Herald Investment Management Ltd Acquires 50,000 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Herald Investment Management Ltd boosted its holdings in Vishay Precision Group, Inc. (NYSE:VPG) by 50.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,000 shares of the scientific and technical instruments company’s stock after acquiring an additional 50,000 shares during the quarter. Herald Investment Management Ltd’s holdings in Vishay Precision Group were worth $3,610,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CWM LLC lifted its position in Vishay Precision Group by 648.2% in the 1st quarter. CWM LLC now owns 1,025 shares of the scientific and technical instruments company’s stock valued at $25,000 after acquiring an additional 888 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of Vishay Precision Group by 154.2% during the 1st quarter. Versant Capital Management Inc now owns 1,131 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 686 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of Vishay Precision Group during the 4th quarter valued at $184,000. Wells Fargo & Company MN lifted its holdings in shares of Vishay Precision Group by 32.3% during the 4th quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company’s stock valued at $189,000 after buying an additional 1,970 shares during the period. Finally, Occudo Quantitative Strategies LP bought a new position in shares of Vishay Precision Group during the 4th quarter valued at $274,000. 87.61% of the stock is owned by institutional investors.

Vishay Precision Group Price Performance

NYSE VPG opened at $27.16 on Friday. The business’s fifty day moving average price is $27.32 and its 200-day moving average price is $24.79. The stock has a market capitalization of $360.09 million, a price-to-earnings ratio of -301.77 and a beta of 0.87. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.35 and a quick ratio of 2.94. Vishay Precision Group, Inc. has a 1-year low of $18.57 and a 1-year high of $30.11.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Tuesday, August 5th. The scientific and technical instruments company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.13. The firm had revenue of $75.16 million for the quarter, compared to analysts’ expectations of $72.93 million. Vishay Precision Group had a positive return on equity of 1.72% and a negative net margin of 0.43%. On average, equities analysts predict that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, B. Riley reissued a “buy” rating on shares of Vishay Precision Group in a report on Wednesday, May 7th.

Vishay Precision Group 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.