52,373 Shares in Vishay Precision Group, Inc. (NYSE:VPG) Acquired by Invenomic Capital Management LP

Invenomic Capital Management LP acquired a new stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 52,373 shares of the scientific and technical instruments company’s stock, valued at approximately $1,229,000. Invenomic Capital Management LP owned about 0.40% of Vishay Precision Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Portolan Capital Management LLC purchased a new stake in shares of Vishay Precision Group during the 4th quarter valued at about $11,552,000. JPMorgan Chase & Co. grew its holdings in Vishay Precision Group by 1,238.1% during the third quarter. JPMorgan Chase & Co. now owns 358,325 shares of the scientific and technical instruments company’s stock valued at $9,281,000 after purchasing an additional 331,547 shares during the period. Ameriprise Financial Inc. increased its position in Vishay Precision Group by 82.1% in the fourth quarter. Ameriprise Financial Inc. now owns 330,107 shares of the scientific and technical instruments company’s stock worth $7,748,000 after buying an additional 148,802 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Vishay Precision Group by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 329,940 shares of the scientific and technical instruments company’s stock worth $7,746,000 after buying an additional 10,454 shares during the period. Finally, Lord Abbett & CO. LLC grew its stake in shares of Vishay Precision Group by 683.8% during the 4th quarter. Lord Abbett & CO. LLC now owns 306,992 shares of the scientific and technical instruments company’s stock valued at $7,205,000 after acquiring an additional 267,826 shares during the period. Institutional investors own 87.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. StockNews.com lowered shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 29th. B. Riley reiterated a “buy” rating on shares of Vishay Precision Group in a research note on Wednesday.

Vishay Precision Group Trading Up 2.0%

Shares of VPG opened at $24.62 on Monday. The firm has a market cap of $326.39 million, a P/E ratio of 33.27 and a beta of 0.86. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 2.80. Vishay Precision Group, Inc. has a 1 year low of $18.57 and a 1 year high of $35.11. The company has a 50 day simple moving average of $22.42 and a two-hundred day simple moving average of $23.00.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Tuesday, May 6th. The scientific and technical instruments company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. The company had revenue of $71.74 million during the quarter, compared to the consensus estimate of $73.04 million. On average, equities analysts expect that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current fiscal year.

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.