Segall Bryant & Hamill LLC Buys 76,119 Shares of Vishay Precision Group, Inc. $VPG

Segall Bryant & Hamill LLC boosted its stake in Vishay Precision Group, Inc. (NYSE:VPG) by 50.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 226,625 shares of the scientific and technical instruments company’s stock after buying an additional 76,119 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Vishay Precision Group were worth $9,840,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Quantinno Capital Management LP grew its stake in shares of Vishay Precision Group by 0.9% in the 1st quarter. Quantinno Capital Management LP now owns 36,869 shares of the scientific and technical instruments company’s stock worth $1,601,000 after acquiring an additional 314 shares in the last quarter. LPL Financial LLC grew its position in Vishay Precision Group by 6.3% in the 4th quarter. LPL Financial LLC now owns 7,522 shares of the scientific and technical instruments company’s stock worth $290,000 after purchasing an additional 448 shares in the last quarter. UBS Group AG lifted its position in shares of Vishay Precision Group by 0.8% during the 3rd quarter. UBS Group AG now owns 67,724 shares of the scientific and technical instruments company’s stock worth $2,171,000 after buying an additional 523 shares in the last quarter. K2 Principal Fund L.P. boosted its stake in shares of Vishay Precision Group by 9.0% in the 4th quarter. K2 Principal Fund L.P. now owns 10,900 shares of the scientific and technical instruments company’s stock worth $420,000 after buying an additional 900 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of Vishay Precision Group during the first quarter valued at approximately $39,000. 87.61% of the stock is currently owned by institutional investors.

Vishay Precision Group Stock Up 0.0%

Shares of NYSE VPG opened at $92.09 on Monday. The company has a quick ratio of 2.97, a current ratio of 4.47 and a debt-to-equity ratio of 0.06. The company has a market cap of $1.22 billion, a P/E ratio of 204.64, a P/E/G ratio of 4.72 and a beta of 1.47. Vishay Precision Group, Inc. has a 52 week low of $25.58 and a 52 week high of $151.78. The business has a 50-day simple moving average of $120.69 and a two-hundred day simple moving average of $77.26.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Tuesday, May 12th. The scientific and technical instruments company reported $0.07 earnings per share for the quarter. Vishay Precision Group had a return on equity of 2.28% and a net margin of 1.85%.The firm had revenue of $84.35 million for the quarter, compared to analysts’ expectations of $77.08 million. Research analysts anticipate that Vishay Precision Group, Inc. will post 0.97 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Weiss Ratings raised Vishay Precision Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, June 23rd. Zacks Research downgraded shares of Vishay Precision Group from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. B. Riley Financial lifted their price objective on shares of Vishay Precision Group from $63.00 to $109.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Lake Street Capital increased their target price on shares of Vishay Precision Group from $54.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Finally, Wall Street Zen raised shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.67.

Vishay Precision Group Company Profile

Vishay Precision Group (NYSE: VPG) specializes in the design, manufacture and calibration of precision sensors, instrumentation and measurement systems used in a broad range of applications. Its product portfolio includes load cells, tension links, weighing modules, torque transducers, digital indicators and data acquisition systems. These solutions serve critical requirements for accuracy, reliability and repeatability in sectors such as industrial automation, test and measurement, medical devices, food and beverage processing, aerospace and defense.

The company traces its roots to the sensor and measurement division of Vishay Intertechnology, Inc, from which it was spun off as an independent public company in March 2016.