Teton Advisors LLC Buys Shares of 30,035 Vishay Precision Group, Inc. $VPG

Teton Advisors LLC purchased a new stake in Vishay Precision Group, Inc. (NYSE:VPG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,035 shares of the scientific and technical instruments company’s stock, valued at approximately $963,000.

Several other hedge funds also recently bought and sold shares of the stock. Acuitas Investments LLC boosted its stake in shares of Vishay Precision Group by 1,319.6% during the third quarter. Acuitas Investments LLC now owns 1,012,976 shares of the scientific and technical instruments company’s stock valued at $32,466,000 after acquiring an additional 941,622 shares during the last quarter. CSM Advisors LLC acquired a new position in Vishay Precision Group in the 2nd quarter valued at about $5,565,000. Segall Bryant & Hamill LLC purchased a new position in Vishay Precision Group in the 2nd quarter valued at about $4,689,000. Bastion Asset Management Inc. purchased a new position in Vishay Precision Group in the 3rd quarter valued at about $4,904,000. Finally, Handelsbanken Fonder AB boosted its stake in shares of Vishay Precision Group by 1,456.2% during the 3rd quarter. Handelsbanken Fonder AB now owns 141,070 shares of the scientific and technical instruments company’s stock worth $4,521,000 after purchasing an additional 132,005 shares during the last quarter. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Analyst Ratings Changes

VPG has been the subject of a number of recent research reports. Weiss Ratings upgraded shares of Vishay Precision Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 20th. Wall Street Zen lowered shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Loop Capital set a $44.00 target price on shares of Vishay Precision Group in a research note on Thursday, December 18th. Lake Street Capital set a $54.00 price target on Vishay Precision Group and gave the company a “buy” rating in a report on Thursday, February 12th. Finally, Zacks Research lowered Vishay Precision Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Two research analysts have 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $53.67.

Vishay Precision Group Price Performance

VPG stock opened at $43.26 on Friday. The company has a market cap of $574.49 million, a PE ratio of 108.15, a price-to-earnings-growth ratio of 2.96 and a beta of 0.86. The company has a current ratio of 4.47, a quick ratio of 2.71 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average price of $45.53 and a two-hundred day moving average price of $37.77. Vishay Precision Group, Inc. has a 12-month low of $18.57 and a 12-month high of $56.25.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings data on Wednesday, February 11th. The scientific and technical instruments company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.14). The firm had revenue of $80.57 million during the quarter, compared to analysts’ expectations of $78.08 million. Vishay Precision Group had a return on equity of 2.16% and a net margin of 1.72%. As a group, research analysts predict that Vishay Precision Group, Inc. will post 0.9 EPS for the current year.

Vishay Precision Group Company 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.