Vishay Precision Group (NYSE:VPG) Stock Rating Lowered by StockNews.com

StockNews.com lowered shares of Vishay Precision Group (NYSE:VPG) from a buy rating to a hold rating in a research note released on Saturday.

Separately, B. Riley upgraded shares of Vishay Precision Group from a “neutral” rating to a “buy” rating and lifted their price target for the company from $24.50 to $28.50 in a research report on Thursday, February 13th.

Vishay Precision Group Stock Performance

Shares of VPG stock opened at $21.92 on Friday. Vishay Precision Group has a 52 week low of $20.83 and a 52 week high of $35.54. The company has a 50-day simple moving average of $23.62 and a 200 day simple moving average of $24.05. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41. The company has a market capitalization of $290.20 million, a price-to-earnings ratio of 29.62 and a beta of 1.15.

Vishay Precision Group (NYSE:VPG) last posted its earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.10). Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. On average, sell-side analysts predict that Vishay Precision Group will post 0.9 earnings per share for the current year.

Hedge Funds Weigh In On Vishay Precision Group

Hedge funds have recently bought and sold shares of the company. Quantbot Technologies LP bought a new stake in shares of Vishay Precision Group during the 3rd quarter worth approximately $51,000. Quest Partners LLC bought a new stake in shares of Vishay Precision Group during the 3rd quarter worth $66,000. Cubist Systematic Strategies LLC bought a new position in shares of Vishay Precision Group in the fourth quarter worth about $184,000. Wells Fargo & Company MN boosted its position in Vishay Precision Group by 32.3% in the fourth quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company’s stock valued at $189,000 after buying an additional 1,970 shares in the last quarter. Finally, EMC Capital Management increased its holdings in shares of Vishay Precision Group by 577.8% during the fourth quarter. EMC Capital Management now owns 9,069 shares of the scientific and technical instruments company’s stock worth $213,000 after buying an additional 7,731 shares in the last quarter. 87.61% of the stock is owned by institutional investors.

About Vishay Precision Group

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.