Engineers Gate Manager LP lifted its position in Vishay Precision Group Inc (NYSE:VPG) by 27.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,057 shares of the scientific and technical instruments company’s stock after buying an additional 2,185 shares during the period. Engineers Gate Manager LP’s holdings in Vishay Precision Group were worth $376,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Allianz Asset Management GmbH bought a new stake in Vishay Precision Group during the first quarter worth $298,000. Campbell & CO Investment Adviser LLC bought a new stake in Vishay Precision Group during the second quarter worth $203,000. Bank of Montreal Can bought a new stake in Vishay Precision Group during the second quarter worth $322,000. Boston Advisors LLC bought a new stake in Vishay Precision Group during the second quarter worth $4,539,000. Finally, Acadian Asset Management LLC bought a new stake in Vishay Precision Group during the second quarter worth $5,366,000. 81.08% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Timothy Talbert sold 3,000 shares of the stock in a transaction on Monday, August 20th. The stock was sold at an average price of $44.00, for a total value of $132,000.00. Following the completion of the transaction, the director now directly owns 14,896 shares in the company, valued at approximately $655,424. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO William M. Clancy sold 10,000 shares of the stock in a transaction on Thursday, August 30th. The shares were sold at an average price of $43.21, for a total value of $432,100.00. Following the completion of the transaction, the chief financial officer now owns 19,575 shares of the company’s stock, valued at $845,835.75. The disclosure for this sale can be found here. Insiders sold a total of 36,151 shares of company stock valued at $1,602,945 over the last quarter. 6.49% of the stock is owned by corporate insiders.

Several equities research analysts have weighed in on VPG shares. ValuEngine cut Vishay Precision Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 8th. B. Riley restated a “buy” rating and set a $53.00 target price (up from $40.00) on shares of Vishay Precision Group in a research note on Monday, August 6th. Finally, Sidoti upgraded Vishay Precision Group from a “neutral” rating to a “buy” rating in a research note on Thursday, October 11th.

Shares of VPG opened at $33.39 on Friday. Vishay Precision Group Inc has a 52 week low of $23.65 and a 52 week high of $45.00. The firm has a market capitalization of $452.32 million, a PE ratio of 29.29, a PEG ratio of 0.84 and a beta of 0.97. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.09 and a quick ratio of 2.83.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Tuesday, November 6th. The scientific and technical instruments company reported $0.57 EPS for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.08. Vishay Precision Group had a return on equity of 12.63% and a net margin of 8.45%. The company had revenue of $75.49 million during the quarter, compared to analysts’ expectations of $73.60 million. During the same period in the prior year, the company earned $0.32 EPS. Vishay Precision Group’s revenue was up 20.2% compared to the same quarter last year. As a group, analysts expect that Vishay Precision Group Inc will post 1.99 EPS for the current year.

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Vishay Precision Group Profile

Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three 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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