Bailard Inc. trimmed its stake in Vishay Precision Group Inc (NYSE:VPG) by 25.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,100 shares of the scientific and technical instruments company’s stock after selling 4,500 shares during the quarter. Bailard Inc. owned approximately 0.10% of Vishay Precision Group worth $396,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Quantamental Technologies LLC bought a new position in Vishay Precision Group in the fourth quarter valued at approximately $28,000. Meeder Asset Management Inc. grew its stake in Vishay Precision Group by 76.3% in the fourth quarter. Meeder Asset Management Inc. now owns 1,740 shares of the scientific and technical instruments company’s stock valued at $54,000 after purchasing an additional 753 shares in the last quarter. Simplex Trading LLC grew its stake in Vishay Precision Group by 173.4% in the third quarter. Simplex Trading LLC now owns 3,483 shares of the scientific and technical instruments company’s stock valued at $130,000 after purchasing an additional 2,209 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Vishay Precision Group in the third quarter valued at approximately $236,000. Finally, Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Vishay Precision Group in the third quarter valued at approximately $287,000. Hedge funds and other institutional investors own 79.32% of the company’s stock.
Separately, ValuEngine raised Vishay Precision Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.
VPG opened at $33.49 on Thursday. Vishay Precision Group Inc has a 12-month low of $24.41 and a 12-month high of $45.00. The company has a market capitalization of $450.98 million, a PE ratio of 29.38, a price-to-earnings-growth ratio of 0.70 and a beta of 1.07. The company has a quick ratio of 2.83, a current ratio of 4.09 and a debt-to-equity ratio of 0.11.
About Vishay Precision Group
Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.
Further Reading: SEC Filing
Want to see what other hedge funds are holding VPG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vishay Precision Group Inc (NYSE:VPG).
Receive News & Ratings for Vishay Precision Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Precision Group and related companies with MarketBeat.com's FREE daily email newsletter.