Hunter Associates Investment Management LLC Buys 6,175 Shares of Vishay Precision Group, Inc. $VPG

Hunter Associates Investment Management LLC increased its stake in Vishay Precision Group, Inc. (NYSE:VPG) by 9.7% during the first quarter, HoldingsChannel reports. The firm owned 69,763 shares of the scientific and technical instruments company’s stock after acquiring an additional 6,175 shares during the period. Hunter Associates Investment Management LLC’s holdings in Vishay Precision Group were worth $3,032,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Vishay Precision Group during the fourth quarter valued at $9,822,000. T. Rowe Price Investment Management Inc. bought a new stake in shares of Vishay Precision Group in the fourth quarter valued at $9,732,000. Handelsbanken Fonder AB lifted its position in shares of Vishay Precision Group by 120.7% during the 4th quarter. Handelsbanken Fonder AB now owns 311,377 shares of the scientific and technical instruments company’s stock valued at $11,988,000 after buying an additional 170,307 shares during the last quarter. Simcoe Capital LLC purchased a new position in shares of Vishay Precision Group during the 4th quarter valued at $2,938,000. Finally, Deutsche Bank AG grew its stake in shares of Vishay Precision Group by 673.5% during the 4th quarter. Deutsche Bank AG now owns 79,646 shares of the scientific and technical instruments company’s stock worth $3,066,000 after acquiring an additional 69,349 shares during the period. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Analyst Upgrades and Downgrades

VPG has been the subject of several recent research reports. Lake Street Capital lifted their price objective on Vishay Precision Group from $54.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Weiss Ratings raised shares of Vishay Precision Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, June 23rd. B. Riley Financial increased their target price on shares of Vishay Precision Group from $63.00 to $109.00 and gave the stock a “buy” rating in a research report 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. Finally, Zacks Research raised shares of Vishay Precision Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $83.67.

Vishay Precision Group Trading Up 0.2%

Shares of Vishay Precision Group stock opened at $121.87 on Friday. Vishay Precision Group, Inc. has a 1 year low of $25.58 and a 1 year high of $151.78. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.47 and a quick ratio of 2.97. The firm has a market cap of $1.62 billion, a PE ratio of 270.83, a PEG ratio of 6.24 and a beta of 1.43. The company has a 50 day simple moving average of $110.54 and a two-hundred day simple moving average of $67.90.

Vishay Precision Group (NYSE:VPG) last issued 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 during the quarter, compared to analyst estimates of $77.08 million. Vishay Precision Group had a return on equity of 2.28% and a net margin of 1.85%. Analysts expect that Vishay Precision Group, Inc. will post 0.97 earnings per share for the current fiscal year.

Vishay Precision Group Profile

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.