Rice Hall James & Associates LLC Sells 827 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Rice Hall James & Associates LLC lowered its holdings in Vishay Precision Group, Inc. (NYSE:VPG) by 1.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 81,259 shares of the scientific and technical instruments company’s stock after selling 827 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Vishay Precision Group were worth $2,105,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD boosted its stake in 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 purchasing an additional 598 shares in the last quarter. EntryPoint Capital LLC boosted its stake in Vishay Precision Group by 34.2% in the first quarter. EntryPoint Capital LLC now owns 4,111 shares of the scientific and technical instruments company’s stock worth $145,000 after purchasing an additional 1,048 shares in the last quarter. Annex Advisory Services LLC boosted its stake in Vishay Precision Group by 14.6% in the second quarter. Annex Advisory Services LLC now owns 15,230 shares of the scientific and technical instruments company’s stock worth $464,000 after purchasing an additional 1,945 shares in the last quarter. Algert Global LLC lifted its stake in shares of Vishay Precision Group by 19.6% during the second quarter. Algert Global LLC now owns 15,711 shares of the scientific and technical instruments company’s stock valued at $478,000 after acquiring an additional 2,571 shares during the period. Finally, Divisar Capital Management LLC lifted its stake in shares of Vishay Precision Group by 2.2% during the second quarter. Divisar Capital Management LLC now owns 176,001 shares of the scientific and technical instruments company’s stock valued at $5,357,000 after acquiring an additional 3,726 shares during the period. Institutional investors and hedge funds own 87.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VPG. StockNews.com raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 3rd. B. Riley cut their target price on Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th.

Vishay Precision Group Trading Up 1.3 %

NYSE:VPG opened at $23.51 on Friday. Vishay Precision Group, Inc. has a 1-year low of $22.79 and a 1-year high of $35.98. The business’s 50-day moving average price is $24.85 and its two-hundred day moving average price is $29.30. The firm has a market capitalization of $311.74 million, a price-to-earnings ratio of 15.17 and a beta of 1.17.

Vishay Precision Group (NYSE:VPG) last released its earnings results on Tuesday, August 6th. The scientific and technical instruments company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.01). Vishay Precision Group had a net margin of 6.30% and a return on equity of 7.49%. The company had revenue of $77.36 million during the quarter, compared to analyst estimates of $78.57 million. During the same period in the previous year, the company posted $0.58 EPS. Sell-side analysts predict that Vishay Precision Group, Inc. will post 1.12 earnings per share for the current year.

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.