional investors and hedge funds.
Vishay Precision Group Trading Down 5.8%
Vishay Precision Group stock opened at $34.41 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.35 and a quick ratio of 2.87. The firm has a 50-day moving average of $30.72 and a 200-day moving average of $27.35. The company has a market cap of $456.95 million, a price-to-earnings ratio of -382.28 and a beta of 0.95. Vishay Precision Group, Inc. has a one year low of $18.57 and a one year high of $38.01.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Vishay Precision Group in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Finally, Zacks Research downgraded shares of Vishay Precision Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $28.50.
Check Out Our Latest Analysis on VPG
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.
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