Citigroup Inc. Has $257,000 Stock Position in Vishay Precision Group, Inc. (NYSE:VPG)

Citigroup Inc. cut its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 33.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,648 shares of the scientific and technical instruments company’s stock after selling 3,931 shares during the quarter. Citigroup Inc. owned about 0.06% of Vishay Precision Group worth $257,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. West Tower Group LLC acquired a new position in shares of Vishay Precision Group during the 2nd quarter worth approximately $30,000. Qube Research & Technologies Ltd bought a new stake in Vishay Precision Group in the 3rd quarter valued at $70,000. Tower Research Capital LLC TRC boosted its stake in Vishay Precision Group by 270.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,603 shares of the scientific and technical instruments company’s stock valued at $87,000 after purchasing an additional 1,901 shares during the period. Tucker Asset Management LLC boosted its stake in Vishay Precision Group by 58.8% in the 2nd quarter. Tucker Asset Management LLC now owns 2,723 shares of the scientific and technical instruments company’s stock valued at $101,000 after purchasing an additional 1,008 shares during the period. Finally, SG Americas Securities LLC bought a new stake in Vishay Precision Group in the 3rd quarter valued at $106,000. 87.61% of the stock is owned by institutional investors and hedge funds.

Vishay Precision Group Stock Performance

NYSE:VPG opened at $34.90 on Thursday. The stock has a fifty day moving average price of $33.51 and a 200-day moving average price of $32.35. The company has a market cap of $466.96 million, a price-to-earnings ratio of 18.56 and a beta of 1.26. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.51 and a current ratio of 3.94. Vishay Precision Group, Inc. has a fifty-two week low of $27.93 and a fifty-two week high of $41.85.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Wednesday, February 14th. The scientific and technical instruments company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.25. Vishay Precision Group had a return on equity of 9.19% and a net margin of 7.24%. The business had revenue of $89.53 million during the quarter, compared to the consensus estimate of $79.69 million. During the same period in the prior year, the company earned $0.76 EPS. As a group, equities analysts anticipate that Vishay Precision Group, Inc. will post 1.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded Vishay Precision Group from a “c+” rating to a “b-” rating in a research note on Friday, March 1st.

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.