272 Capital LP Sells 37,053 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

272 Capital LP lessened its stake in Vishay Precision Group, Inc. (NYSE:VPG) by 7.6% in the second quarter, Holdings Channel reports. The firm owned 448,225 shares of the scientific and technical instruments company’s stock after selling 37,053 shares during the quarter. Vishay Precision Group accounts for about 6.9% of 272 Capital LP’s investment portfolio, making the stock its largest position. 272 Capital LP’s holdings in Vishay Precision Group were worth $13,644,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Parallel Advisors LLC increased its stake in shares of Vishay Precision Group by 225.0% in the 4th quarter. Parallel Advisors LLC now owns 741 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 513 shares during the last quarter. EntryPoint Capital LLC grew its position in Vishay Precision Group by 34.2% in the first quarter. EntryPoint Capital LLC now owns 4,111 shares of the scientific and technical instruments company’s stock valued at $145,000 after acquiring an additional 1,048 shares during the last quarter. State Board of Administration of Florida Retirement System acquired a new position in Vishay Precision Group during the first quarter worth about $314,000. Quadrature Capital Ltd bought a new position in shares of Vishay Precision Group in the fourth quarter worth about $321,000. Finally, Tidal Investments LLC acquired a new stake in shares of Vishay Precision Group in the 1st quarter valued at approximately $436,000. Institutional investors own 87.61% of the company’s stock.

Vishay Precision Group Trading Down 1.6 %

Vishay Precision Group stock opened at $23.86 on Tuesday. The stock has a 50-day moving average price of $28.44 and a two-hundred day moving average price of $31.23. Vishay Precision Group, Inc. has a 12 month low of $23.50 and a 12 month high of $35.98. The company has a market capitalization of $318.63 million, a PE ratio of 13.18 and a beta of 1.17.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings data on Tuesday, August 6th. The scientific and technical instruments company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). Vishay Precision Group had a net margin of 6.30% and a return on equity of 7.49%. The business had revenue of $77.36 million during the quarter, compared to the consensus estimate of $78.57 million. During the same quarter last year, the business earned $0.58 EPS. As a group, analysts predict that Vishay Precision Group, Inc. will post 1.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on VPG shares. B. Riley lowered their price objective on shares of Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. StockNews.com raised shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 3rd.

About Vishay Precision Group

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.