UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Position in Vishay Precision Group, Inc. (NYSE:VPG)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in Vishay Precision Group, Inc. (NYSE:VPG) by 11.7% in the third quarter, Holdings Channel reports. The firm owned 20,149 shares of the scientific and technical instruments company’s stock after selling 2,665 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Vishay Precision Group were worth $522,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new stake in Vishay Precision Group in the third quarter worth about $51,000. Quest Partners LLC purchased a new position in shares of Vishay Precision Group in the 3rd quarter valued at approximately $66,000. SG Americas Securities LLC acquired a new stake in Vishay Precision Group in the 3rd quarter worth approximately $146,000. Kovack Advisors Inc. purchased a new stake in Vishay Precision Group during the 3rd quarter worth approximately $218,000. Finally, BNP Paribas Financial Markets grew its position in Vishay Precision Group by 167.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 11,863 shares of the scientific and technical instruments company’s stock worth $307,000 after purchasing an additional 7,432 shares during the last quarter. 87.61% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Precision Group Trading Up 0.3 %

Shares of NYSE:VPG opened at $23.15 on Friday. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09. Vishay Precision Group, Inc. has a 52-week low of $20.83 and a 52-week high of $35.98. The business has a 50-day moving average price of $23.22 and a 200-day moving average price of $26.79. The stock has a market cap of $306.48 million, a price-to-earnings ratio of 23.38 and a beta of 1.16.

Vishay Precision Group (NYSE:VPG) last posted its earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. The company had revenue of $75.73 million during the quarter, compared to the consensus estimate of $73.47 million. Vishay Precision Group had a net margin of 4.13% and a return on equity of 6.24%. During the same period in the previous year, the firm posted $0.47 earnings per share. Equities analysts predict that Vishay Precision Group, Inc. will post 1.06 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Tuesday, December 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.