JPMorgan Chase & Co. lowered its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 8.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 60,588 shares of the scientific and technical instruments company’s stock after selling 5,271 shares during the quarter. JPMorgan Chase & Co. owned 0.46% of Vishay Precision Group worth $1,049,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VPG. Bank of New York Mellon Corp increased its position in shares of Vishay Precision Group by 1.0% during the 1st quarter. Bank of New York Mellon Corp now owns 77,906 shares of the scientific and technical instruments company’s stock valued at $1,231,000 after purchasing an additional 762 shares during the last quarter. American International Group Inc. increased its position in shares of Vishay Precision Group by 7.0% during the 1st quarter. American International Group Inc. now owns 7,440 shares of the scientific and technical instruments company’s stock valued at $118,000 after purchasing an additional 484 shares during the last quarter. TIAA CREF Investment Management LLC increased its position in shares of Vishay Precision Group by 3.2% during the 1st quarter. TIAA CREF Investment Management LLC now owns 55,142 shares of the scientific and technical instruments company’s stock valued at $871,000 after purchasing an additional 1,733 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Vishay Precision Group by 3.4% during the 1st quarter. Vanguard Group Inc. now owns 430,698 shares of the scientific and technical instruments company’s stock valued at $6,805,000 after purchasing an additional 14,030 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Vishay Precision Group by 3.6% during the 1st quarter. Geode Capital Management LLC now owns 78,534 shares of the scientific and technical instruments company’s stock valued at $1,240,000 after purchasing an additional 2,706 shares during the last quarter. 86.47% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Precision Group, Inc. (NYSE VPG) opened at 23.75 on Friday. Vishay Precision Group, Inc. has a 12 month low of $15.10 and a 12 month high of $24.80. The firm has a 50-day moving average price of $23.08 and a 200 day moving average price of $19.07. The company has a market cap of $315.66 million, a P/E ratio of 32.94 and a beta of 0.93.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Tuesday, August 8th. The scientific and technical instruments company reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.05. Vishay Precision Group had a return on equity of 7.25% and a net margin of 4.16%. The firm had revenue of $62.30 million for the quarter, compared to the consensus estimate of $60.19 million. During the same quarter last year, the business posted $0.15 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year. Equities research analysts predict that Vishay Precision Group, Inc. will post $0.92 EPS for the current year.

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Several equities analysts have recently weighed in on VPG shares. ValuEngine raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. BidaskClub raised Vishay Precision Group from a “strong sell” rating to a “sell” rating in a research report on Monday, August 14th. Finally, B. Riley reissued a “buy” rating and set a $22.00 target price on shares of Vishay Precision Group in a research report on Monday, August 7th.

About Vishay Precision Group

Vishay Precision Group, Inc (VPG) is a designer, manufacturer and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.

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Institutional Ownership by Quarter for Vishay Precision Group (NYSE:VPG)

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