10,100 Shares in Vishay Precision Group, Inc. $VPG Acquired by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. bought a new position in shares of Vishay Precision Group, Inc. (NYSE:VPG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,100 shares of the scientific and technical instruments company’s stock, valued at approximately $389,000.

A number of other large investors have also recently made changes to their positions in VPG. Russell Investments Group Ltd. increased its stake in shares of Vishay Precision Group by 826.7% during the third quarter. Russell Investments Group Ltd. now owns 1,112 shares of the scientific and technical instruments company’s stock worth $36,000 after buying an additional 992 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Vishay Precision Group by 1,180.0% during the fourth quarter. Farther Finance Advisors LLC now owns 1,024 shares of the scientific and technical instruments company’s stock worth $39,000 after buying an additional 944 shares during the period. Central Pacific Bank Trust Division purchased a new stake in shares of Vishay Precision Group during the fourth quarter worth approximately $75,000. BNP Paribas Financial Markets increased its stake in shares of Vishay Precision Group by 85.7% during the third quarter. BNP Paribas Financial Markets now owns 2,332 shares of the scientific and technical instruments company’s stock worth $75,000 after buying an additional 1,076 shares during the period. Finally, State of Wyoming purchased a new stake in shares of Vishay Precision Group during the second quarter worth approximately $80,000. 87.61% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Precision Group Stock Performance

Shares of VPG opened at $126.10 on Tuesday. The company has a current ratio of 4.47, a quick ratio of 2.97 and a debt-to-equity ratio of 0.06. The firm has a market cap of $1.68 billion, a PE ratio of 280.23, a price-to-earnings-growth ratio of 6.43 and a beta of 1.45. The company’s 50 day simple moving average is $69.15 and its 200-day simple moving average is $51.36. Vishay Precision Group, Inc. has a 12-month low of $24.89 and a 12-month high of $131.68.

Vishay Precision Group (NYSE:VPG) last announced its earnings results on Tuesday, May 12th. The scientific and technical instruments company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $84.35 million for the quarter, compared to analyst estimates of $77.08 million. Vishay Precision Group had a net margin of 1.85% and a return on equity of 2.28%. As a group, equities analysts predict that Vishay Precision Group, Inc. will post 0.97 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Lake Street Capital upped their target price on shares of Vishay Precision Group from $54.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. B. Riley Financial increased their price target on shares of Vishay Precision Group from $63.00 to $109.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Wall Street Zen upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Zacks Research upgraded shares of Vishay Precision Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Finally, Weiss Ratings lowered shares of Vishay Precision Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Vishay Precision Group currently has an average rating of “Moderate Buy” and an average target price of $83.67.

About Vishay Precision Group

Vishay Precision Group (NYSE: VPG) specializes in the design, manufacture and calibration of precision sensors, instrumentation and measurement systems used in a broad range of applications. Its product portfolio includes load cells, tension links, weighing modules, torque transducers, digital indicators and data acquisition systems. These solutions serve critical requirements for accuracy, reliability and repeatability in sectors such as industrial automation, test and measurement, medical devices, food and beverage processing, aerospace and defense.

The company traces its roots to the sensor and measurement division of Vishay Intertechnology, Inc, from which it was spun off as an independent public company in March 2016.