52,373 Shares in Vishay Precision Group, Inc. (NYSE:VPG) Bought by Invenomic Capital Management LP

Invenomic Capital Management LP acquired a new stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) during the fourth quarter, Holdings Channel.com reports. The firm acquired 52,373 shares of the scientific and technical instruments company’s stock, valued at approximately $1,229,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quantbot Technologies LP boosted its stake in shares of Vishay Precision Group by 77.9% during the 4th quarter. Quantbot Technologies LP now owns 3,515 shares of the scientific and technical instruments company’s stock worth $82,000 after purchasing an additional 1,539 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of Vishay Precision Group during the fourth quarter valued at approximately $184,000. Wells Fargo & Company MN grew its stake in shares of Vishay Precision Group by 32.3% during 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 during the last quarter. EMC Capital Management raised its holdings in shares of Vishay Precision Group by 577.8% in 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 during the period. Finally, EntryPoint Capital LLC lifted its stake in shares of Vishay Precision Group by 22.0% during the 4th quarter. EntryPoint Capital LLC now owns 9,596 shares of the scientific and technical instruments company’s stock worth $225,000 after acquiring an additional 1,730 shares during the last quarter. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Vishay Precision Group Stock Performance

Vishay Precision Group stock opened at $24.62 on Monday. 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 $326.39 million, a PE ratio of 33.27 and a beta of 0.86. The company has a 50 day moving average price of $22.42 and a 200-day moving average price of $23.00. Vishay Precision Group, Inc. has a fifty-two week low of $18.57 and a fifty-two week high of $35.11.

Vishay Precision Group (NYSE:VPG) last issued its earnings results on Tuesday, May 6th. The scientific and technical instruments company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. The firm had revenue of $71.74 million for the quarter, compared to the consensus estimate of $73.04 million. As a group, equities analysts forecast that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have commented on VPG shares. B. Riley reaffirmed a “buy” rating on shares of Vishay Precision Group in a research report on Wednesday. StockNews.com lowered shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Saturday, March 29th.

Vishay Precision Group 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.