Dimensional Fund Advisors LP Decreases Stake in Vishay Precision Group, Inc. $VPG

Dimensional Fund Advisors LP cut its position in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 3.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 682,726 shares of the scientific and technical instruments company’s stock after selling 24,941 shares during the period. Dimensional Fund Advisors LP owned about 0.05% of Vishay Precision Group worth $29,640,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VPG. Vanguard Group Inc. grew its holdings in Vishay Precision Group by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 937,553 shares of the scientific and technical instruments company’s stock valued at $30,049,000 after buying an additional 24,235 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Vishay Precision Group by 2.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 342,135 shares of the scientific and technical instruments company’s stock worth $9,614,000 after acquiring an additional 8,923 shares in the last quarter. Handelsbanken Fonder AB raised its holdings in shares of Vishay Precision Group by 120.7% during the 4th quarter. Handelsbanken Fonder AB now owns 311,377 shares of the scientific and technical instruments company’s stock worth $11,988,000 after acquiring an additional 170,307 shares in the last quarter. Tieton Capital Management LLC boosted its position in shares of Vishay Precision Group by 0.5% during the 4th quarter. Tieton Capital Management LLC now owns 311,226 shares of the scientific and technical instruments company’s stock valued at $11,982,000 after acquiring an additional 1,495 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Vishay Precision Group in the fourth quarter valued at $9,822,000. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on VPG. Lake Street Capital boosted their price target on shares of Vishay Precision Group from $54.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. B. Riley Financial lifted their price objective on shares of Vishay Precision Group from $63.00 to $109.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Weiss Ratings upgraded shares of Vishay Precision Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, June 23rd. Wall Street Zen upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, Zacks Research downgraded shares of Vishay Precision Group from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $83.67.

Vishay Precision Group Stock Up 10.3%

Shares of VPG opened at $101.02 on Wednesday. The company has a quick ratio of 2.97, a current ratio of 4.47 and a debt-to-equity ratio of 0.06. The business has a fifty day moving average of $119.80 and a 200 day moving average of $78.03. The company has a market cap of $1.34 billion, a PE ratio of 224.50, a P/E/G ratio of 4.70 and a beta of 1.46. Vishay Precision Group, Inc. has a 52-week low of $25.58 and a 52-week high of $151.78.

Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings data on Tuesday, May 12th. The scientific and technical instruments company reported $0.07 earnings per share for the quarter. Vishay Precision Group had a net margin of 1.85% and a return on equity of 2.28%. The business had revenue of $84.35 million for the quarter, compared to analysts’ expectations of $77.08 million. On average, sell-side analysts expect that Vishay Precision Group, Inc. will post 0.97 EPS for the current year.

Vishay Precision Group Company 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.