Bastion Asset Management Inc. Has $9.81 Million Holdings in Vishay Precision Group, Inc. $VPG

Bastion Asset Management Inc. lifted its stake in Vishay Precision Group, Inc. (NYSE:VPGFree Report) by 31.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 224,196 shares of the scientific and technical instruments company’s stock after purchasing an additional 53,102 shares during the period. Vishay Precision Group accounts for 3.0% of Bastion Asset Management Inc.’s portfolio, making the stock its 5th largest position. Bastion Asset Management Inc.’s holdings in Vishay Precision Group were worth $9,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of VPG. Russell Investments Group Ltd. grew its holdings in Vishay Precision Group by 826.7% during the third quarter. Russell Investments Group Ltd. now owns 1,112 shares of the scientific and technical instruments company’s stock valued at $36,000 after purchasing an additional 992 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Vishay Precision Group by 1,180.0% during the fourth quarter. Farther Finance Advisors LLC now owns 1,024 shares of the scientific and technical instruments company’s stock worth $39,000 after purchasing an additional 944 shares in the last quarter. Strs Ohio bought a new position in shares of Vishay Precision Group during the first quarter worth $39,000. Kestra Advisory Services LLC acquired a new position in shares of Vishay Precision Group in the 4th quarter valued at $51,000. Finally, Central Pacific Bank Trust Division bought a new stake in shares of Vishay Precision Group in the 4th quarter valued at $75,000. Institutional investors and hedge funds own 87.61% of the company’s stock.

Vishay Precision Group Stock Performance

Shares of VPG stock opened at $100.12 on Friday. The company has a fifty day moving average price of $119.53 and a two-hundred day moving average price of $72.62. Vishay Precision Group, Inc. has a one year low of $25.58 and a one year high of $151.78. The stock has a market cap of $1.33 billion, a P/E ratio of 222.49, a P/E/G ratio of 5.52 and a beta of 1.43. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.47 and a quick ratio of 2.97.

Vishay Precision Group (NYSE:VPGGet Free Report) last issued its earnings results on Tuesday, May 12th. The scientific and technical instruments company reported $0.07 earnings per share (EPS) for the quarter. Vishay Precision Group had a net margin of 1.85% and a return on equity of 2.28%. The company had revenue of $84.35 million for the quarter, compared to analysts’ expectations of $77.08 million. As a group, equities analysts predict that Vishay Precision Group, Inc. will post 0.97 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on VPG shares. Zacks Research downgraded Vishay Precision Group from a “strong-buy” rating to a “hold” rating in a report on Monday. Wall Street Zen upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Lake Street Capital lifted their price target on shares of Vishay Precision Group from $54.00 to $98.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. B. Riley Financial upped their price target on shares of Vishay Precision Group from $63.00 to $109.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings raised shares of Vishay Precision Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, June 23rd. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $83.67.

Read Our Latest Analysis on Vishay Precision Group

About Vishay Precision Group

(Free Report)

Vishay Precision Group (NYSE: VPG) specializes in the design, manufacture and calibration of precision sensors, instrumentation and measurement systems used in a broad range of applications. Its product portfolio includes load cells, tension links, weighing modules, torque transducers, digital indicators and data acquisition systems. These solutions serve critical requirements for accuracy, reliability and repeatability in sectors such as industrial automation, test and measurement, medical devices, food and beverage processing, aerospace and defense.

The company traces its roots to the sensor and measurement division of Vishay Intertechnology, Inc, from which it was spun off as an independent public company in March 2016.

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Institutional Ownership by Quarter for Vishay Precision Group (NYSE:VPG)

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