Vishay Precision Group (NYSE:VPG) Stock Rating Lowered by StockNews.com

Vishay Precision Group (NYSE:VPG) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Saturday.

Separately, B. Riley raised Vishay Precision Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $24.50 to $28.50 in a report on Thursday, February 13th.

Vishay Precision Group Stock Performance

Shares of VPG opened at $23.58 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 has a 52-week low of $20.83 and a 52-week high of $35.54. The company has a 50-day simple moving average of $23.62 and a 200-day simple moving average of $24.12. The company has a market capitalization of $312.18 million, a PE ratio of 31.86 and a beta of 1.15.

Vishay Precision Group (NYSE:VPG) last issued its earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.10). Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. Equities research analysts predict that Vishay Precision Group will post 0.9 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vishay Precision Group

Hedge funds have recently added to or reduced their stakes in the business. Tidal Investments LLC lifted its holdings in shares of Vishay Precision Group by 4.6% in the third quarter. Tidal Investments LLC now owns 11,633 shares of the scientific and technical instruments company’s stock valued at $301,000 after purchasing an additional 514 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Vishay Precision Group by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 34,912 shares of the scientific and technical instruments company’s stock valued at $904,000 after buying an additional 972 shares in the last quarter. Quantbot Technologies LP grew its holdings in Vishay Precision Group by 77.9% during the 4th quarter. Quantbot Technologies LP now owns 3,515 shares of the scientific and technical instruments company’s stock valued at $82,000 after buying an additional 1,539 shares during the last quarter. EntryPoint Capital LLC increased its position in Vishay Precision Group by 22.0% during the fourth quarter. EntryPoint Capital LLC now owns 9,596 shares of the scientific and technical instruments company’s stock worth $225,000 after buying an additional 1,730 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of Vishay Precision Group by 2.5% in the third quarter. Victory Capital Management Inc. now owns 72,248 shares of the scientific and technical instruments company’s stock worth $1,871,000 after acquiring an additional 1,743 shares during the last quarter. 87.61% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Precision Group Company Profile

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.