Bridge City Capital LLC Trims Holdings in Vishay Precision Group, Inc. $VPG

Bridge City Capital LLC trimmed its position in Vishay Precision Group, Inc. (NYSE:VPG) by 10.5% in the 4th quarter, HoldingsChannel reports. The firm owned 79,887 shares of the scientific and technical instruments company’s stock after selling 9,414 shares during the quarter. Bridge City Capital LLC’s holdings in Vishay Precision Group were worth $3,076,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. LPL Financial LLC raised its stake in shares of Vishay Precision Group by 6.3% in the fourth quarter. LPL Financial LLC now owns 7,522 shares of the scientific and technical instruments company’s stock worth $290,000 after purchasing an additional 448 shares during the last quarter. UBS Group AG raised its stake in shares of Vishay Precision Group by 0.8% in the third quarter. UBS Group AG now owns 67,724 shares of the scientific and technical instruments company’s stock worth $2,171,000 after purchasing an additional 523 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Vishay Precision Group by 1,180.0% in the fourth quarter. Farther Finance Advisors LLC now owns 1,024 shares of the scientific and technical instruments company’s stock worth $39,000 after purchasing an additional 944 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of Vishay Precision Group by 826.7% in the third quarter. Russell Investments Group Ltd. now owns 1,112 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 992 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in Vishay Precision Group by 85.7% during the third quarter. BNP Paribas Financial Markets now owns 2,332 shares of the scientific and technical instruments company’s stock valued at $75,000 after acquiring an additional 1,076 shares in the last quarter. 87.61% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Precision Group Stock Down 1.4%

Shares of VPG opened at $139.65 on Friday. The company has a current ratio of 4.47, a quick ratio of 2.97 and a debt-to-equity ratio of 0.06. Vishay Precision Group, Inc. has a 12 month low of $25.49 and a 12 month high of $145.03. The stock’s 50 day moving average is $84.60 and its two-hundred day moving average is $57.34. The firm has a market cap of $1.86 billion, a P/E ratio of 310.34, a PEG ratio of 7.15 and a beta of 1.46.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings data on Tuesday, May 12th. The scientific and technical instruments company reported $0.07 EPS for the quarter. Vishay Precision Group had a return on equity of 2.28% and a net margin of 1.85%.The company had revenue of $84.35 million for the quarter, compared to analyst estimates of $77.08 million. Analysts predict that Vishay Precision Group, Inc. will post 0.97 earnings per share for the current fiscal year.

Analyst Ratings Changes

VPG has been the subject of several recent research reports. Wall Street Zen upgraded Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Lake Street Capital lifted their price target on Vishay Precision Group from $54.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. B. Riley Financial lifted their price target on Vishay Precision Group from $63.00 to $109.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Zacks Research upgraded Vishay Precision Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Finally, Weiss Ratings cut Vishay Precision Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Vishay Precision Group currently has a consensus rating of “Moderate Buy” and an average target price of $83.67.

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.