Bank of New York Mellon Corp Reduces Holdings in Vishay Precision Group, Inc. (NYSE:VPG)

Bank of New York Mellon Corp lowered its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 2.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 43,595 shares of the scientific and technical instruments company’s stock after selling 1,193 shares during the period. Bank of New York Mellon Corp’s holdings in Vishay Precision Group were worth $1,023,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of VPG. Tidal Investments LLC grew its holdings in shares of Vishay Precision Group by 4.6% during the 3rd quarter. Tidal Investments LLC now owns 11,633 shares of the scientific and technical instruments company’s stock worth $301,000 after acquiring an additional 514 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Vishay Precision Group by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 34,912 shares of the scientific and technical instruments company’s stock valued at $904,000 after purchasing an additional 972 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Vishay Precision Group by 2.5% during the third quarter. Victory Capital Management Inc. now owns 72,248 shares of the scientific and technical instruments company’s stock valued at $1,871,000 after purchasing an additional 1,743 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Vishay Precision Group in the third quarter worth $51,000. Finally, Quest Partners LLC bought a new position in Vishay Precision Group in the third quarter worth $66,000. 87.61% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. B. Riley upgraded shares of Vishay Precision Group from a “neutral” rating to a “buy” rating and boosted their target price for the company from $24.50 to $28.50 in a report on Thursday, February 13th. StockNews.com upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Friday.

Vishay Precision Group Stock Up 4.5 %

VPG stock opened at $23.90 on Tuesday. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09. The business has a 50 day moving average of $23.37 and a 200 day moving average of $23.48. Vishay Precision Group, Inc. has a twelve month low of $20.83 and a twelve month high of $35.52. The firm has a market cap of $316.83 million, a PE ratio of 32.30 and a beta of 1.08.

Vishay Precision Group (NYSE:VPG) last posted 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 return on equity of 3.87% and a net margin of 3.23%. On average, research analysts forecast that Vishay Precision Group, Inc. will post 0.9 EPS for the current fiscal year.

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.