Inspire Advisors LLC Buys 5,608 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Inspire Advisors LLC boosted its stake in Vishay Precision Group, Inc. (NYSE:VPG) by 44.5% in the fourth quarter, HoldingsChannel reports. The firm owned 18,200 shares of the scientific and technical instruments company’s stock after acquiring an additional 5,608 shares during the period. Inspire Advisors LLC’s holdings in Vishay Precision Group were worth $427,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC acquired a new position in Vishay Precision Group in the third quarter valued at about $1,014,000. FMR LLC grew its stake in Vishay Precision Group by 51.3% in the third quarter. FMR LLC now owns 802,256 shares of the scientific and technical instruments company’s stock valued at $20,778,000 after acquiring an additional 271,974 shares during the period. JPMorgan Chase & Co. grew its stake in Vishay Precision Group by 1,238.1% in the third quarter. JPMorgan Chase & Co. now owns 358,325 shares of the scientific and technical instruments company’s stock valued at $9,281,000 after acquiring an additional 331,547 shares during the period. Barclays PLC grew its stake in Vishay Precision Group by 71.7% in the third quarter. Barclays PLC now owns 34,422 shares of the scientific and technical instruments company’s stock valued at $890,000 after acquiring an additional 14,376 shares during the period. Finally, State Street Corp grew its stake in Vishay Precision Group by 3.2% in the third quarter. State Street Corp now owns 313,083 shares of the scientific and technical instruments company’s stock valued at $8,109,000 after acquiring an additional 9,660 shares during the period. 87.61% of the stock is owned by institutional investors and hedge funds.

Vishay Precision Group Stock Performance

Shares of Vishay Precision Group stock opened at $22.08 on Thursday. The firm has a market cap of $292.65 million, a price-to-earnings ratio of 29.83 and a beta of 1.08. The stock’s 50-day moving average is $23.43 and its 200-day moving average is $23.76. Vishay Precision Group, Inc. has a one year low of $20.83 and a one year high of $35.52. 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 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 analysts predict that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on VPG shares. StockNews.com lowered Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Saturday, March 1st. B. Riley upgraded Vishay Precision Group from a “neutral” rating to a “buy” rating and boosted their price target for the company from $24.50 to $28.50 in a report on Thursday, February 13th.

Vishay Precision Group Company 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.