Federated Hermes Inc. Sells 7,540 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Federated Hermes Inc. lowered its position in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 37.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,861 shares of the scientific and technical instruments company’s stock after selling 7,540 shares during the period. Federated Hermes Inc. owned about 0.10% of Vishay Precision Group worth $438,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VPG. Vanguard Group Inc. lifted its holdings in Vishay Precision Group by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 624,770 shares of the scientific and technical instruments company’s stock worth $20,980,000 after buying an additional 7,682 shares during the period. Wellington Management Group LLP lifted its holdings in Vishay Precision Group by 35.3% during the 3rd quarter. Wellington Management Group LLP now owns 447,498 shares of the scientific and technical instruments company’s stock worth $15,027,000 after buying an additional 116,800 shares during the period. FMR LLC lifted its holdings in Vishay Precision Group by 0.9% during the 3rd quarter. FMR LLC now owns 266,257 shares of the scientific and technical instruments company’s stock worth $8,941,000 after buying an additional 2,456 shares during the period. Kennedy Capital Management LLC lifted its holdings in Vishay Precision Group by 0.3% during the 3rd quarter. Kennedy Capital Management LLC now owns 260,141 shares of the scientific and technical instruments company’s stock worth $8,736,000 after buying an additional 889 shares during the period. Finally, North Star Investment Management Corp. lifted its holdings in Vishay Precision Group by 18.3% during the 4th quarter. North Star Investment Management Corp. now owns 94,318 shares of the scientific and technical instruments company’s stock worth $3,213,000 after buying an additional 14,600 shares during the period. Institutional investors own 87.61% of the company’s stock.

Analysts Set New Price Targets

Separately, TheStreet raised Vishay Precision Group from a “c+” rating to a “b-” rating in a report on Friday, March 1st.

Vishay Precision Group Stock Up 0.8 %

Shares of NYSE:VPG opened at $34.06 on Friday. The company has a market capitalization of $455.72 million, a price-to-earnings ratio of 18.12 and a beta of 1.25. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.94 and a quick ratio of 2.51. The business’s 50-day moving average is $34.11 and its 200-day moving average is $32.47. Vishay Precision Group, Inc. has a 1 year low of $27.93 and a 1 year high of $38.83.

Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings results on Wednesday, February 14th. The scientific and technical instruments company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.25. Vishay Precision Group had a return on equity of 9.19% and a net margin of 7.24%. The business had revenue of $89.53 million for the quarter, compared to the consensus estimate of $79.69 million. During the same period in the prior year, the business earned $0.76 EPS. Equities research analysts predict that Vishay Precision Group, Inc. will post 1.59 earnings per share for the current year.

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.