Connor Clark & Lunn Investment Management Ltd. Sells 5,040 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Connor Clark & Lunn Investment Management Ltd. reduced its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 9.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 51,185 shares of the scientific and technical instruments company’s stock after selling 5,040 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Vishay Precision Group were worth $1,326,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Board of Administration of Florida Retirement System bought a new position in Vishay Precision Group in the 1st quarter worth approximately $314,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Vishay Precision Group by 3.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 20,102 shares of the scientific and technical instruments company’s stock worth $711,000 after acquiring an additional 598 shares during the period. Tidal Investments LLC purchased a new position in shares of Vishay Precision Group in the first quarter valued at $436,000. Annex Advisory Services LLC raised its stake in shares of Vishay Precision Group by 14.6% during the 2nd quarter. Annex Advisory Services LLC now owns 15,230 shares of the scientific and technical instruments company’s stock valued at $464,000 after purchasing an additional 1,945 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Vishay Precision Group by 9.5% in the second quarter. Bank of New York Mellon Corp now owns 54,384 shares of the scientific and technical instruments company’s stock worth $1,655,000 after buying an additional 4,702 shares in the last quarter. 87.61% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

VPG has been the topic of a number of recent analyst reports. StockNews.com downgraded Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th. B. Riley cut their price target on shares of Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th.

Vishay Precision Group Stock Down 0.4 %

VPG opened at $22.43 on Wednesday. The business’s fifty day simple moving average is $23.55 and its 200 day simple moving average is $27.92. Vishay Precision Group, Inc. has a 52 week low of $20.83 and a 52 week high of $35.98. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09. The stock has a market cap of $296.97 million, a PE ratio of 22.86 and a beta of 1.17.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. The firm had revenue of $75.73 million for the quarter, compared to analyst estimates of $73.47 million. Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. During the same period in the prior year, the company earned $0.47 EPS. As a group, research analysts expect that Vishay Precision Group, Inc. will post 1.06 earnings per share for the current fiscal year.

Vishay Precision Group 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.