Vishay Precision Group (NYSE:VPG) Downgraded to Hold Rating by StockNews.com

StockNews.com downgraded shares of Vishay Precision Group (NYSE:VPG) from a buy rating to a hold rating in a research note released on Thursday morning.

Separately, B. Riley upgraded shares of Vishay Precision Group from a “neutral” rating to a “buy” rating and upped their price target for the company from $24.50 to $28.50 in a research note on Thursday.

Vishay Precision Group Stock Performance

Shares of NYSE VPG opened at $24.88 on Thursday. The company has a current ratio of 4.41, a quick ratio of 2.80 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $329.45 million, a P/E ratio of 25.13 and a beta of 1.15. Vishay Precision Group has a 12 month low of $20.83 and a 12 month high of $35.98. The stock has a 50 day moving average of $23.34 and a 200-day moving average of $24.51.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.10). Vishay Precision Group had a net margin of 4.13% and a return on equity of 6.24%. As a group, equities research analysts predict that Vishay Precision Group will post 1.06 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP bought a new stake in shares of Vishay Precision Group in the third quarter valued at about $51,000. Quest Partners LLC acquired a new stake in Vishay Precision Group in the 3rd quarter worth about $66,000. SG Americas Securities LLC bought a new stake in Vishay Precision Group in the 3rd quarter valued at about $146,000. Wells Fargo & Company MN grew its position in shares of Vishay Precision Group by 32.3% during the 4th quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company’s stock worth $189,000 after purchasing an additional 1,970 shares in the last quarter. Finally, EMC Capital Management increased its holdings in shares of Vishay Precision Group by 577.8% during the fourth quarter. EMC Capital Management now owns 9,069 shares of the scientific and technical instruments company’s stock worth $213,000 after purchasing an additional 7,731 shares during the period. 87.61% of the stock is owned by institutional investors and hedge funds.

Vishay Precision Group Company 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.