First Eagle Investment Management LLC Has $7.92 Million Holdings in Vishay Precision Group, Inc. $VPG

First Eagle Investment Management LLC boosted its position in Vishay Precision Group, Inc. (NYSE:VPG) by 10.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 247,192 shares of the scientific and technical instruments company’s stock after buying an additional 23,550 shares during the period. First Eagle Investment Management LLC’s holdings in Vishay Precision Group were worth $7,923,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. State of Wyoming bought a new position in shares of Vishay Precision Group in the 2nd quarter worth about $80,000. Sei Investments Co. acquired a new stake in Vishay Precision Group during the second quarter worth approximately $218,000. Moody National Bank Trust Division bought a new stake in Vishay Precision Group in the third quarter worth approximately $225,000. Handelsbanken Fonder AB acquired a new position in Vishay Precision Group in the second quarter valued at approximately $255,000. Finally, XTX Topco Ltd bought a new position in shares of Vishay Precision Group during the 2nd quarter worth approximately $289,000. 87.61% of the stock is currently owned by institutional investors and hedge funds.

Vishay Precision Group Price Performance

Shares of NYSE VPG opened at $47.27 on Wednesday. The stock has a market cap of $627.75 million, a price-to-earnings ratio of 118.18, a PEG ratio of 3.24 and a beta of 0.86. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.71 and a current ratio of 4.10. Vishay Precision Group, Inc. has a fifty-two week low of $18.57 and a fifty-two week high of $56.25. The firm’s 50-day simple moving average is $45.20 and its 200 day simple moving average is $37.55.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings data on Wednesday, February 11th. The scientific and technical instruments company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.14). Vishay Precision Group had a return on equity of 2.17% and a net margin of 1.72%.The company had revenue of $80.57 million during the quarter, compared to analysts’ expectations of $78.08 million. As a group, research analysts anticipate that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. B. Riley Financial reiterated a “buy” rating and issued a $63.00 price objective (up from $45.00) on shares of Vishay Precision Group in a research note on Tuesday, February 3rd. Weiss Ratings raised shares of Vishay Precision Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 20th. Wall Street Zen cut 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 Vishay Precision Group in a research report on Thursday, December 18th. Finally, Zacks Research downgraded Vishay Precision Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $53.67.

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.