Kovack Advisors Inc. Increases Stock Holdings in Vishay Precision Group, Inc. (NYSE:VPG)

Kovack Advisors Inc. boosted its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 23.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,371 shares of the scientific and technical instruments company’s stock after buying an additional 1,950 shares during the period. Kovack Advisors Inc. owned approximately 0.08% of Vishay Precision Group worth $243,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. FMR LLC raised its stake in shares of Vishay Precision Group by 51.3% in the third quarter. FMR LLC now owns 802,256 shares of the scientific and technical instruments company’s stock valued at $20,778,000 after acquiring an additional 271,974 shares during the period. Needham Investment Management LLC raised its position in Vishay Precision Group by 5.9% in the 3rd quarter. Needham Investment Management LLC now owns 677,500 shares of the scientific and technical instruments company’s stock worth $17,547,000 after purchasing an additional 37,500 shares during the period. JPMorgan Chase & Co. raised its position in Vishay Precision Group by 1,238.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 358,325 shares of the scientific and technical instruments company’s stock worth $9,281,000 after purchasing an additional 331,547 shares during the period. Geode Capital Management LLC lifted its stake in Vishay Precision Group by 3.7% in the third quarter. Geode Capital Management LLC now owns 319,486 shares of the scientific and technical instruments company’s stock worth $8,276,000 after purchasing an additional 11,391 shares during the last quarter. Finally, State Street Corp grew its stake in shares of Vishay Precision Group by 3.2% during the third quarter. State Street Corp now owns 313,083 shares of the scientific and technical instruments company’s stock valued at $8,109,000 after buying an additional 9,660 shares during the last quarter. 87.61% of the stock is currently owned by institutional investors.

Vishay Precision Group Stock Down 0.8 %

Shares of NYSE VPG opened at $23.58 on Friday. Vishay Precision Group, Inc. has a 52-week low of $20.83 and a 52-week high of $35.54. The firm has a market capitalization of $312.18 million, a price-to-earnings ratio of 31.86 and a beta of 1.15. The stock has a 50 day moving average price of $23.62 and a 200 day moving average price of $24.10. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41.

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 for the quarter, missing the consensus estimate of $0.13 by ($0.10). Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. Sell-side analysts expect that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current year.

Analysts Set New Price Targets

VPG has been the subject of a number of research analyst reports. B. Riley raised Vishay Precision Group from a “neutral” rating to a “buy” rating and raised their price target for the stock from $24.50 to $28.50 in a research note on Thursday, February 13th. StockNews.com lowered Vishay Precision Group from a “buy” rating to a “hold” rating in a research note on Saturday.

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.