Barclays PLC Increases Position in Vishay Precision Group, Inc. (NYSE:VPG)

Barclays PLC lifted its position in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 71.7% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,422 shares of the scientific and technical instruments company’s stock after buying an additional 14,376 shares during the quarter. Barclays PLC’s holdings in Vishay Precision Group were worth $890,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of VPG. FMR LLC boosted 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 worth $20,778,000 after acquiring an additional 271,974 shares during the period. Tieton Capital Management LLC boosted its stake in Vishay Precision Group by 228.8% in the 3rd quarter. Tieton Capital Management LLC now owns 152,156 shares of the scientific and technical instruments company’s stock worth $3,941,000 after purchasing an additional 105,885 shares during the period. American Century Companies Inc. grew its holdings in Vishay Precision Group by 47.7% during the 2nd quarter. American Century Companies Inc. now owns 192,661 shares of the scientific and technical instruments company’s stock valued at $5,865,000 after buying an additional 62,186 shares in the last quarter. Needham Investment Management LLC raised its position in shares of Vishay Precision Group by 5.9% during the third quarter. Needham Investment Management LLC now owns 677,500 shares of the scientific and technical instruments company’s stock valued at $17,547,000 after buying an additional 37,500 shares during the last quarter. Finally, Annex Advisory Services LLC lifted its holdings in shares of Vishay Precision Group by 142.3% in the third quarter. Annex Advisory Services LLC now owns 36,908 shares of the scientific and technical instruments company’s stock worth $956,000 after buying an additional 21,678 shares in the last quarter. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Vishay Precision Group Stock Performance

NYSE VPG opened at $22.68 on Wednesday. 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 $20.83 and a 1-year high of $35.98. The business has a 50 day simple moving average of $22.97 and a two-hundred day simple moving average of $25.77. The stock has a market capitalization of $300.26 million, a PE ratio of 22.91 and a beta of 1.14.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. Vishay Precision Group had a net margin of 4.13% and a return on equity of 6.24%. The company had revenue of $75.73 million for the quarter, compared to analysts’ expectations of $73.47 million. During the same quarter in the previous year, the business posted $0.47 earnings per share. On average, research analysts predict that Vishay Precision Group, Inc. will post 1.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Tuesday, December 3rd.

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.